Iconic Brands Inc
Iconic Brands, Inc provides wine and spirits, ready-to-freeze alcohol pops, ready-to-drink cocktails, and mixers. The company is based in Amityville, New York. On October 16, 2023, an involuntary petition for liquidation under Chapter 11 was filed against Iconic Brands, Inc. in the U.S. Bankruptcy Court for the Eastern District of New York. On December 4, 2023, the involuntary petition was approv… Read more
Iconic Brands Inc (ICNB) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2023: 0.346x
Based on the latest financial reports, Iconic Brands Inc (ICNB) has a cash flow conversion efficiency ratio of 0.346x as of March 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 ($-681.42K) by net assets ($-1.97 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Iconic Brands Inc - Cash Flow Conversion Efficiency Trend (2007–2022)
This chart illustrates how Iconic Brands 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.
Iconic Brands Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Iconic Brands Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Cyber Media Research & Services Ltd
NSE:CMRSL
|
N/A |
|
Logintrade S.A.
WAR:LGT
|
N/A |
|
IBC
WAR:IBC
|
N/A |
|
NINJ3F
SA:NINJ3F
|
N/A |
|
Dewhurst
LSE:DWHT
|
0.062x |
|
Dewhurst plc
LSE:DWHA
|
0.062x |
|
mPhase Technologies Inc
PINK:XDSL
|
0.006x |
|
REATO GROUP AB
F:D5LA
|
N/A |
Annual Cash Flow Conversion Efficiency for Iconic Brands Inc (2007–2022)
The table below shows the annual cash flow conversion efficiency of Iconic Brands Inc from 2007 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | $360.24K | $-9.79 Million | -27.190x | -12604.02% |
| 2021-12-31 | $19.11 Million | $-4.09 Million | -0.214x | -136.54% |
| 2020-12-31 | $-1.83 Million | $-1.07 Million | 0.586x | +110.49% |
| 2019-12-31 | $490.20K | $-2.74 Million | -5.583x | -1066.43% |
| 2018-12-31 | $-3.04 Million | $-1.75 Million | 0.578x | +186.51% |
| 2017-12-31 | $-943.66K | $630.17K | -0.668x | -1476.47% |
| 2016-12-31 | $-8.88 Million | $-431.03K | 0.049x | -84.97% |
| 2015-12-31 | $-1.17 Million | $-379.08K | 0.323x | +139.72% |
| 2014-12-31 | $-531.20K | $-71.54K | 0.135x | +123.45% |
| 2010-12-31 | $-7.08 Million | $-426.75K | 0.060x | -52.75% |
| 2009-12-31 | $-4.22 Million | $-538.84K | 0.128x | -89.75% |
| 2008-12-31 | $-40.99K | $-51.01K | 1.244x | +246.55% |
| 2007-12-31 | $27.98K | $-23.75K | -0.849x | -- |