AS-IP Tech Inc
AS-IP Tech, Inc. develops technologies for the business aviation and commercial airline industry. The company offers BizjetMobile and CrewX technologies are designed for business jets that deliver in-flight connectivity. The company markets fflya system designed for low-cost airlines. It operates in Asia, North America, Europe and the Middle East. The company was formerly known as ASI Entertainme… Read more
AS-IP Tech Inc (IPTK) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2023: 0.053x
Based on the latest financial reports, AS-IP Tech Inc (IPTK) has a cash flow conversion efficiency ratio of 0.053x 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 ($-143.26K) by net assets ($-2.69 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
AS-IP Tech Inc - Cash Flow Conversion Efficiency Trend (1999–2022)
This chart illustrates how AS-IP Tech 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.
AS-IP Tech Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of AS-IP Tech Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
SynBiotic SE
F:SBX
|
N/A |
|
AJWA for Food Industries company Egypt
EGX:AJWA
|
N/A |
|
FIRSTGROUP
BE:FGR
|
N/A |
|
LI NING
MU:LNLB
|
N/A |
|
Doric Nimrod Air Two Limited
LSE:DNA2
|
0.047x |
|
Misr Conditioning (Miraco)
EGX:MRCO
|
N/A |
|
EALT3F
SA:EALT3F
|
N/A |
|
Global Care Capital Inc
PINK:RSCZF
|
-0.012x |
Annual Cash Flow Conversion Efficiency for AS-IP Tech Inc (1999–2022)
The table below shows the annual cash flow conversion efficiency of AS-IP Tech Inc from 1999 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-06-30 | $-2.17 Million | $-1.12 Million | 0.516x | +62.83% |
| 2021-06-30 | $-1.32 Million | $-417.05K | 0.317x | +36.24% |
| 2020-06-30 | $-1.52 Million | $-353.59K | 0.232x | -59.03% |
| 2019-06-30 | $-1.16 Million | $-659.04K | 0.567x | 0.00% |
| 2018-06-30 | $-1.16 Million | $-659.04K | 0.567x | -78.19% |
| 2017-06-30 | $-226.62K | $-589.37K | 2.601x | +138.53% |
| 2016-06-30 | $-108.68K | $-118.49K | 1.090x | +1024.63% |
| 2015-06-30 | $-530.40K | $-51.42K | 0.097x | -56.52% |
| 2014-06-30 | $-481.38K | $-107.33K | 0.223x | +85.12% |
| 2013-06-30 | $-499.42K | $-60.15K | 0.120x | +82.23% |
| 2012-06-30 | $-536.36K | $-35.45K | 0.066x | -20.55% |
| 2011-06-30 | $-537.30K | $-44.70K | 0.083x | -43.47% |
| 2010-06-30 | $-496.15K | $-73.01K | 0.147x | +116.88% |
| 2009-06-30 | $-272.00K | $-18.45K | 0.068x | -83.17% |
| 2008-06-30 | $-362.53K | $-146.15K | 0.403x | -69.90% |
| 2007-06-30 | $-387.35K | $-518.88K | 1.340x | +159.38% |
| 2006-06-30 | $325.53K | $-734.37K | -2.256x | -70.47% |
| 2005-06-30 | $403.35K | $-533.78K | -1.323x | -39.78% |
| 2004-06-30 | $541.53K | $-512.68K | -0.947x | -34.59% |
| 2003-06-30 | $566.28K | $-398.33K | -0.703x | -97.58% |
| 2002-06-30 | $701.34K | $-249.69K | -0.356x | +5.54% |
| 2001-06-30 | $828.63K | $-312.31K | -0.377x | -42.23% |
| 2000-06-30 | $1.18 Million | $-312.31K | -0.265x | -80.39% |
| 1999-06-30 | $1.32 Million | $-194.53K | -0.147x | -- |