Astra Veda Corporation
Astra Veda Corporation focuses on inventing, accelerating, and promoting technical innovations, software applications, data security products, and encrypted communication services. It provides various development tools and delivery platforms, including its proprietary practices for partners enhancing and securing existing business platforms. The company was formerly known as WorldFlix, Inc. The c… Read more
Astra Veda Corporation (ASTA) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2024: 0.666x
Based on the latest financial reports, Astra Veda Corporation (ASTA) has a cash flow conversion efficiency ratio of 0.666x as of March 2024.
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 ($-1.00 Million) by net assets ($-1.51 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Astra Veda Corporation - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how Astra Veda Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Astra Veda Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Astra Veda Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Covista Communications Inc
PINK:CVST
|
-0.122x |
|
Bioelectronics Corp
PINK:BIEL
|
0.004x |
|
Il2m International Corp
PINK:ILIM
|
0.000x |
|
Maxx Sports TV Inc
PINK:AMXX
|
0.000x |
|
EQM Technologies & Energy Inc
PINK:EQTE
|
-4.056x |
|
Dragon Capital Grp
PINK:DRGV
|
-0.436x |
|
Stereo Vision Entertainment Inc
PINK:SVSN
|
0.032x |
|
Anything Tech Media
PINK:EXMT
|
0.006x |
Annual Cash Flow Conversion Efficiency for Astra Veda Corporation (2016–2023)
The table below shows the annual cash flow conversion efficiency of Astra Veda Corporation from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $-1.25 Million | $-2.27 Million | 1.824x | +100.51% |
| 2022-12-31 | $-624.42K | $-567.89K | 0.909x | +137.28% |
| 2021-12-31 | $-115.74K | $282.38K | -2.440x | -297.36% |
| 2020-12-31 | $-227.28K | $-280.97K | 1.236x | -23.65% |
| 2019-12-31 | $-349.48K | $-565.83K | 1.619x | +32.28% |
| 2018-12-31 | $-301.31K | $-368.80K | 1.224x | +316.01% |
| 2017-12-31 | $-799.20K | $-235.14K | 0.294x | -40.35% |
| 2016-12-31 | $-516.95 | $-254.97 | 0.493x | -- |