Phinergy Ltd
Phinergy Ltd. develops clean and high energy-density systems based on metal-air technology. The company offers aluminum-air and zinc-air technology, which provide clean energy generation and storage solutions for various applications in electric mobility, energy backup, and renewable energy storage. It offers energy backup, electric transportation, and energy storage solutions. The company was fo… Read more
Phinergy Ltd (PHNGF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: -0.325x
Based on the latest financial reports, Phinergy Ltd (PHNGF) has a cash flow conversion efficiency ratio of -0.325x 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 ($-27.25 Million) by net assets ($83.94 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Phinergy Ltd - Cash Flow Conversion Efficiency Trend (2019–2023)
This chart illustrates how Phinergy 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.
Phinergy Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Phinergy Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
IKKA Holdings (Cayman) Limited
TW:2250
|
0.009x |
|
LEE S PHARMACEUTIC.HD-05
F:L1PA
|
N/A |
|
SK D&D Co Ltd
KO:210980
|
-0.133x |
|
Professional Computer Technology Ltd
TWO:6270
|
0.039x |
|
Nilörngruppen AB
PINK:NLLGF
|
0.088x |
|
SAGA COMMUNICATNS A DL-01
F:SGHB
|
N/A |
|
BROOGE ENERGY DL-0001
F:3SF
|
N/A |
|
Duksung
KO:004830
|
0.014x |
Annual Cash Flow Conversion Efficiency for Phinergy Ltd (2019–2023)
The table below shows the annual cash flow conversion efficiency of Phinergy Ltd from 2019 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $61.61 Million | $-44.35 Million | -0.720x | -67.16% |
| 2022-12-31 | $91.80 Million | $-39.53 Million | -0.431x | -71.22% |
| 2021-12-31 | $134.24 Million | $-33.76 Million | -0.252x | -144.16% |
| 2020-12-31 | $-45.50 Million | $-25.92 Million | 0.570x | +376.26% |
| 2019-12-31 | $-184.66 Million | $-22.08 Million | 0.120x | -- |