Avicanna Inc
Avicanna Inc., a commercial-stage biopharmaceutical company, engages in the research, development, advancement, and commercialization of evidence-based cannabinoid-based products and formulations for consumer, medical, and pharmaceutical markets in Canada and internationally. It provides medical cannabis formulary products, including oral, sublingual, topical, and transdermal deliveries with vari… Read more
Avicanna Inc (AVCNF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.072x
Based on the latest financial reports, Avicanna Inc (AVCNF) has a cash flow conversion efficiency ratio of -0.072x as of September 2025.
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 ($-842.52K) by net assets ($11.70 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Avicanna Inc - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Avicanna 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.
Avicanna Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Avicanna Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Monami
KO:005360
|
0.010x |
|
Llorente & Cuenca S.A.
MC:LLYC
|
0.283x |
|
HCL Infosystems Limited
NSE:HCL-INSYS
|
-0.001x |
|
Dongbang Agro
KO:007590
|
0.011x |
|
Coliseum Acquisition Corp. Class A Ordinary Share
NASDAQ:MITA
|
N/A |
|
Wanted Lab Inc.
KQ:376980
|
0.017x |
|
Bitmine Immersion Technologies Inc
PINK:BMNR
|
-0.084x |
|
GUILD ESPORTS PLC LS-001
F:GU0
|
N/A |
Annual Cash Flow Conversion Efficiency for Avicanna Inc (2016–2024)
The table below shows the annual cash flow conversion efficiency of Avicanna Inc from 2016 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $9.74 Million | $-2.55 Million | -0.261x | -48.44% |
| 2023-12-31 | $7.97 Million | $-1.40 Million | -0.176x | +91.81% |
| 2022-12-31 | $3.46 Million | $-7.44 Million | -2.150x | -27.33% |
| 2021-12-31 | $6.91 Million | $-11.66 Million | -1.688x | -68.10% |
| 2020-12-31 | $13.91 Million | $-13.97 Million | -1.004x | -68.85% |
| 2019-12-31 | $29.88 Million | $-17.77 Million | -0.595x | -214.41% |
| 2018-12-31 | $26.38 Million | $-4.99 Million | -0.189x | +92.54% |
| 2017-12-31 | $841.07K | $-2.13 Million | -2.537x | -133.91% |
| 2016-12-31 | $-29.76K | $-222.62K | 7.480x | -- |