CEN Biotech Inc
CEN Biotech, Inc. focuses on the manufacture, production, and development of light emitting diode lighting technology and hemp-based products. It intends to cultivate hemp for usage in industrial, medical, and food products; and to provide digital marketing and web design related services. The company was incorporated in 2013 and is based in Windsor, Canada.
CEN Biotech Inc (CENBF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2023: -0.171x
Based on the latest financial reports, CEN Biotech Inc (CENBF) has a cash flow conversion efficiency ratio of -0.171x as of September 2023.
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 ($432.12K) by net assets ($-2.53 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
CEN Biotech Inc - Cash Flow Conversion Efficiency Trend (2014–2022)
This chart illustrates how CEN Biotech 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.
CEN Biotech Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of CEN Biotech Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Lapidoth-Heletz Limited Partnership
TA:LPHL-L
|
-0.001x |
|
New Providence Acquisition Corp. III Warrants
NASDAQ:NPACW
|
N/A |
|
Amigo Holdings PLC
LSE:AMGO
|
N/A |
|
Prestwick Capital Corporation Limited
V:PWIK-P
|
N/A |
|
Works co uk PLC
LSE:WRKS
|
1.780x |
|
Abadi Lestari Indonesia Tbk
JK:RLCO
|
N/A |
|
Zefiro Methane Corp.
NEO:ZEFI
|
N/A |
|
Pricer AB
STU:PRRB
|
0.089x |
Annual Cash Flow Conversion Efficiency for CEN Biotech Inc (2014–2022)
The table below shows the annual cash flow conversion efficiency of CEN Biotech Inc from 2014 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | $-2.29 Million | $-335.50K | 0.146x | -27.64% |
| 2021-12-31 | $-1.66 Million | $-335.50K | 0.202x | +493.31% |
| 2020-12-31 | $-9.99 Million | $-340.75K | 0.034x | +0.17% |
| 2019-12-31 | $-25.54 Million | $-869.35K | 0.034x | -58.01% |
| 2018-12-31 | $-21.26 Million | $-1.72 Million | 0.081x | -29.17% |
| 2017-12-31 | $-19.01 Million | $-2.18 Million | 0.114x | +124.55% |
| 2016-12-31 | $-13.38 Million | $-682.15K | 0.051x | +12.23% |
| 2015-12-31 | $-5.81 Million | $-263.82K | 0.045x | -95.22% |
| 2014-12-31 | $-3.40 Million | $-3.23 Million | 0.950x | -- |