Nextgen Food Robotics Corp
Nextgen Food Robotics Corp. operates as multi-division food manufacturer. It operates commissary and ghost kitchen division that offers support and services to food entrepreneurs; and co-pack and private label contract manufacturing division, which uses automated robotic equipment to manufacture food products for the retail sector, as well as offers in-house production of its plant-based brand. T… Read more
Nextgen Food Robotics Corp (NGRBF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of January 2024: -0.157x
Based on the latest financial reports, Nextgen Food Robotics Corp (NGRBF) has a cash flow conversion efficiency ratio of -0.157x as of January 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 ($-421.71K) by net assets ($2.68 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Nextgen Food Robotics Corp - Cash Flow Conversion Efficiency Trend (2022–2023)
This chart illustrates how Nextgen Food Robotics Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Nextgen Food Robotics Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Nextgen Food Robotics Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
In the F Co. Ltd.
KQ:014990
|
N/A |
|
Ambeon Holdings PLC
CM:GREGN0000
|
N/A |
|
Avemio AG
XETRA:AV2
|
N/A |
|
African Dawn Capital Ltd
JSE:ADW
|
0.088x |
|
Mitchell’s Fruit Farms Ltd
KAR:MFFL
|
N/A |
|
ONE MORE LEV.ABC ZY 01
F:1OJ
|
N/A |
|
Tom Tailor Holding SE
HM:TTI
|
-0.050x |
|
Harvest Power China Clean
SHG:508026
|
N/A |
Annual Cash Flow Conversion Efficiency for Nextgen Food Robotics Corp (2022–2023)
The table below shows the annual cash flow conversion efficiency of Nextgen Food Robotics Corp from 2022 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-04-30 | $2.00 Million | $-1.28 Million | -0.643x | -98.75% |
| 2022-04-30 | $3.70 Million | $-1.20 Million | -0.323x | -- |