Cryomass Technologies Inc
Cryomass Technologies Inc., together with its subsidiaries, develops and licenses equipment to refine harvested cannabis, hemp, and other premium crops in the United States. It offers CryoSift Separator, which capture intact cannabis and hemp trichomes. The company was formerly known as Andina Gold Corp. and changed its name to Cryomass Technologies Inc. in August 2021. Cryomass Technologies Inc.… Read more
Cryomass Technologies Inc (CRYM) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 0.030x
Based on the latest financial reports, Cryomass Technologies Inc (CRYM) has a cash flow conversion efficiency ratio of 0.030x as of September 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 ($-285.54K) by net assets ($-9.44 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cryomass Technologies Inc - Cash Flow Conversion Efficiency Trend (2017–2023)
This chart illustrates how Cryomass 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.
Cryomass Technologies Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Cryomass Technologies Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Finnovate Acquisition Corp. Warrants
NASDAQ:FNVTW
|
-0.011x |
|
Bee Vectoring Technologies International Inc
PINK:BEVVF
|
-0.012x |
|
Ggumbi Inc.
KO:407400
|
N/A |
|
ALOS3F
SA:ALOS3F
|
N/A |
|
DongBang Medical
KQ:240550
|
N/A |
|
Manhattan Scients
PINK:MHTX
|
0.007x |
|
Shinhan WTI Futures ETN(H)
KO:500015
|
N/A |
|
NORDIC AMER TANKER
MU:B3O
|
0.062x |
Annual Cash Flow Conversion Efficiency for Cryomass Technologies Inc (2017–2023)
The table below shows the annual cash flow conversion efficiency of Cryomass Technologies Inc from 2017 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $-5.85 Million | $-3.80 Million | 0.651x | +162.43% |
| 2022-12-31 | $4.57 Million | $-4.77 Million | -1.042x | -151.64% |
| 2021-12-31 | $13.52 Million | $-5.60 Million | -0.414x | +60.18% |
| 2020-12-31 | $3.61 Million | $-3.75 Million | -1.040x | -695.64% |
| 2019-12-31 | $13.73 Million | $-1.80 Million | -0.131x | +82.82% |
| 2018-12-31 | $646.53K | $-491.80K | -0.761x | -137342.47% |
| 2017-12-31 | $-177.07K | $98.00 | -0.001x | -- |