First Priority Tax Solutions Inc
Fritzy Tech Inc. does not have significant operations. It intends to relaunch Zshoppers.com, as well as launch and market homekout.com brands. The company was formerly known as First Priority Tax Solutions Inc. and changed its name to Fritzy Tech Inc. in December 2019. Fritzy Tech Inc. was incorporated in 2014 and is based in London, the United Kingdom. Fritzy Tech Inc. (OTCPK:FRFR) operates as a… Read more
First Priority Tax Solutions Inc (FRFR) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2022: 0.071x
Based on the latest financial reports, First Priority Tax Solutions Inc (FRFR) has a cash flow conversion efficiency ratio of 0.071x as of September 2022.
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 ($-18.75K) by net assets ($-264.03K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
First Priority Tax Solutions Inc - Cash Flow Conversion Efficiency Trend (2014–2022)
This chart illustrates how First Priority Tax Solutions 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.
First Priority Tax Solutions Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of First Priority Tax Solutions Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
MediaZest plc
LSE:MDZ
|
0.255x |
|
Dewan Farooque Spinning Mills Ltd
KAR:DFSM
|
N/A |
|
Sibannac Inc
PINK:SNNC
|
0.049x |
|
KRAKATAU STEEL -B-
MU:07K
|
N/A |
|
Subgen AI
ST:SUBGEN
|
N/A |
|
Global Gold Corporation
PINK:GBGD
|
0.005x |
|
Seraphim Space Investment Trust PLC
LSE:SSIT
|
-0.006x |
|
DDMP REIT Inc
PSE:DDMPR
|
0.013x |
Annual Cash Flow Conversion Efficiency for First Priority Tax Solutions Inc (2014–2022)
The table below shows the annual cash flow conversion efficiency of First Priority Tax Solutions Inc from 2014 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-06-30 | $-241.47K | $-26.21K | 0.109x | -47.08% |
| 2021-06-30 | $-173.01K | $-35.48K | 0.205x | -26.94% |
| 2020-06-30 | $-114.73K | $-32.20K | 0.281x | -56.82% |
| 2019-06-30 | $-64.02K | $-41.62K | 0.650x | -26.29% |
| 2018-06-30 | $-30.96K | $-27.30K | 0.882x | +122.62% |
| 2017-12-31 | $8.00K | $-31.18K | -3.899x | -1152.38% |
| 2017-06-30 | $-27.79K | $8.65K | -0.311x | -260.83% |
| 2016-06-30 | $-44.42K | $-8.60K | 0.194x | -65.99% |
| 2015-06-30 | $-71.24K | $-40.55K | 0.569x | +132.21% |
| 2014-06-30 | $35.15K | $-62.10K | -1.767x | -- |