Clubhouse Media Group Inc
Clubhouse Media Group, Inc. owns and creates a monetization platform worldwide. The company owns and operates HoneyDrip.com, a digital platform that allows creators to connect with fans and sell exclusive photo and video content. It also provides managed services, including custom content, influencer marketing, amplification, and other campaign management services. Clubhouse Media Group, Inc. is … Read more
Clubhouse Media Group Inc (CMGR) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 0.001x
Based on the latest financial reports, Clubhouse Media Group Inc (CMGR) has a cash flow conversion efficiency ratio of 0.001x 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 ($-10.59K) by net assets ($-9.42 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Clubhouse Media Group Inc - Cash Flow Conversion Efficiency Trend (2005–2023)
This chart illustrates how Clubhouse Media Group 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.
Clubhouse Media Group Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Clubhouse Media Group Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Alkame Holdings Inc
PINK:ALKM
|
-0.030x |
|
Fuse Medical Inc
PINK:FZMD
|
0.428x |
|
Impex Ferro Tech Limited
NSE:IMPEXFERRO
|
0.001x |
|
Ace Integrated Solutions Limited
NSE:ACEINTEG
|
0.005x |
|
The Ether Fund
OTCGREY:QETHF
|
N/A |
|
Taurus Gold Corp.
PINK:TARGF
|
0.039x |
|
Barakah Offshore Petroleum Bhd
KLSE:7251
|
0.017x |
|
Ludan Engineering Co. Ltd
TA:LUDN
|
0.216x |
Annual Cash Flow Conversion Efficiency for Clubhouse Media Group Inc (2005–2023)
The table below shows the annual cash flow conversion efficiency of Clubhouse Media Group Inc from 2005 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $-7.19 Million | $-581.14K | 0.081x | -67.83% |
| 2022-12-31 | $-7.68 Million | $-1.93 Million | 0.251x | -71.16% |
| 2021-12-31 | $-9.15 Million | $-7.97 Million | 0.871x | +3.25% |
| 2020-12-31 | $-2.33 Million | $-1.97 Million | 0.844x | +27.96% |
| 2019-12-31 | $-46.24K | $-30.49K | 0.659x | -- |
| 2018-12-31 | $-1.48K | $0.00 | 0.000x | -- |
| 2017-12-31 | $-492.00 | $860.77K | -1749.530x | -2805080.75% |
| 2016-12-31 | $-6.16 Million | $384.36K | -0.062x | -527.64% |
| 2015-12-31 | $-2.87 Million | $-41.90K | 0.015x | +107.33% |
| 2014-12-31 | $-2.40 Million | $478.20K | -0.199x | -167.90% |
| 2013-12-31 | $-1.99 Million | $148.06K | -0.074x | +91.63% |
| 2012-12-31 | $-1.21 Million | $1.07 Million | -0.887x | -103.97% |
| 2011-12-31 | $-5.16K | $-115.39K | 22.359x | +887.71% |
| 2010-12-31 | $202.08K | $457.45K | 2.264x | +246.75% |
| 2009-12-31 | $182.90K | $-282.13K | -1.543x | -505.57% |
| 2008-12-31 | $488.25K | $185.71K | 0.380x | -51.36% |
| 2007-12-31 | $509.00K | $398.00K | 0.782x | +147.69% |
| 2006-12-31 | $426.56K | $134.66K | 0.316x | -83.83% |
| 2005-12-31 | $235.31K | $459.30K | 1.952x | -- |