RENN Fund Inc (RCG) - Cash Flow Conversion Efficiency
Based on the latest financial reports, RENN Fund Inc (RCG) has a cash flow conversion efficiency ratio of -0.002x as of June 2023. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-28.50K) by net assets ($14.81 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. View RENN Fund Inc (RCG) stock price for real-time trading data and today's change.
RENN Fund Inc - Cash Flow Conversion Efficiency Trend (1996–2022)
This chart illustrates how RENN Fund Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Also see market cap of RENN Fund Inc for the company's overall valuation and market capitalisation.
RENN Fund Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of RENN Fund Inc ranked by their cash flow conversion efficiency. Also see RENN Fund Inc balance sheet assets for a full breakdown of the balance sheet.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Ahmad Zaki Resources Bhd
KLSE:7078
|
3.200x |
|
Evoke Pharma Inc
NASDAQ:EVOK
|
-0.155x |
|
Hansung Ent
KO:003680
|
0.030x |
|
Kodi-S Co Ltd
KQ:080530
|
-0.029x |
|
Patentus SA
WAR:PAT
|
-0.050x |
|
BIT Mining Limited
NYSE:BTCM
|
-0.167x |
|
Camplify Holdings Ltd
AU:CHL
|
-0.067x |
|
Oxford Instruments PLC
LSE:OXIG
|
0.155x |
Annual Cash Flow Conversion Efficiency for RENN Fund Inc (1996–2022)
The table below shows the annual cash flow conversion efficiency of RENN Fund Inc from 1996 to 2022. Review RCG financial flexibility index to assess the company's free cash flow relative to its total liabilities.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | $14.83 Million | $-2.15 Million | -0.145x | -1045.27% |
| 2021-12-31 | $16.98 Million | $260.23K | 0.015x | -84.61% |
| 2020-12-31 | $11.86 Million | $1.18 Million | 0.100x | +163.18% |
| 2019-12-31 | $12.41 Million | $-1.96 Million | -0.158x | +15.42% |
| 2018-12-31 | $8.48 Million | $-1.58 Million | -0.186x | -163.18% |
| 2017-12-31 | $6.55 Million | $1.93 Million | 0.295x | +152.02% |
| 2016-12-31 | $7.34 Million | $-4.16 Million | -0.567x | -301.22% |
| 2015-12-31 | $6.12 Million | $1.72 Million | 0.282x | +381.92% |
| 2014-12-31 | $9.86 Million | $-985.09K | -0.100x | -159.30% |
| 2013-12-31 | $10.54 Million | $1.78 Million | 0.169x | +1182.42% |
| 2012-12-31 | $11.27 Million | $-175.53K | -0.016x | -137.28% |
| 2011-12-31 | $9.50 Million | $396.87K | 0.042x | +208.46% |
| 2010-12-31 | $12.47 Million | $-480.33K | -0.039x | +72.83% |
| 2009-12-31 | $18.20 Million | $-2.58 Million | -0.142x | -492.66% |
| 2008-12-31 | $18.40 Million | $664.27K | 0.036x | +112.21% |
| 2007-12-31 | $37.76 Million | $-11.16 Million | -0.296x | -215.64% |
| 2006-12-31 | $48.40 Million | $12.37 Million | 0.256x | +183.29% |
| 2005-12-31 | $54.10 Million | $-16.60 Million | -0.307x | -406.84% |
| 2004-12-31 | $74.60 Million | $7.46 Million | 0.100x | -73.34% |
| 2003-12-31 | $69.40 Million | $26.03 Million | 0.375x | +198.98% |
| 2002-12-31 | $41.30 Million | $-15.65 Million | -0.379x | -585.93% |
| 2001-12-31 | $54.50 Million | $4.25 Million | 0.078x | -78.52% |
| 2000-12-31 | $47.40 Million | $17.21 Million | 0.363x | +44.41% |
| 1999-12-31 | $45.90 Million | $11.54 Million | 0.251x | +176.03% |
| 1998-12-31 | $41.50 Million | $3.78 Million | 0.091x | +232.23% |
| 1997-12-31 | $44.50 Million | $1.22 Million | 0.027x | -70.09% |
| 1996-12-31 | $49.10 Million | $4.50 Million | 0.092x | -- |
About RENN Fund Inc
RENN Fund, Inc. is a closed ended equity mutual fund launched by RENN Capital Group, Inc. The fund is co-managed by Horizon Kinetics Asset Management LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It seeks to invest in stocks of small-cap and mid-cap companies. The fund employs a fundamental … Read more