ABCO Energy Inc
ABCO Energy, Inc., together with its subsidiaries, operates as an electrical product and services supplier in the United States. The company sells and installs solar photovoltaic electric systems that allow customers to produce power on their residence or business property. It also sells and installs energy efficient lighting products, solar powered streetlights, and lighting accessories to resid… Read more
ABCO Energy Inc (ABCE) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2023: -0.188x
Based on the latest financial reports, ABCO Energy Inc (ABCE) has a cash flow conversion efficiency ratio of -0.188x as of March 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 ($311.46K) by net assets ($-1.66 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
ABCO Energy Inc - Cash Flow Conversion Efficiency Trend (2013–2022)
This chart illustrates how ABCO Energy 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.
ABCO Energy Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of ABCO Energy Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
MICROPORT SCIEN
BE:MSK
|
N/A |
|
Edita Food Industries Company (S.A.E)
LSE:EFID
|
0.060x |
|
AFRICA OIL
MU:AFZ
|
-0.019x |
|
GPSAF
PINK:GPSAF
|
N/A |
|
Red Tiger Mining Inc
PINK:RDTMF
|
0.041x |
|
Mincon Group P
LSE:MCON
|
0.019x |
|
Pengana Global Private Credit Trust
AU:PCX
|
N/A |
|
DEEP YELLOW (JMI.SG)
STU:JMI
|
-0.001x |
Annual Cash Flow Conversion Efficiency for ABCO Energy Inc (2013–2022)
The table below shows the annual cash flow conversion efficiency of ABCO Energy Inc from 2013 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | $-1.66 Million | $5.49K | -0.003x | -100.81% |
| 2021-12-31 | $-1.50 Million | $-612.95K | 0.408x | +865.76% |
| 2020-12-31 | $-1.58 Million | $-66.86K | 0.042x | -90.52% |
| 2019-12-31 | $-1.49 Million | $-664.84K | 0.445x | -5.45% |
| 2018-12-31 | $-737.88K | $-347.32K | 0.471x | +209.84% |
| 2017-12-31 | $-1.10 Million | $-167.74K | 0.152x | -92.51% |
| 2016-12-31 | $-889.43K | $-1.80 Million | 2.027x | +19.50% |
| 2015-12-31 | $-158.81K | $-269.45K | 1.697x | -28.06% |
| 2014-12-31 | $-190.65K | $-449.66K | 2.359x | +163.96% |
| 2013-12-31 | $97.45K | $-359.38K | -3.688x | -- |