Orbite Technologies Inc
Orbite Technologies Inc. operates as a clean technology based mineral-processing and resource development company in Canada. It produces high-purity alumina, silica, hematite, magnesium oxide, titanium oxide, smelter-grade alumina, and rare earth and rare metal oxides from various feedstocks, including red mud, fly-ash, aluminous clays, mine tailings, bauxite, and kaolin clay, as well as serpenti… Read more
Orbite Technologies Inc (EORBF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2017: -0.013x
Based on the latest financial reports, Orbite Technologies Inc (EORBF) has a cash flow conversion efficiency ratio of -0.013x as of September 2017.
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 ($-1.51 Million) by net assets ($120.73 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Orbite Technologies Inc - Cash Flow Conversion Efficiency Trend (2009–2016)
This chart illustrates how Orbite Technologies 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.
Orbite Technologies Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Orbite Technologies Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
CHUBU EL - Dusseldorf Stock Exchang
DU:0C2
|
N/A |
|
Royce Global Value Trust Inc
NYSE:RGT
|
0.001x |
|
High Mountain 2 Capital Corporation
V:HMCC-P
|
-0.030x |
|
Presto Automation Inc.
PINK:PRSTW
|
0.176x |
|
Akoustis Technologies, Inc.
NASDAQ:AKTSQ
|
0.187x |
|
BURBERRY GROUP
BE:BB2
|
N/A |
|
PZU (7PZ.SG)
STU:7PZ
|
0.107x |
|
Medivie Therapeutic Ltd
TA:MDVI
|
0.217x |
Annual Cash Flow Conversion Efficiency for Orbite Technologies Inc (2009–2016)
The table below shows the annual cash flow conversion efficiency of Orbite Technologies Inc from 2009 to 2016.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2016-12-31 | $87.88 Million | $-6.86 Million | -0.078x | +34.05% |
| 2015-12-31 | $74.49 Million | $-8.81 Million | -0.118x | +19.88% |
| 2014-12-31 | $101.86 Million | $-15.04 Million | -0.148x | -12.11% |
| 2013-12-31 | $82.27 Million | $-10.83 Million | -0.132x | -- |
| 2012-12-31 | $75.99 Million | $0.00 | 0.000x | -- |
| 2011-12-31 | $79.06 Million | $0.00 | 0.000x | -- |
| 2010-12-31 | $16.74 Million | $0.00 | 0.000x | -- |
| 2009-12-31 | $1.83 Million | $0.00 | 0.000x | -- |