Allied Corp
Allied Corp., a cannabis company, develops, manufactures, and markets hemp derived cannabis products in the United States. The company operates in two segments, Allied Colombia and Allied Corp. It offers hemp-based CBD natural health products, as well as cannabis related products, including beauty and skincare products, and foods and beverages. The company also develops ALID 10 and ALID 11 for th… Read more
Allied Corp (ALID) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of November 2024: 0.067x
Based on the latest financial reports, Allied Corp (ALID) has a cash flow conversion efficiency ratio of 0.067x as of November 2024.
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 ($-509.16K) by net assets ($-7.64 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Allied Corp - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Allied Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Allied Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Allied Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Guardforce AI Co. Limited
PINK:GRDAF
|
-0.015x |
|
Combined Motor Holdings Limited
JSE:CMH
|
-0.073x |
|
Bronco Resources Corp.
V:BRON
|
0.000x |
|
HUMANA - Dusseldorf Stock Exchang
DU:HUM
|
0.105x |
|
Discovery Alaska Ltd
AU:DAF
|
-0.122x |
|
Quality Industrial Corp.
PINK:QIND
|
-0.093x |
|
Banaras Beads Limited
NSE:BANARBEADS
|
-0.026x |
|
Troubadour Resources Inc
OTCQB:TROUF
|
-0.017x |
Annual Cash Flow Conversion Efficiency for Allied Corp (2016–2024)
The table below shows the annual cash flow conversion efficiency of Allied Corp from 2016 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-08-31 | $-7.55 Million | $-2.00 Million | 0.265x | -6.77% |
| 2023-08-31 | $-6.88 Million | $-1.96 Million | 0.284x | -91.49% |
| 2022-08-31 | $-1.28 Million | $-4.28 Million | 3.341x | -18.02% |
| 2021-08-31 | $-970.78K | $-3.96 Million | 4.075x | +577.59% |
| 2020-08-31 | $3.70 Million | $-3.16 Million | -0.853x | -103.88% |
| 2019-08-31 | $-59.80K | $-1.32 Million | 22.011x | +116.32% |
| 2018-08-31 | $-36.69K | $-373.35K | 10.175x | +1158.52% |
| 2017-08-31 | $-17.44K | $-14.10K | 0.809x | +150.56% |
| 2016-08-31 | $2.81K | $-4.50K | -1.599x | -- |