Hanover Foods Corporation
Hanover Foods Corporation engages in processing, packaging, and selling fresh canned and frozen products. It offers baked beans, beans, canned blends and vegetables, frozen blends and vegetables, kosher, pork and beans, soft pretzels, steam in bag products, and tomatoes, as well as soups, salads, and broths. The company was founded in 1924 and is based in Hanover, Pennsylvania.
Hanover Foods Corporation (HNFSA) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of August 2004: -0.132x
Based on the latest financial reports, Hanover Foods Corporation (HNFSA) has a cash flow conversion efficiency ratio of -0.132x as of August 2004.
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 ($-13.96 Million) by net assets ($105.99 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Hanover Foods Corporation - Cash Flow Conversion Efficiency Trend (2000–2006)
This chart illustrates how Hanover Foods Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Hanover Foods Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Hanover Foods Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Aisix Solutions Inc.
OTCQB:AISXF
|
2.201x |
|
BUSHVELD MINERALS LS-01
F:23U
|
N/A |
|
ROLLING OPTICS HOLDING AB
F:5LN
|
N/A |
|
MX Gold Corp
PINK:MXLGF
|
0.000x |
|
STRAYER EDUCATION
BE:SQE
|
0.030x |
|
Capstone Companies Inc
OTCQB:CAPC
|
0.143x |
|
ORION -B- - Dusseldorf Stock Exchang
DU:OFK
|
0.073x |
|
Carlyle Commodities Corp.
OTCQB:CCCFF
|
-0.183x |
Annual Cash Flow Conversion Efficiency for Hanover Foods Corporation (2000–2006)
The table below shows the annual cash flow conversion efficiency of Hanover Foods Corporation from 2000 to 2006.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2006-05-31 | $122.89 Million | $15.61 Million | 0.127x | -15.48% |
| 2004-05-31 | $104.10 Million | $15.64 Million | 0.150x | -39.47% |
| 2003-05-31 | $93.22 Million | $23.14 Million | 0.248x | +10.32% |
| 2002-05-31 | $83.99 Million | $18.90 Million | 0.225x | +61.69% |
| 2001-05-31 | $77.47 Million | $10.78 Million | 0.139x | -13.62% |
| 2000-05-31 | $72.31 Million | $11.65 Million | 0.161x | -- |