Profitable Develop
Profitable Developments, Inc. operates as a property development company. It is involved in the acquisition of financially distressed properties; the short and long term rental of properties; and the development of commercial property upon land, which was sold due to financial distress. The company was formerly known as Stratton Holdings, Inc. and changed its name to Profitable Developments, Inc.… Read more
Profitable Develop (PRDL) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: -0.074x
Based on the latest financial reports, Profitable Develop (PRDL) has a cash flow conversion efficiency ratio of -0.074x as of June 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 ($7.52K) by net assets ($-101.52K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Profitable Develop - Cash Flow Conversion Efficiency Trend (2010–2022)
This chart illustrates how Profitable Develop's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Profitable Develop Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Profitable Develop ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Cygnus eTransaction Group Inc
PINK:CYGT
|
0.605x |
|
Ceres Ventures Inc
PINK:CEVE
|
0.036x |
|
Imagenetix Inc
PINK:IAGX
|
-0.001x |
|
Creative Vistas Inc
PINK:CVAS
|
-0.064x |
|
Qed Connect Inc
PINK:QEDN
|
1.523x |
|
Koala Corporation
PINK:KARE
|
0.232x |
|
Ensurge Inc
PINK:ESGI
|
0.008x |
|
Tamino Minerals Inc
PINK:TINO
|
0.007x |
Annual Cash Flow Conversion Efficiency for Profitable Develop (2010–2022)
The table below shows the annual cash flow conversion efficiency of Profitable Develop from 2010 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | $-80.76K | $-76.95K | 0.953x | -65.33% |
| 2013-12-31 | $30.84 | $84.76 | 2.748x | +733.37% |
| 2012-12-31 | $-195.32K | $84.76K | -0.434x | -106.90% |
| 2011-12-31 | $-45.39K | $-285.60K | 6.292x | +238.65% |
| 2010-12-31 | $25.80K | $-117.10K | -4.538x | -- |