Vivic Corp
Vivic Corp. engages in the distribution of yachts under the Monte Fino and VIVIC brands in internationally. It also provides marine tourism, development of electric powered yachts, operation of yacht marinas, and yacht rental services. The company was incorporated in 2017 and is headquartered in Las Vegas, Nevada.
Vivic Corp (VIVC) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 0.119x
Based on the latest financial reports, Vivic Corp (VIVC) has a cash flow conversion efficiency ratio of 0.119x 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 ($307.61K) by net assets ($2.59 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Vivic Corp - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how Vivic 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.
Vivic Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Vivic Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
NexPoint Hospitality Trust
V:NHT-U
|
-0.173x |
|
Hagag Europe Development ZF Ltd
TA:HGGE
|
-0.086x |
|
Silynxcom Ltd.
NYSE MKT:SYNX
|
-0.329x |
|
Krebs Biochemicals and Industries Limited
NSE:KREBSBIO
|
0.010x |
|
TOR Minerals International Inc
PINK:TORM
|
0.004x |
|
OLB Group Inc
NASDAQ:OLB
|
-0.022x |
|
Generation Gold Corp.
V:GEN
|
N/A |
|
CASI Pharmaceuticals Inc
NASDAQ:CASI
|
0.029x |
Annual Cash Flow Conversion Efficiency for Vivic Corp (2016–2023)
The table below shows the annual cash flow conversion efficiency of Vivic Corp from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $1.55 Million | $-207.94K | -0.134x | -4247.19% |
| 2022-12-31 | $-1.04 Million | $3.19K | -0.003x | -100.03% |
| 2021-12-31 | $-97.39K | $-967.22K | 9.931x | +209.43% |
| 2020-12-31 | $148.01K | $-1.34 Million | -9.076x | -1765.79% |
| 2018-12-31 | $63.39K | $34.53K | 0.545x | +127.55% |
| 2017-12-31 | $8.83K | $-17.46K | -1.977x | +61.18% |
| 2016-12-31 | $2.54K | $-12.95K | -5.094x | -- |