Qualis Innovations Inc
Qualis Innovations, Inc., a clinical stage company, focuses on the development, production, and distribution of pain management and other central nervous system (CNS) based solutions in the United States. It develops SOLACE, a non-invasive medical device to use electromagnetic induction to generate deep heat below the surface of the skin to reduce and relieve pain. Qualis Innovations, Inc. is hea… Read more
Qualis Innovations Inc (QLIS) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: -2.404x
Based on the latest financial reports, Qualis Innovations Inc (QLIS) has a cash flow conversion efficiency ratio of -2.404x as of September 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 ($-16.78K) by net assets ($6.98K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Qualis Innovations Inc - Cash Flow Conversion Efficiency Trend (2006–2024)
This chart illustrates how Qualis Innovations 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.
Qualis Innovations Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Qualis Innovations Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Indosterling Technomedia Tbk
JK:TECH
|
-0.019x |
|
ClearStream Energy Services Inc
PINK:NWPIF
|
0.188x |
|
MASTEC (MY8.SG)
STU:MY8
|
0.098x |
|
Goff Corp
PINK:WNFT
|
-0.002x |
|
Galilee Energy Ltd
AU:GLL
|
59.704x |
|
Saudee Group Bhd
KLSE:5157
|
-0.023x |
|
Proteak Uno S.A.B. de C.V
MX:TEAKCPO
|
-0.004x |
|
Viratech Corp
PINK:VIRA
|
0.011x |
Annual Cash Flow Conversion Efficiency for Qualis Innovations Inc (2006–2024)
The table below shows the annual cash flow conversion efficiency of Qualis Innovations Inc from 2006 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $-522.96K | $-76.53K | 0.146x | 0.00% |
| 2023-12-31 | $-522.96K | $-76.53K | 0.146x | +105.87% |
| 2022-12-31 | $223.95K | $-558.43K | -2.493x | -142.29% |
| 2021-12-31 | $770.41K | $-792.84K | -1.029x | -143.80% |
| 2019-12-31 | $1.15 Million | $-487.34K | -0.422x | +29.52% |
| 2011-12-31 | $5.36 Million | $-3.21 Million | -0.599x | -173.20% |
| 2010-12-31 | $-203.90K | $-166.82K | 0.818x | 0.00% |
| 2010-07-31 | $-203.90K | $-166.82K | 0.818x | -79.87% |
| 2009-12-31 | $-195.36K | $-794.00K | 4.064x | +428.89% |
| 2008-12-31 | $2.12 Million | $-2.62 Million | -1.236x | -1833.73% |
| 2007-12-31 | $14.10 Million | $-901.38K | -0.064x | +62.34% |
| 2006-12-31 | $45.87K | $-7.78K | -0.170x | -- |