Astika Holdings
Astika Holdings, Inc. does not have significant operations. The company focuses on various strategic acquisitions in the textile, service, agriculture, and industrial sectors in Asia and New Zealand. Previously, it operated in the music industry. The company was founded in 2011 and is based in Auckland, New Zealand. Astika Holdings, Inc. is a subsidiary of IQ Acquisition (NY) Ltd.
Astika Holdings (ASKH) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2019: 0.542x
Based on the latest financial reports, Astika Holdings (ASKH) has a cash flow conversion efficiency ratio of 0.542x as of September 2019.
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 ($-113.51K) by net assets ($-209.28K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Astika Holdings - Cash Flow Conversion Efficiency Trend (2012–2023)
This chart illustrates how Astika Holdings's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Astika Holdings Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Astika Holdings ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
PLANTING HOPE COMPANY
F:J94
|
N/A |
|
Konared Corporation
PINK:KRED
|
0.155x |
|
Jubilee Platinum
LSE:JLP
|
-0.005x |
|
Horus AG
STU:HRU
|
N/A |
|
Camellia Plc
LSE:CAM
|
-0.059x |
|
CBEE3F
SA:CBEE3F
|
N/A |
|
Premium Textile Mills Ltd
KAR:PRET
|
N/A |
|
Phaos Technology Holdings (Cayman) Limited
NYSE MKT:POAS
|
N/A |
Annual Cash Flow Conversion Efficiency for Astika Holdings (2012–2023)
The table below shows the annual cash flow conversion efficiency of Astika Holdings from 2012 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $92.25 Million | $4.14 Million | 0.045x | +111.71% |
| 2018-12-31 | $-82.62K | $31.69K | -0.384x | -1605.54% |
| 2017-12-31 | $-122.53K | $-3.12K | 0.025x | +185.54% |
| 2016-12-31 | $-141.10K | $4.20K | -0.030x | -105.73% |
| 2015-12-31 | $-41.31K | $-21.47K | 0.520x | -88.94% |
| 2014-12-31 | $-41.31K | $-194.04K | 4.698x | +101.16% |
| 2013-12-31 | $186.00 | $-75.19K | -404.258x | -74078.93% |
| 2012-12-31 | $66.43K | $-36.20K | -0.545x | -- |