KARX
Karbon-X Corp. operates as a carbon marketing company focused on the technology-based greenhouse gas builds. The company engages in reduction of greenhouse gas emissions through sale of carbon credits. It also invests in CO2 reduction projects such as direct air capture, green hydroelectric energy production, and reforestation. The company serves mining, forestry, civic earthworks, transportation… Read more
KARX (KARX) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of August 2024: -0.464x
Based on the latest financial reports, KARX (KARX) has a cash flow conversion efficiency ratio of -0.464x as of August 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 ($-1.46 Million) by net assets ($3.15 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
KARX - Cash Flow Conversion Efficiency Trend (2022–2024)
This chart illustrates how KARX's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
KARX Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of KARX ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Orbitech Co. Ltd
KQ:046120
|
-0.069x |
|
Icon Offshore Bhd
KLSE:5255
|
-0.003x |
|
Namyang Dairy
KO:003920
|
0.010x |
|
Berkeley Energia Ltd
AU:BKY
|
0.000x |
|
SolGold Plc
PINK:SLGGF
|
0.149x |
|
Green World Fintech Service Co. Ltd.
TWO:6763
|
-0.027x |
|
Indeks Bilgisayar Sistemleri Muhendislik Sanayi ve Ticaret AS
IS:INDES
|
0.147x |
|
Hannong Chem
KO:011500
|
0.058x |
Annual Cash Flow Conversion Efficiency for KARX (2022–2024)
The table below shows the annual cash flow conversion efficiency of KARX from 2022 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-05-31 | $2.83 Million | $-1.10 Million | -0.388x | +40.78% |
| 2023-05-31 | $2.27 Million | $-1.49 Million | -0.656x | -126.55% |
| 2022-05-31 | $637.87K | $-184.59K | -0.289x | -- |