GameOn Entertainment Technologies Inc
GameOn Entertainment Technologies Inc. operates as a next-generation fantasy sports technology company. It is involved in set-up and licensing, grants, software development, and sponsorship activities. The company was formerly known as V2 Games Inc. and changed its name to GameOn Entertainment Technologies Inc. in January 2021. GameOn Entertainment Technologies Inc. was incorporated in 2010 and i… Read more
GameOn Entertainment Technologies Inc (GMETF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 0.022x
Based on the latest financial reports, GameOn Entertainment Technologies Inc (GMETF) has a cash flow conversion efficiency ratio of 0.022x as of June 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 ($37.36K) by net assets ($1.69 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
GameOn Entertainment Technologies Inc - Cash Flow Conversion Efficiency Trend (2020–2023)
This chart illustrates how GameOn Entertainment Technologies 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.
GameOn Entertainment Technologies Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of GameOn Entertainment Technologies Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Newbury Pharmaceuticals AB
ST:NEWBRY
|
-0.183x |
|
QQHG
NASDAQ:QQHG
|
N/A |
|
Nuvve Holding Corp
NASDAQ:NVVE
|
2.691x |
|
PANDORA (3P7.SG)
STU:3P7
|
0.336x |
|
MCCORMICK NON VTG
BE:MCX
|
0.030x |
|
Tarku Resources Ltd
OTCQB:TRKUF
|
0.001x |
|
Impex Ferro Tech Limited
NSE:IMPEXFERRO
|
0.001x |
|
Kiboko Gold Inc
V:KIB
|
0.325x |
Annual Cash Flow Conversion Efficiency for GameOn Entertainment Technologies Inc (2020–2023)
The table below shows the annual cash flow conversion efficiency of GameOn Entertainment Technologies Inc from 2020 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $925.17K | $-942.10K | -1.018x | -54.28% |
| 2022-12-31 | $3.29 Million | $-2.17 Million | -0.660x | +29.83% |
| 2021-12-31 | $5.74 Million | $-5.40 Million | -0.941x | -652.77% |
| 2020-12-31 | $4.00 Million | $-499.52K | -0.125x | -- |