Altitude International Holdings Inc
Altitude International Holdings, Inc., through its subsidiaries, designs, develops, manufactures, and installs simulated altitude athletic equipment in the United States and internationally. The company also engages in the provision of training and education of tennis, golf, soccer, beach volleyball, and indoor volleyball programs for student-athletes. In addition, it offers Altitude Online, an o… Read more
Altitude International Holdings Inc (ALTD) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2022: -0.125x
Based on the latest financial reports, Altitude International Holdings Inc (ALTD) has a cash flow conversion efficiency ratio of -0.125x 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 ($-2.90 Million) by net assets ($23.12 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Altitude International Holdings Inc - Cash Flow Conversion Efficiency Trend (2015–2022)
This chart illustrates how Altitude International Holdings 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.
Altitude International Holdings Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Altitude International Holdings Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
LREN3F
SA:LREN3F
|
N/A |
|
Bone Therapeutics
LSE:0R55
|
0.059x |
|
Song Da 505 JSC
VN:S55
|
N/A |
|
CORONATION FD MANAG
BE:N8C
|
N/A |
|
UACJ Corp
OTCMKTS:UACJF
|
N/A |
|
Union Financial Corporation
PINK:UFCP
|
N/A |
|
REVEZ CORPORATION LTD.
F:7IQ
|
N/A |
|
Feat Fund Investments Limited Partnership
TA:FEAT
|
-0.047x |
Annual Cash Flow Conversion Efficiency for Altitude International Holdings Inc (2015–2022)
The table below shows the annual cash flow conversion efficiency of Altitude International Holdings Inc from 2015 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | $23.12 Million | $-3.45 Million | -0.149x | -142.56% |
| 2021-12-31 | $27.45 Million | $-1.69 Million | -0.062x | -116.10% |
| 2020-12-31 | $-2.35 Million | $-898.79K | 0.382x | -41.66% |
| 2019-12-31 | $-399.67K | $-262.04K | 0.656x | +78.97% |
| 2018-12-31 | $-506.02K | $-185.38K | 0.366x | -21.14% |
| 2017-12-31 | $-170.41K | $-79.16K | 0.465x | -53.48% |
| 2016-12-31 | $-92.07K | $-91.92K | 0.998x | +428.50% |
| 2015-12-31 | $81.41K | $-24.74K | -0.304x | -- |