Tri Continental Closed Fund Cash Flow Conversion Efficiency
Tri Continental Closed Fund 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.
Cash Flow Conversion Efficiency of Tri Continental Closed Fund (1996–2021)
Cash flow conversion efficiency of Tri Continental Closed Fund from 1996 to 2021. This chart illustrates how Tri Continental Closed Fund's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Tri Continental Closed Fund share price for real-time trading data and today's change.
Tri Continental Closed Fund Cash Flow Conversion Ratio Explained
Tri Continental Closed Fund cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see TY company net worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
H2O America
NASDAQ:HTO
|
0.051x |
|
Business intelligence of Oriental Nations Corp Ltd
SHE:300166
|
0.000x |
|
Nanjing Vazyme Biotech Co Ltd
SHG:688105
|
0.021x |
|
Jiangsu Toland Alloy Co Ltd
SHE:300855
|
0.049x |
|
Integral Ad Science Holding LLC
NASDAQ:IAS
|
0.044x |
|
SRH Total Return Fund Inc.
NYSE:STEW
|
0.015x |
|
Attendo AB (publ)
ST:ATT
|
0.115x |
|
Sumitomo Chemical India Limited
NSE:SUMICHEM
|
0.136x |
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. Review Tri Continental Closed Fund free cash flow ratio to assess how much free cash flow the company generates relative to operating cash flow.
| 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