Bantek Inc
Bantec, Inc. supplies spare and replacement parts to Federal Government agencies, U.S. military prime contractors, and commercial customers in the United States and internationally. The company also provides drones, drone accessories, accident reconstruction software, drone training, drone services, counter-drone technology, certificates of authorization, and waivers. In addition, it sells saniti… Read more
Bantek Inc (BANT) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 0.014x
Based on the latest financial reports, Bantek Inc (BANT) has a cash flow conversion efficiency ratio of 0.014x as of June 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 ($-253.78K) by net assets ($-18.76 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Bantek Inc - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how Bantek 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.
Bantek Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Bantek Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
HILINFRA
NSE:HILINFRA
|
N/A |
|
Organic Garage Ltd
PINK:OGGFF
|
0.012x |
|
GTC (G91.SG)
STU:G91
|
0.019x |
|
Kooth plc
LSE:KOO
|
-0.136x |
|
Rowad Tourism (Al Rowad)
EGX:ROTO
|
N/A |
|
Cora Gold Limited
LSE:CORA
|
-0.013x |
|
Penbar Capital Ltd.
V:EVI
|
N/A |
|
Seychelle Environmtl
PINK:SYEV
|
0.059x |
Annual Cash Flow Conversion Efficiency for Bantek Inc (2016–2023)
The table below shows the annual cash flow conversion efficiency of Bantek Inc from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-09-30 | $-16.79 Million | $-639.39K | 0.038x | -63.19% |
| 2022-09-30 | $-15.89 Million | $-1.64 Million | 0.103x | -2.92% |
| 2021-09-30 | $-14.80 Million | $-1.58 Million | 0.107x | +289.45% |
| 2020-09-30 | $-17.94 Million | $-491.00K | 0.027x | -63.13% |
| 2019-09-30 | $-14.90 Million | $-1.11 Million | 0.074x | -14.46% |
| 2018-09-30 | $-9.16 Million | $-794.37K | 0.087x | +16.14% |
| 2017-09-30 | $-6.41 Million | $-478.77K | 0.075x | -94.78% |
| 2016-09-30 | $-739.47K | $-1.06 Million | 1.432x | -- |