A-Sonic Aerospace Limited
A-Sonic Aerospace Limited, an investment holding company, engages in the aviation and logistics businesses in Asia, North America, Europe, and Sub-Continent India. The company sells aircrafts engines and aircrafts components. It also provides logistic solutions, including international and domestic multi-modal transportation, warehousing, distribution, customs clearance, and airport ground servic… Read more
A-Sonic Aerospace Limited (ASNCF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: -0.045x
Based on the latest financial reports, A-Sonic Aerospace Limited (ASNCF) has a cash flow conversion efficiency ratio of -0.045x 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 ($-2.02 Million) by net assets ($45.39 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
A-Sonic Aerospace Limited - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how A-Sonic Aerospace Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
A-Sonic Aerospace Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of A-Sonic Aerospace Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Bynordic Acquisition Corp
NASDAQ:BYNO
|
0.466x |
|
Iris Metals Ltd
AU:IR1
|
-0.041x |
|
Wilmington Capital Management Inc
TO:WCM-A
|
-0.006x |
|
Australian Silica Quartz Group Ltd
PINK:BXRDF
|
-0.107x |
|
Step One Clothing Limited
F:J6H
|
N/A |
|
WIJAYA KARYA BETON RP 100
F:WK0
|
N/A |
|
High-Tech Metals Ltd
AU:HTM
|
-0.047x |
|
Green Resources Public Company Limited
BK:GREEN
|
0.013x |
Annual Cash Flow Conversion Efficiency for A-Sonic Aerospace Limited (2013–2024)
The table below shows the annual cash flow conversion efficiency of A-Sonic Aerospace Limited from 2013 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $48.34 Million | $1.86 Million | 0.038x | +72.24% |
| 2023-12-31 | $45.77 Million | $1.02 Million | 0.022x | -91.51% |
| 2022-12-31 | $45.99 Million | $12.11 Million | 0.263x | -9.98% |
| 2021-12-31 | $43.23 Million | $12.65 Million | 0.293x | +9.93% |
| 2020-12-31 | $34.69 Million | $9.23 Million | 0.266x | +605.12% |
| 2019-12-31 | $26.97 Million | $-1.42 Million | -0.053x | -173.44% |
| 2018-12-31 | $24.31 Million | $1.74 Million | 0.072x | -65.81% |
| 2017-12-31 | $23.63 Million | $4.96 Million | 0.210x | +1142.17% |
| 2016-12-31 | $25.03 Million | $-504.00K | -0.020x | -118.28% |
| 2015-12-31 | $27.75 Million | $3.06 Million | 0.110x | +516.79% |
| 2014-12-31 | $38.42 Million | $-1.01 Million | -0.026x | -33.55% |
| 2013-12-31 | $39.02 Million | $-772.00K | -0.020x | -- |