Splitit Payments Ltd
Splitit Payments Ltd, together with its subsidiaries, provides payment solution services in North America, the United Kingdom, Europe, and Australia. Its solution enables customers to pay for instalments with an existing credit with no applications, redirects or loans. Splitit Payments Ltd was incorporated in 2008 and is headquartered in Atlanta, Georgia.
Splitit Payments Ltd (STTTF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2022: -0.274x
Based on the latest financial reports, Splitit Payments Ltd (STTTF) has a cash flow conversion efficiency ratio of -0.274x as of December 2022.
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 ($-7.26 Million) by net assets ($26.49 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Splitit Payments Ltd - Cash Flow Conversion Efficiency Trend (2016–2022)
This chart illustrates how Splitit Payments Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Splitit Payments Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Splitit Payments Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Jain Resource Recycling Limited
NSE:JAINREC
|
N/A |
|
AltynGold plc
LSE:ALTN
|
0.201x |
|
HOPIUM S.A. EO-01
F:05B
|
N/A |
|
Boratr Co. Ltd.
KO:250000
|
0.013x |
|
Auston Capital Corp
V:ASTN-P
|
30.731x |
|
LOFT11B
SA:LOFT11B
|
N/A |
|
Telink Semiconductor (Shanghai) Co Ltd Ordinary Shares - Class A
SHG:688591
|
N/A |
|
KERNEL HLDG
BE:0KE
|
0.044x |
Annual Cash Flow Conversion Efficiency for Splitit Payments Ltd (2016–2022)
The table below shows the annual cash flow conversion efficiency of Splitit Payments Ltd from 2016 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | $26.49 Million | $-8.24 Million | -0.311x | +76.74% |
| 2021-12-31 | $39.19 Million | $-52.41 Million | -1.337x | -98.64% |
| 2020-12-31 | $93.70 Million | $-63.08 Million | -0.673x | +6.93% |
| 2019-12-31 | $23.36 Million | $-16.90 Million | -0.723x | -383.01% |
| 2018-12-31 | $-13.11 Million | $-3.35 Million | 0.256x | -3.52% |
| 2017-12-31 | $-8.85 Million | $-2.34 Million | 0.265x | -25.41% |
| 2016-12-31 | $-5.78 Million | $-2.05 Million | 0.355x | -- |