Entest Biomedical Inc
Entest Group, Inc. does not have significant operations. It intends to seek business opportunities to review and analyze for purposes of effecting a merger, acquisition, or other business combination with an operating company business. The company was formerly known as Entest Biomedical, Inc. and changed its name to Entest Group, Inc. in February 2018. Entest Group, Inc. was founded in 2008 and i… Read more
Entest Biomedical Inc (ETNI) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of November 2019: 0.337x
Based on the latest financial reports, Entest Biomedical Inc (ETNI) has a cash flow conversion efficiency ratio of 0.337x as of November 2019.
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 ($-17.09K) by net assets ($-50.66K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Entest Biomedical Inc - Cash Flow Conversion Efficiency Trend (2009–2019)
This chart illustrates how Entest Biomedical 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.
Entest Biomedical Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Entest Biomedical Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Rocca SA
WAR:RCA
|
-0.160x |
|
Jr Global Reit
KO:348950
|
N/A |
|
CAVELL TOURISTIC INVESTMENTS LTD
SEM:CAVT
|
N/A |
|
ISFELAG HF
IC:ISF
|
N/A |
|
Atesco Industrial Cartering JSC
VN:ATS
|
N/A |
|
SCIG4
MC:SCIG4
|
N/A |
|
Visicons Construction and Investment JSC
VN:VC6
|
N/A |
|
Sungchang Enterprise Holdings Ltd.
KQ:000180
|
N/A |
Annual Cash Flow Conversion Efficiency for Entest Biomedical Inc (2009–2019)
The table below shows the annual cash flow conversion efficiency of Entest Biomedical Inc from 2009 to 2019.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2019-08-31 | $-32.67K | $-3.96K | 0.121x | -98.00% |
| 2018-08-31 | $-245.71K | $-1.49 Million | 6.064x | +121.55% |
| 2017-08-31 | $16.82K | $-473.38K | -28.137x | -63617.87% |
| 2016-08-31 | $-978.87K | $-43.36K | 0.044x | -86.47% |
| 2015-08-31 | $-787.38K | $-257.75K | 0.327x | -84.30% |
| 2014-08-31 | $-679.18K | $-1.42 Million | 2.085x | +46.94% |
| 2013-08-31 | $-686.88K | $-974.60K | 1.419x | -91.16% |
| 2012-08-31 | $-57.80K | $-927.75K | 16.051x | +373.21% |
| 2011-08-31 | $171.74K | $-1.01 Million | -5.875x | -686.23% |
| 2010-08-31 | $-220.74K | $-221.23K | 1.002x | +179.68% |
| 2009-08-31 | $79.69K | $-100.23K | -1.258x | -- |