Cardax Inc
Cardax, Inc., a biopharmaceutical company, develops and commercializes dietary supplements for inflammatory health and pharmaceuticals for chronic diseases driven by inflammation and oxidative stress. It offers ZanthoSyn, an inflammatory supplement for health and longevity that provides astaxanthin with enhanced absorption and purity. The company sells ZanthoSyn primarily through e-commerce and w… Read more
Cardax Inc (CDXI) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2021: 0.030x
Based on the latest financial reports, Cardax Inc (CDXI) has a cash flow conversion efficiency ratio of 0.030x as of March 2021.
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 ($-337.11K) by net assets ($-11.35 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cardax Inc - Cash Flow Conversion Efficiency Trend (2011–2020)
This chart illustrates how Cardax 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.
Cardax Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Cardax Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Araneta Properties Inc
PSE:ARA
|
-0.008x |
|
Caduceus Software Systems Corp
PINK:CSOC
|
0.104x |
|
Alternaturals Inc
PINK:ANAS
|
-0.001x |
|
British Smaller Companies Vct 2 Plc
LSE:BSC
|
-0.007x |
|
City and Land Developers Inc
PSE:LAND
|
0.039x |
|
Humble Energy Inc
PINK:HUML
|
0.123x |
|
O.A.T. Inc
PINK:OATN
|
-7.619x |
|
China Intel Info Sys
PINK:IICN
|
0.015x |
Annual Cash Flow Conversion Efficiency for Cardax Inc (2011–2020)
The table below shows the annual cash flow conversion efficiency of Cardax Inc from 2011 to 2020.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2020-12-31 | $-10.20 Million | $-1.79 Million | 0.176x | -64.10% |
| 2019-12-31 | $-7.20 Million | $-3.52 Million | 0.489x | -45.94% |
| 2018-12-31 | $-3.54 Million | $-3.20 Million | 0.905x | -38.85% |
| 2017-12-31 | $-1.41 Million | $-2.08 Million | 1.480x | +357.68% |
| 2016-12-31 | $-3.89 Million | $-1.26 Million | 0.323x | -19.52% |
| 2015-12-31 | $-3.75 Million | $-1.51 Million | 0.402x | -77.32% |
| 2014-12-31 | $-3.21 Million | $-5.70 Million | 1.772x | +455.26% |
| 2013-12-31 | $-12.94 Million | $-4.13 Million | 0.319x | -90.17% |
| 2012-12-31 | $-8.90K | $-28.89K | 3.247x | +1298.83% |
| 2011-12-31 | $56.26K | $-15.24K | -0.271x | -- |