Certive Solutions Inc
Certive Solutions Inc. provides revenue cycle consultative services and solutions in the United States. It offers healthcare revenue cycle management services and management solutions. It is also involved in the selling and servicing a cybersecurity suite of products to the healthcare industry. The company was formerly known as Visual Vault Corporation and changed its name to Certive Solutions In… Read more
Certive Solutions Inc (CTVEF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of February 2024: 0.001x
Based on the latest financial reports, Certive Solutions Inc (CTVEF) has a cash flow conversion efficiency ratio of 0.001x as of February 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 ($-13.19K) by net assets ($-11.88 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Certive Solutions Inc - Cash Flow Conversion Efficiency Trend (2011–2023)
This chart illustrates how Certive Solutions 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.
Certive Solutions Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Certive Solutions Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Arcus Development Group Inc
PINK:ARCUF
|
0.000x |
|
DAI NIPPON PRINTING - Dusseldorf Stock Exchang
DU:DNP
|
N/A |
|
IMMERSION G. S.A. ZY 10
F:73W
|
N/A |
|
Innity Corporation Bhd
KLSE:0147
|
-0.154x |
|
JAPAN AIRLINES
BE:JAL
|
0.096x |
|
Grupa Recykl SA
WAR:GRC
|
0.068x |
|
Volution Group plc
LSE:FAN
|
0.147x |
|
LODESTAR BATTERY METALS
F:O4L
|
N/A |
Annual Cash Flow Conversion Efficiency for Certive Solutions Inc (2011–2023)
The table below shows the annual cash flow conversion efficiency of Certive Solutions Inc from 2011 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-05-31 | $-10.47 Million | $-626.20K | 0.060x | -56.12% |
| 2022-05-31 | $-9.10 Million | $-1.24 Million | 0.136x | -16.63% |
| 2021-05-31 | $-7.74 Million | $-1.27 Million | 0.164x | -24.93% |
| 2020-05-31 | $-6.11 Million | $-1.33 Million | 0.218x | -28.03% |
| 2019-05-31 | $-6.08 Million | $-1.84 Million | 0.303x | +6.16% |
| 2018-05-31 | $-5.16 Million | $-1.47 Million | 0.285x | -94.35% |
| 2017-05-31 | $-425.20K | $-2.15 Million | 5.048x | +117.50% |
| 2016-05-31 | $139.66K | $-4.03 Million | -28.843x | -639.64% |
| 2015-05-31 | $-519.14K | $-2.77 Million | 5.345x | -11.21% |
| 2014-05-31 | $-427.35K | $-2.57 Million | 6.020x | +1811.65% |
| 2013-05-31 | $-1.08 Million | $-339.40K | 0.315x | +1002.72% |
| 2012-05-31 | $8.78 Million | $-306.32K | -0.035x | +85.64% |
| 2011-05-31 | $506.90K | $-123.12K | -0.243x | -- |