Healthcare Integrated Technologies Inc
Healthcare Integrated Technologies, Inc., through its subsidiaries, develops healthcare technology solutions to integrate and automate the continuing care, home care, and professional healthcare spaces in the United States. The company's products portfolio, including SafeSpace, an ambient fall detection solution for continuing care communities and at home use; and SafeGuard, a novel fully ambient… Read more
Healthcare Integrated Technologies Inc (HITC) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of January 2025: -0.077x
Based on the latest financial reports, Healthcare Integrated Technologies Inc (HITC) has a cash flow conversion efficiency ratio of -0.077x as of January 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 ($-494.33K) by net assets ($6.43 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Healthcare Integrated Technologies Inc - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Healthcare Integrated Technologies 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.
Healthcare Integrated Technologies Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Healthcare Integrated Technologies Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Q32 Bio Inc
NASDAQ:QTTB
|
0.229x |
|
Metal Sky Star Acquisition Corporation Ordinary shares
NASDAQ:MSSA
|
N/A |
|
Novacyt S.A
PINK:NVYTF
|
-0.118x |
|
CIG PANNONIA LIFE INSURA.
F:0CKA
|
N/A |
|
Hantech Bio-Technology Co., Ltd.
TWO:1294
|
N/A |
|
HeXun Biosciences Co., Ltd.
TWO:6986
|
0.104x |
|
Articore Group Ltd
AU:ATG
|
-1.004x |
|
Metacon AB
ST:META
|
-0.611x |
Annual Cash Flow Conversion Efficiency for Healthcare Integrated Technologies Inc (2013–2024)
The table below shows the annual cash flow conversion efficiency of Healthcare Integrated Technologies Inc from 2013 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-07-31 | $-293.19K | $-267.73K | 0.913x | +472.52% |
| 2023-07-31 | $-665.87K | $-106.20K | 0.159x | +82.50% |
| 2022-07-31 | $-2.43 Million | $-212.18K | 0.087x | -73.89% |
| 2021-07-31 | $-1.77 Million | $-592.19K | 0.335x | +226.84% |
| 2020-07-31 | $-1.84 Million | $-188.66K | 0.102x | +82.37% |
| 2019-07-31 | $-1.77 Million | $-99.44K | 0.056x | -78.42% |
| 2018-07-31 | $-1.23 Million | $-319.24K | 0.260x | +205.04% |
| 2017-07-31 | $-674.23K | $-57.51K | 0.085x | -94.75% |
| 2016-07-31 | $-12.02K | $-19.52K | 1.624x | 0.00% |
| 2015-07-31 | $-12.02K | $-19.52K | 1.624x | +114.01% |
| 2014-07-31 | $1.21K | $-14.06K | -11.589x | +71.66% |
| 2013-07-31 | $1.02K | $-41.75K | -40.889x | -- |