Mobi724 Global Solutions Inc
Mobi724 Global Solutions Inc., a fintech company, provides various integrated data-driven business and artificial intelligence powered card-linked offers and reward solutions in Canada and Argentina. The company was formerly known as Hybrid Paytech World Inc. and changed its name to Mobi724 Global Solutions Inc. in February 2015. Mobi724 Global Solutions Inc. was incorporated in 2005 and is headq… Read more
Mobi724 Global Solutions Inc (MOBIF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2023: -0.018x
Based on the latest financial reports, Mobi724 Global Solutions Inc (MOBIF) has a cash flow conversion efficiency ratio of -0.018x as of December 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 ($283.45K) by net assets ($-15.38 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Mobi724 Global Solutions Inc - Cash Flow Conversion Efficiency Trend (2009–2022)
This chart illustrates how Mobi724 Global Solutions 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.
Mobi724 Global Solutions Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Mobi724 Global Solutions Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Sure-Tech Investments LP
TA:STEC
|
-0.034x |
|
Quantum D C Public Company Limited
BK:QDC
|
-0.089x |
|
BONTERRA ENERGY
BE:QNC1
|
0.062x |
|
Electricity Generating PCL
STU:ECGF
|
0.000x |
|
Hanil Iron & Steel Co. Ltd.
KQ:002220
|
N/A |
|
Australis Capital Inc
PINK:AUSAF
|
-0.118x |
|
CITIC SECURITIES-H-
MU:CI9
|
0.261x |
|
HEMOGENYX PHARM.PLC LS-01
F:5HU
|
N/A |
Annual Cash Flow Conversion Efficiency for Mobi724 Global Solutions Inc (2009–2022)
The table below shows the annual cash flow conversion efficiency of Mobi724 Global Solutions Inc from 2009 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | $-12.36 Million | $-2.28 Million | 0.185x | -56.67% |
| 2021-12-31 | $-8.57 Million | $-3.65 Million | 0.426x | +72.90% |
| 2020-12-31 | $-5.61 Million | $-1.38 Million | 0.247x | +100.57% |
| 2019-12-31 | $83.05K | $-3.62 Million | -43.630x | -3763.00% |
| 2018-12-31 | $3.75 Million | $-4.23 Million | -1.129x | -112.88% |
| 2017-12-31 | $9.11 Million | $-4.83 Million | -0.531x | +77.39% |
| 2016-12-31 | $1.48 Million | $-3.47 Million | -2.346x | -71.57% |
| 2015-12-31 | $1.49 Million | $-2.03 Million | -1.367x | -117.29% |
| 2014-12-31 | $-635.10K | $-5.02 Million | 7.908x | +855.65% |
| 2013-12-31 | $-5.53 Million | $-4.58 Million | 0.828x | -93.39% |
| 2012-12-31 | $-231.51K | $-2.90 Million | 12.527x | +1610.81% |
| 2011-12-31 | $-1.92 Million | $-1.41 Million | 0.732x | -8.63% |
| 2010-12-31 | $-475.49K | $-381.03K | 0.801x | +253.95% |
| 2009-12-31 | $170.46K | $-88.72K | -0.521x | -- |