Tri Continental Closed Fund (TY) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Tri Continental Closed Fund (TY) has a cash flow conversion efficiency ratio of -0.191x as of June 2022. 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 ($-316.86 Million) by net assets ($1.66 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See TY equity to assets ratio to measure how much of total assets are equity-financed.
Tri Continental Closed Fund - Cash Flow Conversion Efficiency Trend (1996–2021)
This chart illustrates how Tri Continental Closed Fund's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Tri Continental Closed Fund cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
Tri Continental Closed Fund Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Tri Continental Closed Fund ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
H2O America
NASDAQ:HTO
|
0.051x |
|
Jiangxi Hongcheng Waterworks Co Ltd
SHG:600461
|
0.058x |
|
Suzhou UIGreen Micro & Nano Technologies Co. Ltd. A
SHG:688661
|
0.002x |
|
Bursa Malaysia Bhd
KLSE:1818
|
0.132x |
|
Integral Ad Science Holding LLC
NASDAQ:IAS
|
0.044x |
|
Qingdao Baheal Medical INC.
SHE:301015
|
0.079x |
|
A.F.P. Provida
SN:PROVIDA
|
0.022x |
|
Guangdong Advertising Co Ltd
SHE:002400
|
0.025x |
Annual Cash Flow Conversion Efficiency for Tri Continental Closed Fund (1996–2021)
The table below shows the annual cash flow conversion efficiency of Tri Continental Closed Fund from 1996 to 2021. For the full company profile with market capitalisation and key ratios, see Tri Continental Closed Fund stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2021-12-31 | $2.04 Billion | $435.70 Million | 0.213x | +92.01% |
| 2020-12-31 | $1.78 Billion | $197.96 Million | 0.111x | -44.59% |
| 2019-12-31 | $1.70 Billion | $341.30 Million | 0.200x | +500.73% |
| 2018-12-31 | $1.47 Billion | $-73.45 Million | -0.050x | -129.82% |
| 2017-12-31 | $1.68 Billion | $280.96 Million | 0.168x | +36.44% |
| 2016-12-31 | $1.51 Billion | $185.42 Million | 0.123x | +641.98% |
| 2015-12-31 | $1.42 Billion | $-32.23 Million | -0.023x | -124.07% |
| 2014-12-31 | $1.55 Billion | $146.04 Million | 0.094x | -55.67% |
| 2013-12-31 | $1.47 Billion | $313.40 Million | 0.213x | +57.58% |
| 2012-12-31 | $1.22 Billion | $164.70 Million | 0.135x | +120.06% |
| 2011-12-31 | $1.12 Billion | $68.40 Million | 0.061x | -58.60% |
| 2010-12-31 | $1.10 Billion | $162.70 Million | 0.148x | -15.45% |
| 2009-12-31 | $983.90 Million | $172.30 Million | 0.175x | +116.30% |
| 2008-12-31 | $931.54 Million | $-1.00 Billion | -1.074x | -13530.64% |
| 2007-12-31 | $2.41 Billion | $-19.00 Million | -0.008x | -105.49% |
| 2006-12-31 | $2.69 Billion | $386.70 Million | 0.143x | +748.37% |
| 2005-12-31 | $2.43 Billion | $41.10 Million | 0.017x | -84.65% |
| 2004-12-31 | $2.51 Billion | $276.40 Million | 0.110x | -44.63% |
| 2003-12-31 | $2.35 Billion | $467.40 Million | 0.199x | +152.74% |
| 2002-12-31 | $2.00 Billion | $-753.10 Million | -0.377x | -195.06% |
| 2001-12-31 | $2.91 Billion | $-372.30 Million | -0.128x | -17.11% |
| 2000-12-31 | $3.50 Billion | $-381.70 Million | -0.109x | -220.32% |
| 1999-12-31 | $4.15 Billion | $376.40 Million | 0.091x | -55.01% |
| 1998-12-31 | $4.04 Billion | $814.90 Million | 0.202x | -3.51% |
| 1997-12-31 | $3.43 Billion | $716.90 Million | 0.209x | +21.05% |
| 1996-12-31 | $2.87 Billion | $496.10 Million | 0.173x | -- |
About Tri Continental Closed Fund
Tri-Continental Corporation is a closed ended equity mutual fund launched and managed by Columbia Management Investment Advisers, LLC. It primarily invests in the public equity markets of the United States. The fund invests in stocks of companies that operate across diversified sectors. It seeks to invest in stocks of large-cap companies. The fund benchmarks the performance of its portfolio again… Read more