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 operational self-sufficiency of Tri Continental Closed Fund to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
Guangzhou Goaland Energy Conservation Tech Co Ltd
SHE:300499
|
0.026x |
|
H2O America
NASDAQ:HTO
|
0.051x |
|
Dom Development S.A.
WAR:DOM
|
-0.038x |
|
Zydus Wellness Limited
NSE:ZYDUSWELL
|
0.070x |
|
Tibet Rhodiola Pharmaceutical Holding Co
SHG:600211
|
0.070x |
|
MCC Meili Paper Industry Co Ltd
SHE:000815
|
0.059x |
|
Integral Ad Science Holding LLC
NASDAQ:IAS
|
0.044x |
|
Harbin Boshi Automation Co Ltd
SHE:002698
|
0.011x |
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 market value of Tri Continental Closed Fund.
| 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