Growlife Inc
GrowLife, Inc. focuses on the functional mushroom business. It processes, stores, markets, distributes, and sells fresh and dried mushroom products. The company was founded in 2012 and is headquartered in Kirkland, Washington.
Growlife Inc (PHOT) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 0.027x
Based on the latest financial reports, Growlife Inc (PHOT) has a cash flow conversion efficiency ratio of 0.027x 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 ($-306.10K) by net assets ($-11.36 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Growlife Inc - Cash Flow Conversion Efficiency Trend (2003–2022)
This chart illustrates how Growlife 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.
Growlife Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Growlife Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Hercules Site Services PLC
LSE:HERC
|
0.120x |
|
Life Electric Vehicles Holdings Inc.
PINK:LFEV
|
0.000x |
|
Iron Wolf Studio S.A.
WAR:IWS
|
N/A |
|
iCapital.biz Berhad
KLSE:5108
|
-0.071x |
|
SASFIN HOLD
BE:47S
|
N/A |
|
Honda Atlas Cars (Pakistan) Ltd
KAR:HCAR
|
0.230x |
|
CN PETRO & CHEM -H-
MU:CHU
|
0.057x |
|
Ever-Glory International Group Inc.
PINK:EVKG
|
0.011x |
Annual Cash Flow Conversion Efficiency for Growlife Inc (2003–2022)
The table below shows the annual cash flow conversion efficiency of Growlife Inc from 2003 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | $-8.41 Million | $-1.32 Million | 0.156x | -36.54% |
| 2021-12-31 | $-5.93 Million | $-1.46 Million | 0.246x | -9.36% |
| 2020-12-31 | $-7.17 Million | $-1.95 Million | 0.272x | -56.69% |
| 2019-12-31 | $-4.63 Million | $-2.91 Million | 0.628x | +107.01% |
| 2018-12-31 | $430.37K | $-3.85 Million | -8.956x | -2601.50% |
| 2017-12-31 | $-5.82 Million | $-2.08 Million | 0.358x | +98.08% |
| 2016-12-31 | $-6.71 Million | $-1.21 Million | 0.181x | -20.64% |
| 2015-12-31 | $-6.04 Million | $-1.38 Million | 0.228x | -75.98% |
| 2014-12-31 | $-2.24 Million | $-2.12 Million | 0.948x | +209.32% |
| 2013-12-31 | $-5.84 Million | $-1.79 Million | 0.306x | -90.37% |
| 2012-12-31 | $-337.36K | $-1.07 Million | 3.182x | -23.76% |
| 2011-12-31 | $-358.11K | $-1.49 Million | 4.173x | +491.22% |
| 2010-12-31 | $-80.75K | $-56.99K | 0.706x | +117.55% |
| 2009-12-31 | $5.18K | $-20.82K | -4.021x | -182.11% |
| 2008-12-31 | $29.05K | $-41.40K | -1.425x | -24.72% |
| 2007-12-31 | $70.00K | $-80.00K | -1.143x | -116.59% |
| 2004-12-31 | $1.13 Million | $-594.01K | -0.528x | +43.22% |
| 2003-12-31 | $965.88K | $-897.52K | -0.929x | -- |