Fobi AI Inc
Fobi AI Inc., together with its subsidiaries, operates as a technology and data intelligence company in North America and Europe. It provides software as a service; consulting and development services; and resells, refers, and licenses its products. The company also offers mobile wallet solutions, digital coupons, and customer insights solutions. It serves various industries, including the hospit… Read more
Fobi AI Inc (FOBIF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2024: -0.683x
Based on the latest financial reports, Fobi AI Inc (FOBIF) has a cash flow conversion efficiency ratio of -0.683x as of March 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 ($-1.78 Million) by net assets ($2.61 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Fobi AI Inc - Cash Flow Conversion Efficiency Trend (2018–2023)
This chart illustrates how Fobi AI 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.
Fobi AI Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Fobi AI Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
VIRACTA THERAP.I.DL-0001
F:RYI
|
N/A |
|
Beasley Broadcast Group Inc
NASDAQ:BBGI
|
-0.035x |
|
4LE
F:4LE
|
-0.226x |
|
ECM Libra Financial Group Bhd
KLSE:2143
|
0.020x |
|
Daishin Balance 1
KQ:217270
|
0.006x |
|
Semacom Integrated Tbk PT
JK:SEMA
|
0.010x |
|
Tourn International AB
ST:TOURN
|
-0.071x |
|
Green Ocean Corporation Bhd
KLSE:0074
|
0.002x |
Annual Cash Flow Conversion Efficiency for Fobi AI Inc (2018–2023)
The table below shows the annual cash flow conversion efficiency of Fobi AI Inc from 2018 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-06-30 | $2.57 Million | $-4.98 Million | -1.940x | -38.14% |
| 2022-06-30 | $6.33 Million | $-8.89 Million | -1.404x | -135.07% |
| 2021-06-30 | $10.70 Million | $-6.39 Million | -0.597x | -117.81% |
| 2020-06-30 | $-1.21 Million | $-4.06 Million | 3.355x | -73.42% |
| 2019-06-30 | $-294.78K | $-3.72 Million | 12.621x | +4.30% |
| 2018-06-30 | $-157.27K | $-1.90 Million | 12.100x | -- |