Kings Entertainment Group Inc.
Kings Entertainment Group Inc. provides online lottery and casino style gaming services. It also offers lottery subscriptions and browser-based casino games. The company offers its services under the LottoKings, Trillionaire, and WinTrillions brand names. Kings Entertainment Group Inc. is headquartered in Vancouver, Canada.
Kings Entertainment Group Inc. (KENGF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2023: -0.083x
Based on the latest financial reports, Kings Entertainment Group Inc. (KENGF) has a cash flow conversion efficiency ratio of -0.083x 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 ($-512.20K) by net assets ($6.20 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Kings Entertainment Group Inc. - Cash Flow Conversion Efficiency Trend (2020–2022)
This chart illustrates how Kings Entertainment Group 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.
Kings Entertainment Group Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Kings Entertainment Group Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Innovation Beverage Group Limited
NASDAQ:IBG
|
-0.413x |
|
TechnoDex Bhd
KLSE:0132
|
-0.094x |
|
Soco Corporation Ltd
AU:SOC
|
-0.035x |
|
A.S.T. GROUPE INH.EO 036
F:9NA
|
N/A |
|
Rightscorp Inc
PINK:RIHT
|
0.050x |
|
NUFORMIX PLC LS -001
F:1RT
|
N/A |
|
Crypto Co
PINK:CRCW
|
0.104x |
|
Verena Multi Finance Tbk
JK:VRNA
|
0.085x |
Annual Cash Flow Conversion Efficiency for Kings Entertainment Group Inc. (2020–2022)
The table below shows the annual cash flow conversion efficiency of Kings Entertainment Group Inc. from 2020 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | $1.58 Million | $-4.09 Million | -2.579x | -5479.36% |
| 2021-12-31 | $6.47 Million | $310.34K | 0.048x | +103.11% |
| 2020-12-31 | $401.13K | $-618.98K | -1.543x | -- |