FRX Innovations Inc.
FRX Innovations Inc. manufactures and sells flame-retardant polyphosphate polymers under the Nofia brand name in Asia, Europe, and the Americas. The company's products including homopolymers, used in carpets, textiles, connectors, wires and cables, and transparent sheet products and blown films; copolymers used in housings, sheets, fibers, and lightings; and reactive oligomers used in decorative … Read more
FRX Innovations Inc. (FRXIF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: -0.112x
Based on the latest financial reports, FRX Innovations Inc. (FRXIF) has a cash flow conversion efficiency ratio of -0.112x as of September 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 ($225.74K) by net assets ($-2.01 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
FRX Innovations Inc. - Cash Flow Conversion Efficiency Trend (2019–2023)
This chart illustrates how FRX 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.
FRX Innovations Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of FRX Innovations Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Duoback Co. Ltd
KQ:073190
|
-0.040x |
|
International Network System PCL
BK:ITNS
|
0.003x |
|
Kiang Huat Sea Gull Trading Frozen Food Public Company Limited
BK:CHOTI
|
-0.105x |
|
LABEL VIE
BC:LABEL-VIE
|
N/A |
|
Independent ESG Mix
CO:IIKESGMIX
|
N/A |
|
MURPHY USA
BE:1MU
|
0.243x |
|
CFI Holding SA
WAR:CFI
|
0.001x |
|
Oceana
JSE:OCE
|
0.157x |
Annual Cash Flow Conversion Efficiency for FRX Innovations Inc. (2019–2023)
The table below shows the annual cash flow conversion efficiency of FRX Innovations Inc. from 2019 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $581.36K | $-3.12 Million | -5.359x | -510.87% |
| 2022-12-31 | $6.01 Million | $-5.27 Million | -0.877x | -312.42% |
| 2021-12-31 | $-8.18 Million | $-3.38 Million | 0.413x | -97.71% |
| 2020-12-31 | $-161.22K | $-2.91 Million | 18.055x | +2246.92% |
| 2019-12-31 | $6.43 Million | $-5.41 Million | -0.841x | -- |