Coretec Group Inc
The Coretec Group Inc. engages in the development of silicon anode active materials for lithium-ion batteries and cyclohexasilane for electric vehicles, cleantech, and tech applications. The company was founded in 2002 and is headquartered in Ann Arbor, Michigan.
Coretec Group Inc (CRTG) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 0.486x
Based on the latest financial reports, Coretec Group Inc (CRTG) has a cash flow conversion efficiency ratio of 0.486x 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 ($-312.45K) by net assets ($-642.95K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Coretec Group Inc - Cash Flow Conversion Efficiency Trend (2004–2023)
This chart illustrates how Coretec 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.
Coretec Group Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Coretec Group Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
CMC Markets PLC
LSE:CMCX
|
-0.026x |
|
Shinsegae Engineering & Construction Co. Ltd.
KQ:034300
|
N/A |
|
TKOLF
PINK:TKOLF
|
N/A |
|
CFI-Compagnie Foncière Internationale
PA:CFI
|
0.135x |
|
FCRTX
NMFQS:FCRTX
|
N/A |
|
First Republic Bank
PINK:FRCB
|
0.001x |
|
VERTEX INC. A -001
F:56X
|
N/A |
|
J.M. (JMM.SG)
STU:JMM
|
0.070x |
Annual Cash Flow Conversion Efficiency for Coretec Group Inc (2004–2023)
The table below shows the annual cash flow conversion efficiency of Coretec Group Inc from 2004 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $110.14K | $-1.82 Million | -16.515x | -1533.08% |
| 2022-12-31 | $1.83 Million | $-1.85 Million | -1.011x | -250.70% |
| 2021-12-31 | $3.86 Million | $-1.11 Million | -0.288x | +84.29% |
| 2020-12-31 | $736.96K | $-1.35 Million | -1.836x | -103.96% |
| 2019-12-31 | $680.47K | $-612.46K | -0.900x | -306.79% |
| 2018-12-31 | $-1.46 Million | $-635.16K | 0.435x | -70.84% |
| 2017-12-31 | $-559.27K | $-834.83K | 1.493x | +101.03% |
| 2016-12-31 | $3.96K | $-572.80K | -144.501x | -135867.15% |
| 2015-12-31 | $-1.34 Million | $-142.49K | 0.106x | -84.46% |
| 2014-12-31 | $-949.83K | $-650.41K | 0.685x | -13.90% |
| 2013-12-31 | $-1.34 Million | $-1.06 Million | 0.795x | -14.00% |
| 2012-12-31 | $-1.47 Million | $-1.36 Million | 0.925x | +3.07% |
| 2011-12-31 | $-1.25 Million | $-1.12 Million | 0.897x | +185.47% |
| 2010-12-31 | $-1.63 Million | $-511.13K | 0.314x | +4.34% |
| 2009-12-31 | $-1.79 Million | $-539.88K | 0.301x | -65.05% |
| 2008-12-31 | $-2.21 Million | $-1.91 Million | 0.862x | -67.66% |
| 2007-12-31 | $-921.20K | $-2.45 Million | 2.665x | +74.99% |
| 2006-12-31 | $-880.00K | $-1.34 Million | 1.523x | +26.35% |
| 2005-12-31 | $-390.00K | $-470.00K | 1.205x | +218.50% |
| 2004-12-31 | $-370.00K | $-140.00K | 0.378x | -- |