Forge Group Inc.
Forge Group, Inc. operates as a property and casualty insurance company in the United States. The company provides commercial automobile property and casualty insurance policies on taxi cabs, sedans, and other public livery and light transportation vehicles for hire. It also owns and leases three commercial real estate properties located in the District of Columbia. The company was founded in 193… Read more
Forge Group Inc. (FIGP) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 0.019x
Based on the latest financial reports, Forge Group Inc. (FIGP) has a cash flow conversion efficiency ratio of 0.019x as of June 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 ($843.40K) by net assets ($45.39 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Forge Group Inc. - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how Forge 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.
Forge Group Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Forge Group Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
EE-HWA Construction Co. Ltd
KQ:001840
|
-0.290x |
|
Community Investors Bancorp Inc
PINK:CIBN
|
0.059x |
|
Kutcho Copper Corp
OTCQX:KCCFF
|
-0.010x |
|
Luo Lih Fen Holding Co Ltd
TW:6666
|
0.012x |
|
Linz Textil Holding AG
VI:LTH
|
0.059x |
|
Apontis Pharma AG
XETRA:APPH
|
-0.061x |
|
Chuang's China Investments Limited
F:CUG
|
0.046x |
|
Signal Advance Inc
PINK:SIGL
|
0.023x |
Annual Cash Flow Conversion Efficiency for Forge Group Inc. (2019–2024)
The table below shows the annual cash flow conversion efficiency of Forge Group Inc. from 2019 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $47.15 Million | $5.93 Million | 0.126x | +141.37% |
| 2023-12-31 | $45.87 Million | $2.39 Million | 0.052x | +131.26% |
| 2022-12-31 | $45.93 Million | $-7.65 Million | -0.167x | -122.17% |
| 2021-12-31 | $41.07 Million | $-3.08 Million | -0.075x | -160.07% |
| 2020-12-31 | $42.19 Million | $-1.22 Million | -0.029x | -125.44% |
| 2019-12-31 | $37.81 Million | $-483.67K | -0.013x | -- |