Argo Blockchain PLC
Argo Blockchain plc, together with its subsidiaries, engages in the bitcoin and other cryptocurrencies mining activities. The company was formerly known as GoSun Blockchain Limited and changed its name to Argo Blockchain plc in December 2017. Argo Blockchain plc was incorporated in 2017 and is based in London, the United Kingdom.
Argo Blockchain PLC (ARBKF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2025: 0.134x
Based on the latest financial reports, Argo Blockchain PLC (ARBKF) has a cash flow conversion efficiency ratio of 0.134x as of June 2025.
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 ($-3.69 Million) by net assets ($-27.50 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Argo Blockchain PLC - Cash Flow Conversion Efficiency Trend (2018–2024)
This chart illustrates how Argo Blockchain PLC's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Argo Blockchain PLC Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Argo Blockchain PLC ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
VULCAN MATERIALS - Dusseldorf Stock Exchang
DU:VMC
|
0.075x |
|
SONOVA HLDG N - Dusseldorf Stock Exchang
DU:PHBN
|
N/A |
|
Armory Mining Corp.
PINK:RMRYF
|
-0.144x |
|
Interactive Strength Inc. Common Stock
NASDAQ:TRNR
|
-0.139x |
|
Globalink Investment Inc
NASDAQ:GLLI
|
-0.010x |
|
ACRUX Ltd
AU:ACR
|
-3.930x |
|
Tokyo Electron Limited
MU:TKY
|
N/A |
|
SCL_S.C.L. MOTOR PART
BK:SCL
|
-0.033x |
Annual Cash Flow Conversion Efficiency for Argo Blockchain PLC (2018–2024)
The table below shows the annual cash flow conversion efficiency of Argo Blockchain PLC from 2018 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $-29.48 Million | $-44.80 Million | 1.519x | -93.73% |
| 2023-12-31 | $158.00K | $3.83 Million | 24.247x | +688.66% |
| 2022-12-31 | $24.58 Million | $-101.24 Million | -4.119x | -2929.50% |
| 2021-12-31 | $272.27 Million | $-37.02 Million | -0.136x | -231.25% |
| 2020-12-31 | $33.15 Million | $3.43 Million | 0.104x | +473.39% |
| 2019-12-31 | $27.19 Million | $-754.34K | -0.028x | +85.50% |
| 2018-12-31 | $27.19 Million | $-5.20 Million | -0.191x | -- |