Bitech Technologies Corporation
Bitech Technologies Corporation focuses on providing a suite of green energy solutions in the United States. It focuses on developing battery energy storage system projects; commercial and renewable energy solutions, enterprise utility services, public service engagements, and other renewable energy initiatives, as well as energy management systems, energy storage systems, smart power systems, an… Read more
Bitech Technologies Corporation (BTTC) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: -0.031x
Based on the latest financial reports, Bitech Technologies Corporation (BTTC) has a cash flow conversion efficiency ratio of -0.031x as of September 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 ($-682.37K) by net assets ($21.79 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Bitech Technologies Corporation - Cash Flow Conversion Efficiency Trend (2018–2022)
This chart illustrates how Bitech Technologies Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Bitech Technologies Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Bitech Technologies Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Samyang Packaging
KO:272550
|
0.073x |
|
Daejung Chemicals & Metals Co.Ltd
KQ:120240
|
0.023x |
|
Kabra Extrusion Technik Limited
NSE:KABRAEXTRU
|
-0.022x |
|
Adtraction Group AB
ST:ADTR
|
0.190x |
|
Lytix Biopharma AS
OL:LYTIX
|
-0.969x |
|
Launch Technologies Co Ltd
TWO:8420
|
-0.036x |
|
reAlpha Tech Corp. Common Stock
NASDAQ:AIRE
|
-0.389x |
|
FGV Holdings Bhd
KLSE:5222
|
0.039x |
Annual Cash Flow Conversion Efficiency for Bitech Technologies Corporation (2018–2022)
The table below shows the annual cash flow conversion efficiency of Bitech Technologies Corporation from 2018 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | $199.33K | $-789.34K | -3.960x | -967.70% |
| 2021-12-31 | $-388.80K | $-177.44K | 0.456x | +125.37% |
| 2020-12-31 | $-248.43K | $446.97K | -1.799x | -113.85% |
| 2019-12-31 | $48.96K | $635.91K | 12.987x | +17620.34% |
| 2018-12-31 | $1.66 Million | $-123.16K | -0.074x | -- |