Medican Enterprises
Medican Enterprises, Inc. focuses on sports and entertainment investments, holding stakes in basketball franchises, digital media assets, and sports-related non-fungible tokens (NFTs). The company offers basketball team ownership, sports real estate interests, media content, and digital collectibles. It also manages and develops basketball teams; produces and licenses sports-related media content… Read more
Medican Enterprises (MDCN) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2022: 0.157x
Based on the latest financial reports, Medican Enterprises (MDCN) has a cash flow conversion efficiency ratio of 0.157x as of September 2022.
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 ($4.46 Million) by net assets ($28.43 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Medican Enterprises - Cash Flow Conversion Efficiency Trend (2000–2022)
This chart illustrates how Medican Enterprises's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Medican Enterprises Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Medican Enterprises ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
SFLMaven Corp
PINK:SFLM
|
0.000x |
|
Avix Technologies Inc
PINK:AVIX
|
0.004x |
|
Artificial Life Inc
PINK:ALIF
|
0.016x |
|
Tradestar Resources Corporation
PINK:TSRR
|
0.463x |
|
Snoogoo Corp
PINK:SGOO
|
-0.001x |
|
Canopus BioPharma Incorporated
PINK:CBIA
|
0.849x |
|
Nexity Financial Corporation
PINK:NXTYQ
|
N/A |
|
Greyson International Inc
PINK:GYSN
|
0.003x |
Annual Cash Flow Conversion Efficiency for Medican Enterprises (2000–2022)
The table below shows the annual cash flow conversion efficiency of Medican Enterprises from 2000 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | $28.43 Million | $5.97 Million | 0.210x | +213.05% |
| 2021-12-31 | $18.08 Million | $1.21 Million | 0.067x | -93.83% |
| 2020-12-31 | $12.60 Million | $13.71 Million | 1.088x | +2425.97% |
| 2019-12-31 | $6.76 Million | $291.08K | 0.043x | -88.01% |
| 2014-12-31 | $-8.30 Million | $-2.98 Million | 0.359x | +431.08% |
| 2013-12-31 | $-296.89K | $-20.08K | 0.068x | -26.40% |
| 2012-12-31 | $-103.02K | $-9.47K | 0.092x | -3.80% |
| 2011-12-31 | $-84.11K | $-8.04K | 0.096x | -15.85% |
| 2010-12-31 | $-76.08K | $-8.64K | 0.114x | +100.05% |
| 2004-12-31 | $1.11K | $-240.29K | -215.507x | -3443298.94% |
| 2003-12-31 | $-876.08K | $5.48K | -0.006x | +93.29% |
| 2002-12-31 | $-268.41K | $25.05K | -0.093x | -126.29% |
| 2001-12-31 | $-266.95K | $-94.77K | 0.355x | -23.99% |
| 2000-12-31 | $-192.29K | $-89.80K | 0.467x | -- |