Delta 9 Cannabis Inc
Humble Grow Co., together with its subsidiaries, operates as an integrated cannabis company. The company engages in the cultivation, processing, extraction, wholesale distribution, retail, and sale of medical and recreational cannabis products. Its products include dried cannabis flowers, pre-rolls, and dried sift cannabis, as well as oils, and extracted and derivative products. The company also … Read more
Delta 9 Cannabis Inc (DLTNF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2024: 0.009x
Based on the latest financial reports, Delta 9 Cannabis Inc (DLTNF) has a cash flow conversion efficiency ratio of 0.009x as of March 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 ($-85.57K) by net assets ($-9.96 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Delta 9 Cannabis Inc - Cash Flow Conversion Efficiency Trend (2003–2023)
This chart illustrates how Delta 9 Cannabis 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.
Delta 9 Cannabis Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Delta 9 Cannabis Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
BALOISE HLDG N - Dusseldorf Stock Exchang
DU:BLON
|
N/A |
|
Rewardle Holdings Ltd
AU:RXH
|
-0.038x |
|
APPLIED IND TECH
BE:AT4
|
0.073x |
|
DSV - Dusseldorf Stock Exchang
DU:DS81
|
0.064x |
|
Newcity (Bangkok) Public Company Limited
BK:NC
|
-0.037x |
|
Reliability Incorporated
PINK:RLBY
|
0.098x |
|
Orgabio Holdings Bhd
KLSE:0252
|
0.122x |
|
MAS Gold Corp
PINK:MSGCF
|
-0.024x |
Annual Cash Flow Conversion Efficiency for Delta 9 Cannabis Inc (2003–2023)
The table below shows the annual cash flow conversion efficiency of Delta 9 Cannabis Inc from 2003 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $-6.43 Million | $4.22 Million | -0.657x | -17.45% |
| 2022-12-31 | $6.54 Million | $-3.66 Million | -0.559x | -1723.43% |
| 2021-12-31 | $25.28 Million | $-775.48K | -0.031x | -170.91% |
| 2020-12-31 | $34.85 Million | $1.51 Million | 0.043x | +112.28% |
| 2019-12-31 | $34.43 Million | $-12.13 Million | -0.352x | -40.91% |
| 2018-12-31 | $35.31 Million | $-8.83 Million | -0.250x | -31.95% |
| 2017-12-31 | $24.56 Million | $-4.65 Million | -0.189x | -103.16% |
| 2016-12-31 | $-151.89K | $-910.26K | 5.993x | +23951.89% |
| 2015-12-31 | $-449.86K | $-11.21K | 0.025x | -78.30% |
| 2014-12-31 | $-607.27K | $-69.73K | 0.115x | +5.98% |
| 2013-12-31 | $-460.23K | $-49.87K | 0.108x | +93.49% |
| 2012-12-31 | $-1.09 Million | $-61.16K | 0.056x | -61.47% |
| 2011-12-31 | $-591.90K | $-86.03K | 0.145x | -99.02% |
| 2010-12-31 | $-27.77K | $-411.87K | 14.833x | +16027.93% |
| 2009-12-31 | $631.75K | $58.10K | 0.092x | +111.02% |
| 2008-12-31 | $263.62K | $-219.92K | -0.834x | -77.54% |
| 2007-12-31 | $3.51 Million | $-1.65 Million | -0.470x | -86.89% |
| 2006-12-31 | $6.64 Million | $-1.67 Million | -0.251x | +25.50% |
| 2005-12-31 | $853.10K | $-287.93K | -0.338x | -85.07% |
| 2004-12-31 | $735.58K | $-134.14K | -0.182x | -138.99% |
| 2003-12-31 | $771.18K | $-58.85K | -0.076x | -- |