Ovation Science Inc
Ovation Science Inc. engages in the production, sub-licensing, and sale of cannabis or hemp products in the United States. The company's patented skin delivery technology Invisicare, a patented polymer-based technology for topical and transdermal skin care products under the Ovation brand name. It also offers cannabis health and wellness solutions under the Invibe MD name; anti-aging products and… Read more
Ovation Science Inc (OVATF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.002x
Based on the latest financial reports, Ovation Science Inc (OVATF) has a cash flow conversion efficiency ratio of 0.002x as of September 2025.
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 ($-3.06K) by net assets ($-1.42 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Ovation Science Inc - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Ovation Science 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.
Ovation Science Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Ovation Science Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Fanhua Inc.
NASDAQ:AIFU
|
0.026x |
|
CONSOLIDATED EDISON - Dusseldorf Stock Exchang
DU:EDC
|
0.018x |
|
ZHENRO PROP.GRP DL-00001
F:1ZZ
|
N/A |
|
Hiremii Ltd
AU:HMI
|
-0.436x |
|
Lifeist Wellness Inc.
OTCQB:LFSWF
|
-0.325x |
|
PACCAR (PAE.SG)
STU:PAE
|
0.069x |
|
Sawang Export Public Company Limited
BK:SAWANG
|
-0.029x |
|
Infield Minerals Corp
V:INFD
|
-0.006x |
Annual Cash Flow Conversion Efficiency for Ovation Science Inc (2017–2024)
The table below shows the annual cash flow conversion efficiency of Ovation Science Inc from 2017 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $-1.09 Million | $-178.82K | 0.164x | -68.18% |
| 2023-12-31 | $-652.10K | $-336.02K | 0.515x | -93.63% |
| 2022-12-31 | $-82.95K | $-670.80K | 8.087x | +744.70% |
| 2021-12-31 | $706.15K | $-885.75K | -1.254x | -181.48% |
| 2020-12-31 | $3.11 Million | $-1.39 Million | -0.446x | +30.90% |
| 2019-12-31 | $1.48 Million | $-952.90K | -0.645x | -268.74% |
| 2018-12-31 | $2.19 Million | $-382.92K | -0.175x | -65.00% |
| 2017-12-31 | $565.41K | $-59.93K | -0.106x | -- |