New Infinity Holdings Ltd
New Infinity Holdings, Ltd. operates a social networking application that links celebrities and their fans. Its online platform, Reel2U, lets people and celebrities schedule Webcasts where they showcase themselves, and interact and chat live with their audience. The company was formerly known as WiseMobi, Inc. and changed its name to New Infinity Holdings, Ltd. in February 2015. New Infinity Hold… Read more
New Infinity Holdings Ltd (NIHL) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: -0.001x
Based on the latest financial reports, New Infinity Holdings Ltd (NIHL) has a cash flow conversion efficiency ratio of -0.001x 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 ($89.40) by net assets ($-89.55K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
New Infinity Holdings Ltd - Cash Flow Conversion Efficiency Trend (2002–2023)
This chart illustrates how New Infinity Holdings Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
New Infinity Holdings Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of New Infinity Holdings Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Protocall Technologs
PINK:PCLI
|
0.439x |
|
Worldwide Healthcare Trust Plc
LSE:WWH
|
-0.002x |
|
Phoenix Global Mining Ltd
LSE:PXC
|
-0.011x |
|
ENM HLDGS (EMD.SG)
STU:EMD
|
N/A |
|
Invesco Perpetual UK Smaller Companies Investment Trust
LSE:IPU
|
0.144x |
|
iSign Solutions Inc
PINK:ISGN
|
0.014x |
|
HMP
WAR:HMP
|
N/A |
|
THE MAURITIUS DEVELOPMENT INVESTMENT TRUST LTD
SEM:MDIT
|
N/A |
Annual Cash Flow Conversion Efficiency for New Infinity Holdings Ltd (2002–2023)
The table below shows the annual cash flow conversion efficiency of New Infinity Holdings Ltd from 2002 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $-86.99K | $6.09K | -0.070x | -141.96% |
| 2022-12-31 | $-91.16K | $-15.21K | 0.167x | -37.59% |
| 2021-12-31 | $-76.25K | $-20.39K | 0.267x | +1.03% |
| 2020-12-31 | $-57.69K | $-15.27K | 0.265x | -45.18% |
| 2019-12-31 | $-40.98K | $-19.78K | 0.483x | -2.00% |
| 2018-12-31 | $-22.97K | $-11.31K | 0.493x | -73.87% |
| 2017-12-31 | $-6.99K | $-13.17K | 1.885x | -59.48% |
| 2016-12-31 | $-2.06K | $-9.59K | 4.653x | -- |
| 2009-12-31 | $-178.33K | $0.00 | 0.000x | -- |
| 2008-12-31 | $-175.83K | $0.00 | 0.000x | -- |
| 2002-12-31 | $-189.30K | $-736.65K | 3.891x | -- |