Newhydrogen Inc
NewHydrogen, Inc. engages in the development of clean energy technologies. It engages in the development of electrolyzer technology to lower the cost of green hydrogen production. The company focuses on reducing or replacing rare earth materials, to help usher in the green hydrogen economy. The company was formerly known as BioSolar, Inc. and changed its name to NewHydrogen, Inc. in April 2021. N… Read more
Newhydrogen Inc (NEWH) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2024: -0.181x
Based on the latest financial reports, Newhydrogen Inc (NEWH) has a cash flow conversion efficiency ratio of -0.181x as of December 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 ($-384.77K) by net assets ($2.12 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Newhydrogen Inc - Cash Flow Conversion Efficiency Trend (2006–2024)
This chart illustrates how Newhydrogen 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.
Newhydrogen Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Newhydrogen Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Norcod As
OL:NCOD
|
-0.333x |
|
Kishin Corporation
KO:092440
|
0.004x |
|
Evrofarma SA
AT:EVROF
|
-0.018x |
|
SDS Group Bhd
KLSE:0212
|
0.159x |
|
Summer Energy Holdings Inc
OTCQB:SUME
|
0.045x |
|
MODISON LIMITED
NSE:MODISONLTD
|
0.014x |
|
BioSig Technologies, Inc. Common Stock
OTCQB:BSGM
|
0.367x |
|
Shinhwa Contech Co. Ltd
KQ:187270
|
0.021x |
Annual Cash Flow Conversion Efficiency for Newhydrogen Inc (2006–2024)
The table below shows the annual cash flow conversion efficiency of Newhydrogen Inc from 2006 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $-1.36 Billion | $-1.57 Billion | 1.154x | +469.60% |
| 2023-12-31 | $3.70 Million | $-1.16 Million | -0.312x | +16.02% |
| 2022-12-31 | $4.87 Million | $-1.81 Million | -0.372x | -19.31% |
| 2021-12-31 | $6.69 Million | $-2.08 Million | -0.312x | -7414.97% |
| 2020-12-31 | $-151.91 Million | $-647.30K | 0.004x | -92.75% |
| 2019-12-31 | $-12.22 Million | $-718.40K | 0.059x | +58.45% |
| 2018-12-31 | $-17.00 Million | $-630.98K | 0.037x | -49.31% |
| 2017-12-31 | $-7.65 Million | $-560.48K | 0.073x | -27.59% |
| 2016-12-31 | $-6.64 Million | $-671.86K | 0.101x | +28.42% |
| 2015-12-31 | $-8.72 Million | $-686.98K | 0.079x | -40.21% |
| 2014-12-31 | $-3.59 Million | $-472.13K | 0.132x | -89.78% |
| 2013-12-31 | $-352.74K | $-454.57K | 1.289x | -68.40% |
| 2012-12-31 | $-100.95K | $-411.74K | 4.078x | +249.05% |
| 2011-12-31 | $259.90K | $-711.19K | -2.736x | +20.22% |
| 2010-12-31 | $234.42K | $-804.03K | -3.430x | -223.89% |
| 2009-12-31 | $615.81K | $-652.11K | -1.059x | +33.61% |
| 2008-12-31 | $540.41K | $-862.01K | -1.595x | -127.21% |
| 2007-12-31 | $1.07 Million | $-753.32K | -0.702x | -251.80% |
| 2006-12-31 | $1.18 Million | $-235.41K | -0.200x | -- |