Concorde Gaming Corporation
Concorde Gaming Corporation, through its wholly owned subsidiaries, owns and operates casinos. It operates Golden Gates Casino and Golden Gulch Casino in Black Hawk, Colorado; and Casino Princesa, an offshore gaming vessel in Miami, Florida. The Golden Gates Casino offers blackjack tables and gaming machines. In addition, it provides liquor bar and nightly valet parking. Golden Gulch Casino offer… Read more
Concorde Gaming Corporation (CGAM) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2003: 0.429x
Based on the latest financial reports, Concorde Gaming Corporation (CGAM) has a cash flow conversion efficiency ratio of 0.429x as of December 2003.
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 ($-359.08K) by net assets ($-837.61K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Concorde Gaming Corporation - Cash Flow Conversion Efficiency Trend (1997–2003)
This chart illustrates how Concorde Gaming 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.
Concorde Gaming Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Concorde Gaming Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Carefree Group Inc
PINK:CRFU
|
N/A |
|
T.W. Christian Inc
PINK:TWCI
|
0.071x |
|
Supernova Energy Inc
PINK:SPRN
|
0.000x |
|
New World Gold Cp
PINK:NWGC
|
-0.001x |
|
Medical Connections Holdings Inc
OTCGREY:MCTH
|
3.456x |
|
China Clean Energy
PINK:CCGY
|
0.032x |
|
Signature Devices
PINK:SDVI
|
-0.007x |
|
Strattner Financial Group Corp
PINK:SCNG
|
-0.013x |
Annual Cash Flow Conversion Efficiency for Concorde Gaming Corporation (1997–2003)
The table below shows the annual cash flow conversion efficiency of Concorde Gaming Corporation from 1997 to 2003.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2003-09-30 | $516.67K | $2.30 Million | 4.447x | +277.23% |
| 2002-09-30 | $1.45 Million | $1.70 Million | 1.179x | +282.93% |
| 2001-09-30 | $-2.68 Million | $1.73 Million | -0.644x | -590.44% |
| 2000-09-30 | $-1.71 Million | $-224.64K | 0.131x | +129.04% |
| 1999-09-30 | $1.98 Million | $-897.71K | -0.452x | -62.30% |
| 1998-09-30 | $2.92 Million | $-813.55K | -0.279x | -1.55% |
| 1997-09-30 | $5.24 Million | $-1.44 Million | -0.274x | -- |