Novagant Corp
Novagant Corp. provides logistics services in Hong Kong and China. The company offers transportation, including air and ocean freight services. It serves customers from various industries, such as pharmaceutical, FMCG, packaging, health care, health beauty, and other industries. Novagant Corp. is based in Kwun Tong, Hong Kong.
Novagant Corp (NVGT) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2023: 0.016x
Based on the latest financial reports, Novagant Corp (NVGT) has a cash flow conversion efficiency ratio of 0.016x 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 ($-5.20K) by net assets ($-325.60K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Novagant Corp - Cash Flow Conversion Efficiency Trend (2004–2023)
This chart illustrates how Novagant 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.
Novagant Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Novagant Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
KALPATARU
NSE:KALPATARU
|
0.031x |
|
SunBio Inc.
KO:067370
|
N/A |
|
North American Financial 15 Split Corp
PINK:FNCSF
|
0.172x |
|
LTSV
PINK:LTSV
|
N/A |
|
NEW HOPE CORPN (OD8.SG)
STU:OD8
|
N/A |
|
Turn Therapeutics Inc. Common Stock
NASDAQ:TTRX
|
N/A |
|
BYD ELECTRONIC (4BY.SG)
STU:4BY
|
N/A |
|
TMP Group S.p.A.
F:A72
|
N/A |
Annual Cash Flow Conversion Efficiency for Novagant Corp (2004–2023)
The table below shows the annual cash flow conversion efficiency of Novagant Corp from 2004 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-03-31 | $-273.83K | $4.98K | -0.018x | +61.46% |
| 2022-03-31 | $-222.92K | $10.53K | -0.047x | +95.61% |
| 2021-03-31 | $-12.77K | $13.72K | -1.075x | -558.80% |
| 2020-03-31 | $-139.35K | $-32.64K | 0.234x | 0.00% |
| 2015-03-31 | $-139.35K | $-32.64K | 0.234x | -72.94% |
| 2014-03-31 | $-74.30K | $-64.33K | 0.866x | -71.20% |
| 2013-03-31 | $-16.88K | $-50.74K | 3.006x | +61755.67% |
| 2010-03-31 | $-1.50 Million | $-7.28K | 0.005x | -83.54% |
| 2009-03-31 | $-91.46K | $-2.70K | 0.030x | 0.00% |
| 2008-03-31 | $-91.46K | $-2.70K | 0.030x | -82.24% |
| 2007-03-31 | $-91.46K | $-15.20K | 0.166x | -64.99% |
| 2004-03-31 | $-91.44K | $-43.40K | 0.475x | -- |