Lmp Automotive Holdings Inc
LMP Automotive Holdings, Inc., through its subsidiaries, buys, sells, rents and subscribes for, and obtains financing for automobiles online and in person in the United States. It primarily buys pre-owned automobiles primarily through auctions or directly from other automobile dealers, as well as new automobiles from manufacturers and distributors at fleet rates. The company was incorporated in 2… Read more
Lmp Automotive Holdings Inc (LMPX) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2021: 0.441x
Based on the latest financial reports, Lmp Automotive Holdings Inc (LMPX) has a cash flow conversion efficiency ratio of 0.441x as of September 2021.
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 ($21.12 Million) by net assets ($47.87 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Lmp Automotive Holdings Inc - Cash Flow Conversion Efficiency Trend (2016–2020)
This chart illustrates how Lmp Automotive Holdings Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Lmp Automotive Holdings Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Lmp Automotive Holdings Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Singapore Reinsurance Corporation Limited
STU:S49
|
0.053x |
|
Sprott Physical Gold and Silver Trust
TO:CEF
|
-0.001x |
|
FORTIS
BE:12F
|
0.055x |
|
Asia Media Group Bhd
KLSE:0159
|
0.011x |
|
Tower Investments SA
WAR:TOW
|
-0.116x |
|
SODEXO (SJ7.SG)
STU:SJ7
|
N/A |
|
SAB Finance as
PR:SABFG
|
N/A |
|
VNCUF
OTCGREY:VNCUF
|
N/A |
Annual Cash Flow Conversion Efficiency for Lmp Automotive Holdings Inc (2016–2020)
The table below shows the annual cash flow conversion efficiency of Lmp Automotive Holdings Inc from 2016 to 2020.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2020-12-31 | $29.14 Million | $-6.31 Million | -0.216x | +13.90% |
| 2019-12-31 | $15.85 Million | $-3.98 Million | -0.251x | +81.81% |
| 2018-12-31 | $9.75 Million | $-13.47 Million | -1.381x | +24.25% |
| 2017-12-31 | $2.53 Million | $-4.62 Million | -1.823x | -714.25% |
| 2016-12-31 | $318.61K | $-71.35K | -0.224x | -- |