IGEN Networks Corp
IGEN Networks Corp. develops and markets software services for the automotive and fleet management industry in the United States. The company provides vehicle tracking and recovery solutions; and direct and secure access to information on the vehicle assets and the driver's behavior. It offers its software services to automotive dealers, financial institutions, government channels, and direct-to-… Read more
IGEN Networks Corp (IGEN) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2023: 0.018x
Based on the latest financial reports, IGEN Networks Corp (IGEN) has a cash flow conversion efficiency ratio of 0.018x 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 ($-26.00K) by net assets ($-1.42 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
IGEN Networks Corp - Cash Flow Conversion Efficiency Trend (2008–2022)
This chart illustrates how IGEN Networks Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
IGEN Networks Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of IGEN Networks Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
MGM RESORTS ITL
BE:MGG
|
0.173x |
|
Adamas One Corp. Common Stock
PINK:JEWL
|
0.097x |
|
HILG11
SA:HILG11
|
N/A |
|
WAERTSILAE - Dusseldorf Stock Exchang
DU:MTA
|
0.124x |
|
WGELF
OTCGREY:WGELF
|
-0.468x |
|
Ziccum AB
ST:ZICC
|
-1.214x |
|
CHIPOTLE MEXICAN
BE:C9F
|
0.124x |
|
MITSUI ENGR & SHIP - Dusseldorf Stock Exchang
DU:MU1
|
N/A |
Annual Cash Flow Conversion Efficiency for IGEN Networks Corp (2008–2022)
The table below shows the annual cash flow conversion efficiency of IGEN Networks Corp from 2008 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | $-839.23K | $-978.06K | 1.165x | -26.21% |
| 2021-12-31 | $-609.67K | $-962.96K | 1.579x | +57.38% |
| 2020-12-31 | $-871.11K | $-874.26K | 1.004x | +26.26% |
| 2019-12-31 | $-827.27K | $-657.57K | 0.795x | -40.24% |
| 2018-12-31 | $-883.41K | $-1.17 Million | 1.330x | +170.46% |
| 2017-12-31 | $-1.39 Million | $-683.83K | 0.492x | -35.97% |
| 2016-12-31 | $-397.57K | $-305.35K | 0.768x | -88.82% |
| 2015-12-31 | $-47.69K | $-327.65K | 6.870x | +1141.46% |
| 2014-12-31 | $643.45K | $-424.44K | -0.660x | +45.91% |
| 2013-12-31 | $239.24K | $-291.75K | -1.220x | +4.28% |
| 2012-12-31 | $323.39K | $-412.01K | -1.274x | -138.74% |
| 2011-12-31 | $443.05K | $-236.43K | -0.534x | -225.15% |
| 2010-12-31 | $1.09 Million | $-179.29K | -0.164x | -51256.64% |
| 2009-12-31 | $-355.34K | $-114.00 | 0.000x | -99.90% |
| 2008-12-31 | $-32.76K | $-11.00K | 0.336x | -- |