Freedom Internet Group Inc
Freedom Internet Group Inc. acquires, holds, and manages royalty interests derived from internet-based businesses in the United States. It offers management consulting services to the operators over the life of the agreement. Freedom Internet Group Inc. was incorporated in 2018 and is headquartered in San Juan, Puerto Rico.
Freedom Internet Group Inc (FIGI) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of April 2024: -0.029x
Based on the latest financial reports, Freedom Internet Group Inc (FIGI) has a cash flow conversion efficiency ratio of -0.029x as of April 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 ($-21.72K) by net assets ($741.92K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Freedom Internet Group Inc - Cash Flow Conversion Efficiency Trend (2019–2023)
This chart illustrates how Freedom Internet Group 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.
Freedom Internet Group Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Freedom Internet Group Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Winshear Gold Corp
V:WINS
|
-0.494x |
|
Grid Battery Metals Inc.
OTCQB:EVKRF
|
-0.061x |
|
ID Logistics
STU:1ID
|
N/A |
|
OSK Ventures International Bhd
KLSE:0053
|
-0.019x |
|
Huntington Exploration Inc
PINK:HEXPF
|
-0.159x |
|
Hour Loop Inc
NASDAQ:HOUR
|
-0.049x |
|
Energoaparatura S.A.
WAR:ENP
|
0.353x |
|
Ttbio Corp.
TWO:6493
|
-0.003x |
Annual Cash Flow Conversion Efficiency for Freedom Internet Group Inc (2019–2023)
The table below shows the annual cash flow conversion efficiency of Freedom Internet Group Inc from 2019 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-10-31 | $800.04K | $-216.74K | -0.271x | -14.09% |
| 2022-10-31 | $1.05 Million | $-250.49K | -0.237x | -147.04% |
| 2021-10-31 | $1.37 Million | $-131.59K | -0.096x | +30.36% |
| 2020-10-31 | $1.70 Million | $-234.68K | -0.138x | -111.28% |
| 2019-10-31 | $-136.93K | $-167.60K | 1.224x | -- |