Light Media Holdings Inc
Light Media Holdings, Inc. provides inspirational media content products, technology, and services through audio, video, print, and Internet platorms worldwide. It owns 88 Web-domains and distributes audio and video content, as well as sells Internet advertising through its network of Websites. The company also owns and operates a FM radio station (Power 105.5/The King) in Albany, Georgia. The co… Read more
Light Media Holdings Inc (LGMH) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: -3.602x
Based on the latest financial reports, Light Media Holdings Inc (LGMH) has a cash flow conversion efficiency ratio of -3.602x as of June 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 ($-120.56K) by net assets ($33.47K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Light Media Holdings Inc - Cash Flow Conversion Efficiency Trend (2009–2023)
This chart illustrates how Light Media Holdings 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.
Light Media Holdings Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Light Media Holdings Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Telecard Ltd
KAR:TELE
|
N/A |
|
Great Wall Pan Asia Holdings Limited
F:MPY
|
N/A |
|
Underwood Capital Limited
F:2P9
|
N/A |
|
Global Helium Corp
PINK:HECOF
|
0.224x |
|
IKEJA HOTELS PLC
XNSA:IKEJAHOTEL
|
N/A |
|
ITTEFAQ Iron Industries Ltd
KAR:ITTEFAQ
|
N/A |
|
Antera Ventures II Corp.
V:AVII-P
|
-0.001x |
|
Golden Grail Technology Corp
PINK:GOGY
|
0.004x |
Annual Cash Flow Conversion Efficiency for Light Media Holdings Inc (2009–2023)
The table below shows the annual cash flow conversion efficiency of Light Media Holdings Inc from 2009 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $162.22K | $-116.37K | -0.717x | -286.50% |
| 2022-12-31 | $223.64K | $-41.51K | -0.186x | +76.70% |
| 2021-12-31 | $77.88K | $-62.03K | -0.796x | -188.44% |
| 2020-12-31 | $308.74K | $-85.25K | -0.276x | +61.84% |
| 2019-12-31 | $102.77K | $-74.37K | -0.724x | -178.52% |
| 2018-12-31 | $83.84K | $-21.78K | -0.260x | -10084.04% |
| 2012-12-31 | $1.34 Million | $3.48K | 0.003x | +101.02% |
| 2011-12-31 | $1.33 Million | $-340.46K | -0.255x | -4745.12% |
| 2010-12-31 | $1.18 Million | $6.50K | 0.005x | -97.91% |
| 2009-12-31 | $701.78K | $184.46K | 0.263x | -- |