Cannlabs Inc
CannLabs, Inc. provides cannabis testing laboratory services in the United States. Its testing services include potency testing, residual solvent analysis, microbiological testing, pesticide testing, heavy metals testing, nutrient analysis, terpenes analysis, shelf-life/stability studies, gene expression testing, and genotyping/phenotyping testing. The company also offers data/analytics and consu… Read more
Cannlabs Inc (CANL) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2022: 0.140x
Based on the latest financial reports, Cannlabs Inc (CANL) has a cash flow conversion efficiency ratio of 0.140x 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 ($337.50K) by net assets ($2.40 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cannlabs Inc - Cash Flow Conversion Efficiency Trend (2009–2022)
This chart illustrates how Cannlabs 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.
Cannlabs Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Cannlabs Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
KAL Energy Inc
PINK:KALG
|
-0.034x |
|
Ijj Corporation
PINK:IJJP
|
0.012x |
|
ComF5 International Inc
PINK:CMFV
|
0.316x |
|
USCorp
PINK:USCS
|
0.116x |
|
Cal-Bay Intl Inc
PINK:CBYI
|
0.178x |
|
Capital Financial Gl
PINK:CFGX
|
0.020x |
|
Evolution Technology Resources Inc
PINK:ETKR
|
-0.345x |
|
FlexPower Inc
PINK:FLXP
|
0.017x |
Annual Cash Flow Conversion Efficiency for Cannlabs Inc (2009–2022)
The table below shows the annual cash flow conversion efficiency of Cannlabs Inc from 2009 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | $2.40 Million | $772.61K | 0.322x | +32.24% |
| 2021-12-31 | $2.19 Million | $533.39K | 0.243x | -18.24% |
| 2020-12-31 | $1.92 Million | $570.73K | 0.297x | +0.59% |
| 2019-12-31 | $1.86 Million | $550.62K | 0.296x | -61.69% |
| 2018-12-31 | $-1.63 Million | $-1.26 Million | 0.772x | 0.00% |
| 2017-12-31 | $-1.63 Million | $-1.26 Million | 0.772x | 0.00% |
| 2016-12-31 | $-1.63 Million | $-1.26 Million | 0.772x | 0.00% |
| 2014-12-31 | $-1.63 Million | $-1.26 Million | 0.772x | +258.13% |
| 2013-12-31 | $104.36K | $-50.94K | -0.488x | +98.22% |
| 2012-12-31 | $2.05K | $-56.19K | -27.356x | -6566.78% |
| 2011-12-31 | $29.83K | $-12.24K | -0.410x | +8.92% |
| 2010-12-31 | $66.78K | $-30.09K | -0.451x | -126.77% |
| 2009-12-31 | $71.51K | $-14.21K | -0.199x | -- |