Wellfield Technologies Inc.
Wellfield Technologies Inc., together with its subsidiaries, engages in the development of blockchain and decentralized financial services for institutions and consumers. The company operates platforms that provides users to buy and sell cryptocurrencies. It offers its products under the Coinmama, Wellfield Capital, and Wellfield Gold brands. Wellfield Technologies Inc. was incorporated in 2021 a… Read more
Wellfield Technologies Inc. (WFLDF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2024: 0.208x
Based on the latest financial reports, Wellfield Technologies Inc. (WFLDF) has a cash flow conversion efficiency ratio of 0.208x as of December 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 ($-1.61 Million) by net assets ($-7.72 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Wellfield Technologies Inc. - Cash Flow Conversion Efficiency Trend (2019–2023)
This chart illustrates how Wellfield 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.
Wellfield Technologies Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Wellfield Technologies Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Thua Thien Hue Construction Joint Stock Corp
VN:HUB
|
N/A |
|
EFXB31
SA:EFXB31
|
N/A |
|
Izolacja Jarocin SA
WAR:IZO
|
-0.020x |
|
General de Galerias Comerciales SOCIMI S.A.
MC:GGC
|
0.190x |
|
WILLIAMS-SONOMA
MU:WM1
|
0.133x |
|
Norris Industries Inc
OTCQB:NRIS
|
0.023x |
|
Edgewater Exploration Ltd
PINK:EDWZF
|
0.009x |
|
MUNIC SA EO -04
F:MNS
|
N/A |
Annual Cash Flow Conversion Efficiency for Wellfield Technologies Inc. (2019–2023)
The table below shows the annual cash flow conversion efficiency of Wellfield Technologies Inc. from 2019 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $-4.26 Million | $-3.74 Million | 0.880x | +221.79% |
| 2022-12-31 | $17.78 Million | $-12.84 Million | -0.722x | -510.44% |
| 2021-12-31 | $41.78 Million | $-4.94 Million | -0.118x | -288.32% |
| 2020-12-31 | $-1.10 Million | $-69.20K | 0.063x | -92.47% |
| 2019-12-31 | $-986.02K | $-822.78K | 0.834x | -- |