ParcelPal Technology Inc
ParcelPal Logistics Inc., a courier and logistics company, provides last-mile delivery service and logistics solutions. The company connects people and businesses through its network of couriers in Vancouver, Calgary, and Toronto, Canada, as well as in the western region of the United States. It offers delivery and logistics solutions for business to business, business to customer, and other crea… Read more
ParcelPal Technology Inc (PTNYF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2023: -0.143x
Based on the latest financial reports, ParcelPal Technology Inc (PTNYF) has a cash flow conversion efficiency ratio of -0.143x as of September 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 ($323.06K) by net assets ($-2.26 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
ParcelPal Technology Inc - Cash Flow Conversion Efficiency Trend (2011–2022)
This chart illustrates how ParcelPal Technology 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.
ParcelPal Technology Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of ParcelPal Technology Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Primary Bank
PINK:PRMY
|
N/A |
|
First Eagle Alternative Capital BDC Inc
NYSE:FCRX
|
0.001x |
|
Blackstone Secured Lending Fund
NYSE:BXSL
|
-0.069x |
|
GAS NATURAL SDG - Dusseldorf Stock Exchang
DU:GAN
|
0.043x |
|
Oxford Lane Capital Corp. 7.125% Series 2029 Term Preferred Stock
NASDAQ:OXLCN
|
0.240x |
|
Small Cap Premium & Dividend Income Fund Inc
NYSE:RCC
|
0.134x |
|
BCP
BC:BCP
|
N/A |
|
Lang & Schwarz AG
LSE:0RS1
|
0.009x |
Annual Cash Flow Conversion Efficiency for ParcelPal Technology Inc (2011–2022)
The table below shows the annual cash flow conversion efficiency of ParcelPal Technology Inc from 2011 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | $-1.77 Million | $-1.04 Million | 0.591x | +111.39% |
| 2021-12-31 | $207.60K | $-1.08 Million | -5.187x | -1306.33% |
| 2020-12-31 | $-2.16 Million | $-927.13K | 0.430x | +106.23% |
| 2019-12-31 | $390.14K | $-2.69 Million | -6.902x | -1220.73% |
| 2018-12-31 | $2.21 Million | $-1.16 Million | -0.523x | +72.13% |
| 2017-12-31 | $401.89K | $-753.68K | -1.875x | +46.32% |
| 2016-12-31 | $185.89K | $-649.43K | -3.494x | -659.43% |
| 2015-12-31 | $263.38K | $-121.16K | -0.460x | -142.87% |
| 2014-12-31 | $-75.44K | $-80.97K | 1.073x | -15.45% |
| 2013-12-31 | $-435.19K | $-552.39K | 1.269x | +115.65% |
| 2012-12-31 | $43.27K | $-350.91K | -8.110x | -674.10% |
| 2011-12-31 | $-96.12K | $-135.77K | 1.413x | -- |