Health Advance Inc
Health Advance Inc., a development stage company, operates as an on-line retailer of home medical products in Canada and the United States. It intends to offers aids to daily living, ambulatory, bath safety, core wound care, diabetic, enteral nutrition-feeding, home diagnostics, incontinence, orthopedic, ostomy, pain management, professional use and diagnostic, respiratory, tracheostomy care, spe… Read more
Health Advance Inc (HADV) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2025: 0.049x
Based on the latest financial reports, Health Advance Inc (HADV) has a cash flow conversion efficiency ratio of 0.049x as of June 2025.
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 ($-5.21K) by net assets ($-107.30K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Health Advance Inc - Cash Flow Conversion Efficiency Trend (2011–2024)
This chart illustrates how Health Advance 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.
Health Advance Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Health Advance Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Nala Digital Commerce Ltd
TA:NALA
|
-0.080x |
|
ASA International Group PLC
LSE:ASAI
|
0.186x |
|
Outbrain
NYSE:OB
|
-0.002x |
|
Rex Trueform Group Ltd
JSE:RTO
|
0.038x |
|
MORGAN ADV
BE:MGJ
|
N/A |
|
Sandoll Inc.
KO:419120
|
N/A |
|
Harmony Energy Income Trust PLC
LSE:HEIT
|
0.003x |
|
IREN (TZ8.SG)
STU:TZ8
|
0.101x |
Annual Cash Flow Conversion Efficiency for Health Advance Inc (2011–2024)
The table below shows the annual cash flow conversion efficiency of Health Advance Inc from 2011 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-03-31 | $-41.98K | $-11.65K | 0.278x | +100.71% |
| 2023-03-31 | $7.04K | $-273.24K | -38.823x | -426.65% |
| 2022-03-31 | $26.69K | $-196.76K | -7.372x | -3184.56% |
| 2021-03-31 | $157.35K | $-35.31K | -0.224x | -238.83% |
| 2017-03-31 | $-159.40K | $-25.77K | 0.162x | -45.62% |
| 2016-03-31 | $-129.89K | $-38.61K | 0.297x | +0.07% |
| 2015-03-31 | $-105.34K | $-31.29K | 0.297x | -44.37% |
| 2014-03-31 | $-58.26K | $-31.11K | 0.534x | -57.04% |
| 2013-03-31 | $-32.73K | $-40.69K | 1.243x | +361.66% |
| 2011-03-31 | $21.42K | $-10.18K | -0.475x | -- |