Glassbridge Enterprises Inc
GlassBridge Enterprises, Inc., through its subsidiaries, owns and operates an asset management business in the United States. It offers investment advisory services to third party investors through managed funds separate managed accounts. The company was formerly known as Imation Corp. and changed its name to GlassBridge Enterprises, Inc. in February 2017. GlassBridge Enterprises, Inc. was incorp… Read more
Glassbridge Enterprises Inc (GLAE) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2023: -0.293x
Based on the latest financial reports, Glassbridge Enterprises Inc (GLAE) has a cash flow conversion efficiency ratio of -0.293x as of September 2023.
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 ($-1.70 Million) by net assets ($5.80 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Glassbridge Enterprises Inc - Cash Flow Conversion Efficiency Trend (1994–2022)
This chart illustrates how Glassbridge Enterprises 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.
Glassbridge Enterprises Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Glassbridge Enterprises Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
NAM.R S.A. EO -20
F:8GQ
|
N/A |
|
ANTOFAGASTA
MU:FG1
|
N/A |
|
Sileon AB (publ)
F:7PN
|
N/A |
|
Aequus Pharmaceuticals Inc
OTCQB:AQSZF
|
0.003x |
|
POWER CORP CDA SV
BE:PCR
|
0.043x |
|
CELANESE-A
MU:DG3
|
0.038x |
|
Golden House
TA:GOHO
|
0.033x |
|
INTERTEK GROUP - Dusseldorf Stock Exchang
DU:IT1
|
N/A |
Annual Cash Flow Conversion Efficiency for Glassbridge Enterprises Inc (1994–2022)
The table below shows the annual cash flow conversion efficiency of Glassbridge Enterprises Inc from 1994 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | $9.10 Million | $-2.70 Million | -0.297x | +45.60% |
| 2021-12-31 | $12.10 Million | $-6.60 Million | -0.545x | -155.27% |
| 2020-12-31 | $-7.60 Million | $-7.50 Million | 0.987x | +373.35% |
| 2019-12-31 | $31.30 Million | $-11.30 Million | -0.361x | -166.70% |
| 2018-12-31 | $-19.40 Million | $-10.50 Million | 0.541x | +95.28% |
| 2017-12-31 | $-26.70 Million | $-7.40 Million | 0.277x | -91.73% |
| 2016-12-31 | $-25.30 Million | $-84.80 Million | 3.352x | +559.46% |
| 2015-12-31 | $24.40 Million | $-17.80 Million | -0.730x | -2152.12% |
| 2014-12-31 | $240.80 Million | $-7.80 Million | -0.032x | -154.70% |
| 2013-12-31 | $373.20 Million | $22.10 Million | 0.059x | +378.95% |
| 2012-12-31 | $400.40 Million | $-8.50 Million | -0.021x | +5.75% |
| 2011-12-31 | $723.70 Million | $-16.30 Million | -0.023x | -111.63% |
| 2010-12-31 | $781.70 Million | $151.40 Million | 0.194x | +166.05% |
| 2009-12-31 | $927.20 Million | $67.50 Million | 0.073x | -18.81% |
| 2008-12-31 | $944.60 Million | $84.70 Million | 0.090x | +7.99% |
| 2007-12-31 | $1.05 Billion | $87.50 Million | 0.083x | -19.41% |
| 2006-12-31 | $946.30 Million | $97.50 Million | 0.103x | +0.48% |
| 2005-12-31 | $855.30 Million | $87.70 Million | 0.103x | -37.02% |
| 2004-12-31 | $786.80 Million | $128.10 Million | 0.163x | +64.88% |
| 2003-12-31 | $820.30 Million | $81.00 Million | 0.099x | -39.63% |
| 2002-12-31 | $738.50 Million | $120.80 Million | 0.164x | -16.34% |
| 2001-12-31 | $655.70 Million | $128.20 Million | 0.196x | -32.54% |
| 2000-12-31 | $662.50 Million | $192.00 Million | 0.290x | +148.17% |
| 1999-12-31 | $725.30 Million | $84.70 Million | 0.117x | +1488.76% |
| 1998-12-31 | $761.10 Million | $-6.40 Million | -0.008x | -104.30% |
| 1997-12-31 | $682.20 Million | $133.50 Million | 0.196x | -40.51% |
| 1996-12-31 | $930.30 Million | $306.00 Million | 0.329x | +47.13% |
| 1995-12-31 | $1.15 Billion | $256.80 Million | 0.224x | +70.85% |
| 1994-12-31 | $1.30 Billion | $170.10 Million | 0.131x | -- |