Forza Innovations Inc
Forza Innovations Inc. engages in the health-tech wearable performance business. It offers WarmUp series product line, including J4 Sport, J4 X, and J4 Fitbelt that are wearable back compression devices that are used to relax, warmup, loosen, or relax stiff and sore muscles. The company was formerly known as Genesys Industries, Inc. and changed its name to Forza Innovations Inc. in June 2021. For… Read more
Forza Innovations Inc (FORZ) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2024: 0.003x
Based on the latest financial reports, Forza Innovations Inc (FORZ) has a cash flow conversion efficiency ratio of 0.003x as of March 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 ($-14.03K) by net assets ($-4.26 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Forza Innovations Inc - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Forza Innovations 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.
Forza Innovations Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Forza Innovations Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
SANDY SPRING BANCRP
BE:SD2
|
0.020x |
|
EL Ezz Aldekhela Steel - Alexandria
EGX:IRAX
|
N/A |
|
Florentaise SA
PA:ALFLO
|
0.233x |
|
Vertical Capital Income Fund
NYSE:CCIA
|
N/A |
|
Waverley Pharma Inc
V:WAVE
|
0.059x |
|
Nissan
TA:NISA
|
0.039x |
|
Craven House Capital PLC
LSE:CRV
|
0.000x |
|
Sound Point Meridian Capital, Inc.
PINK:SPMCP
|
N/A |
Annual Cash Flow Conversion Efficiency for Forza Innovations Inc (2016–2024)
The table below shows the annual cash flow conversion efficiency of Forza Innovations Inc from 2016 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-06-30 | $-4.61 Million | $-763.53K | 0.166x | 0.00% |
| 2023-06-30 | $-4.61 Million | $-763.53K | 0.166x | -69.12% |
| 2022-06-30 | $-1.33 Million | $-712.14K | 0.537x | +328.83% |
| 2021-06-30 | $-282.73K | $66.30K | -0.234x | +90.76% |
| 2020-06-30 | $60.41K | $-153.27K | -2.537x | -210.90% |
| 2019-06-30 | $98.42K | $225.16K | 2.288x | -90.23% |
| 2018-06-30 | $-4.33K | $-101.31K | 23.425x | +735.27% |
| 2017-06-30 | $14.47K | $-53.35K | -3.687x | -5500.09% |
| 2016-06-30 | $-9.52K | $-650.00 | 0.068x | -- |