Converge Technology Solutions Corp
Converge Technology Solutions Corp. provides software-enabled IT and cloud solutions. Its products and services include advanced analytics, artificial intelligence (AI), application modernization, cloud platforms, cybersecurity, digital infrastructure, and digital workplace offerings. The company also provides managed services and talent services and sells hardware and software products and solut… Read more
Converge Technology Solutions Corp (CTSDF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2024: 0.159x
Based on the latest financial reports, Converge Technology Solutions Corp (CTSDF) has a cash flow conversion efficiency ratio of 0.159x 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 ($56.97 Million) by net assets ($358.74 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Converge Technology Solutions Corp - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Converge Technology Solutions 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.
Converge Technology Solutions Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Converge Technology Solutions Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Unilumin Group Co Ltd
SHE:300232
|
0.034x |
|
COURSERA INC. DL -00001
F:90E
|
N/A |
|
Thurgauer Kantonalbank
SW:TKBP
|
-0.323x |
|
Xuzhou Handler Special Vehicle Co Ltd
SHE:300201
|
0.029x |
|
PHARVARIS N.V. EO -12
F:9EN
|
N/A |
|
Barings BDC Inc
NYSE:BBDC
|
0.014x |
|
BANGCHAK CORP. -FGN- BA 1
F:7BP
|
N/A |
|
TXC Corp
TW:3042
|
0.054x |
Annual Cash Flow Conversion Efficiency for Converge Technology Solutions Corp (2016–2024)
The table below shows the annual cash flow conversion efficiency of Converge Technology Solutions Corp from 2016 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $358.74 Million | $269.38 Million | 0.751x | +100.26% |
| 2023-12-31 | $612.15 Million | $229.54 Million | 0.375x | +468.79% |
| 2022-12-31 | $630.81 Million | $41.59 Million | 0.066x | -50.87% |
| 2021-12-31 | $648.83 Million | $87.06 Million | 0.134x | -73.54% |
| 2020-12-31 | $101.75 Million | $51.60 Million | 0.507x | +120.67% |
| 2019-12-31 | $-9.88 Million | $24.23 Million | -2.453x | -934.56% |
| 2018-12-31 | $-4.50 Million | $1.07 Million | -0.237x | +82.74% |
| 2017-12-31 | $-4.21 Million | $5.79 Million | -1.374x | +93.57% |
| 2016-12-31 | $-271.00K | $5.79 Million | -21.358x | -- |