Fomo Worldwide Inc
Fomo Worldwide, Inc., through its subsidiaries, markets and sells disinfection products and services to individuals, hotels, hospitals, cruise ships, offices, and government facilities. It also provides hybrid disinfection devices with UVC and photo plasma devices. In addition, the company offers ultraviolet-C in-duct and portable devices, carbon filtration, and HEPA filtration devices, as well a… Read more
Fomo Worldwide Inc (IGOT) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2024: 0.021x
Based on the latest financial reports, Fomo Worldwide Inc (IGOT) has a cash flow conversion efficiency ratio of 0.021x as of March 2024.
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 ($-72.88K) by net assets ($-3.50 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Fomo Worldwide Inc - Cash Flow Conversion Efficiency Trend (2016–2022)
This chart illustrates how Fomo Worldwide 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.
Fomo Worldwide Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Fomo Worldwide Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
BC88
LSE:BC88
|
N/A |
|
SBD Capital Corp
PINK:SBDCF
|
0.130x |
|
Agent Information Software Inc
PINK:AIFS
|
-0.078x |
|
TPIS3F
SA:TPIS3F
|
N/A |
|
Al-Ghazi Tractors Ltd
KAR:AGTL
|
-0.114x |
|
Ferreycorp S.A.A.
LIM:FERREYC1
|
N/A |
|
Mars Semiconductor Corp.
TWO:6708
|
N/A |
|
REALTECH (RTC.SG)
STU:RTC
|
N/A |
Annual Cash Flow Conversion Efficiency for Fomo Worldwide Inc (2016–2022)
The table below shows the annual cash flow conversion efficiency of Fomo Worldwide Inc from 2016 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-09-30 | $-2.57 Million | $-1.25 Million | 0.486x | -82.97% |
| 2021-09-30 | $-310.23K | $-885.50K | 2.854x | +246.11% |
| 2020-09-30 | $-164.44K | $-135.61K | 0.825x | +685.21% |
| 2019-09-30 | $-1.24 Million | $-130.43K | 0.105x | +60.72% |
| 2018-09-30 | $-1.85 Million | $-120.83K | 0.065x | -62.23% |
| 2017-09-30 | $-1.35 Million | $-233.65K | 0.173x | -74.46% |
| 2016-09-30 | $-382.19K | $-258.94K | 0.678x | -- |