EV Technology Group Ltd.
EV Technology Group Ltd. engages in the developing and commercializing of electric vehicle technologies. It deals in, distributes, and rents MOKE electric vehicles. The company is headquartered in Toronto, Canada.
EV Technology Group Ltd. (EVTGF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2023: 0.108x
Based on the latest financial reports, EV Technology Group Ltd. (EVTGF) has a cash flow conversion efficiency ratio of 0.108x as of September 2023.
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 ($-119.14K) by net assets ($-1.10 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
EV Technology Group Ltd. - Cash Flow Conversion Efficiency Trend (2019–2022)
This chart illustrates how EV Technology Group Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
EV Technology Group Ltd. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of EV Technology Group Ltd. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
CONSOL ENERGY - Dusseldorf Stock Exchang
DU:CGD
|
0.040x |
|
GelStat Corp
PINK:GSAC
|
0.013x |
|
SHINKO EL IND
MU:SKS
|
0.068x |
|
2G ENERGY
BE:2GB
|
N/A |
|
KAJIMA
MU:KAJ
|
N/A |
|
IMPERIAL TOBACCO
MU:ITB
|
N/A |
|
Zaram Technology Inc.
KO:389020
|
N/A |
|
Svitzer Group A/S
CO:SVITZR
|
N/A |
Annual Cash Flow Conversion Efficiency for EV Technology Group Ltd. (2019–2022)
The table below shows the annual cash flow conversion efficiency of EV Technology Group Ltd. from 2019 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | $10.77 Million | $-6.54 Million | -0.607x | -27057.54% |
| 2021-12-31 | $12.51 Million | $-27.96K | -0.002x | -108.47% |
| 2020-12-31 | $-1.52 Million | $-40.08K | 0.026x | +814.28% |
| 2019-12-31 | $-1.51 Million | $-4.35K | 0.003x | -- |