Hitechpros Cash Flow Conversion Efficiency

Latest as of June 2023: 0.020x

Hitechpros cash flow conversion efficiency. Based on the latest financial reports, Hitechpros (ALHIT) has a cash flow conversion efficiency ratio of 0.020x as of June 2023. 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 (€90.75K ≈ $106.10K USD) by net assets (€4.62 Million ≈ $5.40 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Cash Flow Conversion Efficiency of Hitechpros (2003–2021)

Cash flow conversion efficiency of Hitechpros from 2003 to 2021. This chart illustrates how Hitechpros's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Hitechpros share price for real-time trading data and today's change.

Hitechpros Cash Flow Conversion Ratio Explained

Hitechpros cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

Hitechpros Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Hitechpros ranked by their cash flow conversion efficiency. Also see market value of Hitechpros for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Globalsat Worldcom TWO:3499	0.002x
Yw Company Limited KQ:051390	0.029x
Greenyield Bhd KLSE:0136	-0.008x
Multi Hanna Kreasindo Tbk Pt JK:MHKI	-0.176x
Retractable Technologies Inc NYSE MKT:RVP	-0.008x
Astral Asia Bhd KLSE:7054	0.003x
EL. D. Mouzakis S.A AT:MOYZK	0.002x
Kumbi Corporation KO:008870	0.059x

Annual Cash Flow Conversion Efficiency for Hitechpros (2003–2021)

The table below shows the annual cash flow conversion efficiency of Hitechpros from 2003 to 2021. Review ALHIT free cash flow to operating cash ratio to assess how much free cash flow the company generates relative to operating cash flow.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2021-12-31	€4.99 Million ≈ $5.83 Million	€84.26K ≈ $98.51K	0.017x	+12.27%
2020-12-31	€4.81 Million ≈ $5.62 Million	€72.33K ≈ $84.56K	0.015x	+13.93%
2019-12-31	€4.77 Million ≈ $5.58 Million	€63.02K ≈ $73.68K	0.013x	+26.86%
2016-12-31	€4.05 Million ≈ $4.74 Million	€42.20K ≈ $49.34K	0.010x	-14.78%
2015-12-31	€3.56 Million ≈ $4.16 Million	€43.53K ≈ $50.89K	0.012x	-93.73%
2010-12-31	€4.99 Million ≈ $5.83 Million	€972.10K ≈ $1.14 Million	0.195x	+85.80%
2009-12-31	€5.94 Million ≈ $6.95 Million	€623.28K ≈ $728.68K	0.105x	-1.15%
2008-12-31	€5.94 Million ≈ $6.95 Million	€630.40K ≈ $737.01K	0.106x	-59.16%
2007-12-31	€5.57 Million ≈ $6.51 Million	€1.45 Million ≈ $1.69 Million	0.260x	+61.04%
2006-12-31	€4.72 Million ≈ $5.52 Million	€762.00K ≈ $890.86K	0.161x	-72.30%
2005-12-31	€852.00K ≈ $996.08K	€496.00K ≈ $579.88K	0.582x	-1.78%
2004-12-31	€658.00K ≈ $769.27K	€390.00K ≈ $455.95K	0.593x	-20.55%
2003-12-31	€441.00K ≈ $515.58K	€329.00K ≈ $384.64K	0.746x	--

About Hitechpros

PA:ALHIT France Information Technology Services

Market Cap

$20.87 Million

€17.85 Million EUR

Market Cap Rank

#24817 Global

#399 in France

Share Price

€10.90

Change (1 day)

-6.03%

52-Week Range

€10.90 - €15.70

All Time High

€17.70