Devmar Equities Inc
DevMar Equities, Inc. engages in the real estate acquisition and development of multifamily/mixed-use and hospitality projects in urban locations with a focus in Florida. The company was formerly known as La Cortez Energy, Inc. and changed its name to DevMar Equities, Inc. in February 2019. DevMar Equities, Inc. was incorporated in 2006 and is based in Birmingham, Michigan.
Devmar Equities Inc (DEVM) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2022: 0.020x
Based on the latest financial reports, Devmar Equities Inc (DEVM) has a cash flow conversion efficiency ratio of 0.020x as of March 2022.
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 ($-1.95K) by net assets ($-97.88K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Devmar Equities Inc - Cash Flow Conversion Efficiency Trend (2006–2021)
This chart illustrates how Devmar Equities 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.
Devmar Equities Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Devmar Equities Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Blue Water Ventures International Inc
PINK:BWVI
|
0.248x |
|
Benchmark Energy Corporation
PINK:GPLL
|
0.152x |
|
Bowmo Inc
PINK:BOMO
|
0.003x |
|
Big Buck Brewery & Steakhouse Inc
PINK:BBUCQ
|
-2.090x |
|
Amaru Inc
PINK:AMRU
|
0.047x |
|
Curtis Mathes Corp
PINK:CMCZ
|
N/A |
|
1st Prestige Wealth Management Inc
PINK:FPWM
|
-0.003x |
|
Zevotek Inc
PINK:ZVTK
|
0.430x |
Annual Cash Flow Conversion Efficiency for Devmar Equities Inc (2006–2021)
The table below shows the annual cash flow conversion efficiency of Devmar Equities Inc from 2006 to 2021.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2021-12-31 | $-95.15K | $-19.29K | 0.203x | +638.66% |
| 2020-12-31 | $-73.97K | $-2.03K | 0.027x | -95.10% |
| 2019-12-31 | $-69.52K | $-38.93K | 0.560x | +159.32% |
| 2018-12-31 | $-22.95K | $21.67K | -0.944x | -333.62% |
| 2011-12-31 | $13.58 Million | $-2.96 Million | -0.218x | +22.15% |
| 2010-12-31 | $20.68 Million | $-5.78 Million | -0.280x | -132.44% |
| 2009-12-31 | $-2.39 Million | $-2.06 Million | 0.862x | +618.25% |
| 2008-12-31 | $6.83 Million | $-1.14 Million | -0.166x | -107.45% |
| 2007-12-31 | $-14.07K | $-31.44K | 2.233x | +425.16% |
| 2006-12-31 | $14.76K | $-10.14K | -0.687x | -- |