Ionic Brands Corp
Ionic Brands Corp., through its subsidiaries, provides services and products ancillary to the cannabis production and processing industry in Washington and Oregon. It offers cannabis oils and concentrates, infusions, and distillates; vaporizers; and hard goods, such as cartridges, applicators, pens, jars, etc. The company's cannabis production and processing services and products, including the l… Read more
Ionic Brands Corp (IONKF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2021: 0.054x
Based on the latest financial reports, Ionic Brands Corp (IONKF) has a cash flow conversion efficiency ratio of 0.054x as of December 2021.
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 ($1.14 Million) by net assets ($20.93 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Ionic Brands Corp - Cash Flow Conversion Efficiency Trend (2016–2021)
This chart illustrates how Ionic Brands 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.
Ionic Brands Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Ionic Brands Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
SH INDUSTRIAL
MU:SGI
|
N/A |
|
NPC Co. Ltd. Pfd. Series 1
KQ:004255
|
N/A |
|
SINGULUS TECHNOLOGI - Dusseldorf Stock Exchang
DU:SNG
|
-0.083x |
|
S S Oil Mills Ltd
KAR:SSOM
|
N/A |
|
Korea Line Corp.
KQ:005880
|
N/A |
|
AREV NanoTec Brands Inc
PINK:AREVF
|
0.005x |
|
Sumer Varlik Yonetim A.S.
IS:SMRVA
|
N/A |
|
Btg Pactual Teva Tesouro Ipca Ultra Longo Ce Fundo De Indice - Responsabilidade Limitada
SA:PACB11
|
N/A |
Annual Cash Flow Conversion Efficiency for Ionic Brands Corp (2016–2021)
The table below shows the annual cash flow conversion efficiency of Ionic Brands Corp from 2016 to 2021.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2021-12-31 | $20.93 Million | $-7.42 Million | -0.354x | -724.46% |
| 2020-12-31 | $-15.39 Million | $-872.91K | 0.057x | -95.89% |
| 2019-12-31 | $-9.12 Million | $-12.60 Million | 1.382x | +1221.91% |
| 2018-12-31 | $-153.36K | $-16.03K | 0.105x | -61.30% |
| 2017-12-31 | $-123.30K | $-33.30K | 0.270x | -6.37% |
| 2016-12-31 | $-86.94K | $-25.08K | 0.288x | -- |