Volatus Aerospace Corp
Volatus Aerospace Corp. provides integrated drone solutions for commercial and defense markets in Canada, the United States, and the United Kingdom. The company offers drone services, aerial surveillance, cargo solutions, confined space inspection, drone lidar inspection, drone inspection, and wildfire services. It also operates Aerieport drone nesting station, as well as engages in equipment fin… Read more
Volatus Aerospace Corp (VLTTF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 0.362x
Based on the latest financial reports, Volatus Aerospace Corp (VLTTF) has a cash flow conversion efficiency ratio of 0.362x 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 ($-734.47K) by net assets ($-2.03 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Volatus Aerospace Corp - Cash Flow Conversion Efficiency Trend (2019–2023)
This chart illustrates how Volatus Aerospace 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.
Volatus Aerospace Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Volatus Aerospace Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Vertice Bhd
KLSE:7240
|
-0.049x |
|
Harvest Technology Group Ltd
AU:HTG
|
0.190x |
|
SPINEGUARD EO -05
F:6W5
|
N/A |
|
Ari Real Estate Arena Investment Ltd
TA:ARIN
|
0.017x |
|
APPlife Digital Solutions Inc
OTCQB:ALDS
|
0.299x |
|
Fundo de Investimento Imobiliário Trade Center
SA:FTCE11
|
N/A |
|
Hotel Sahid Jaya Tbk
JK:SHID
|
-0.024x |
|
EQUITY GROUP HOLDINGS LTD
RSE:EQTY
|
N/A |
Annual Cash Flow Conversion Efficiency for Volatus Aerospace Corp (2019–2023)
The table below shows the annual cash flow conversion efficiency of Volatus Aerospace Corp from 2019 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $2.54 Million | $-1.65 Million | -0.651x | -29.90% |
| 2022-12-31 | $14.20 Million | $-7.11 Million | -0.501x | -385.98% |
| 2021-12-31 | $15.26 Million | $-1.57 Million | -0.103x | -465.06% |
| 2020-12-31 | $5.32 Million | $-96.98K | -0.018x | -- |
| 2019-12-31 | $0.00 | $0.00 | x | -- |