Quality Online Education Group Inc
Quality Online Education Group Inc., an e-learning company, provides online English lessons to students worldwide. The company offers online English programs for K12 and adults, white label online tutoring services, and end-to-end management software solutions for education institutions. It also provides online English tutor solutions to business customers through direct sales. The company was fo… Read more
Quality Online Education Group Inc (QOEG) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of August 2023: 0.056x
Based on the latest financial reports, Quality Online Education Group Inc (QOEG) has a cash flow conversion efficiency ratio of 0.056x as of August 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 ($-189.07K) by net assets ($-3.39 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Quality Online Education Group Inc - Cash Flow Conversion Efficiency Trend (2007–2023)
This chart illustrates how Quality Online Education Group 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.
Quality Online Education Group Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Quality Online Education Group Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Archidply Decor Limited
NSE:ADL
|
0.012x |
|
SODEP-Marsa Maroc
BC:SODEP-Marsa-Maroc
|
N/A |
|
ITRON (IT6.SG)
STU:IT6
|
0.048x |
|
Glucose Health Inc
PINK:GLUC
|
0.004x |
|
Manz AG
PINK:MANZF
|
-0.114x |
|
Titanium Holdings Group Inc
PINK:TTHG
|
-0.030x |
|
ODINWELL AB
F:0AF
|
N/A |
|
GBL - Dusseldorf Stock Exchang
DU:EAI
|
N/A |
Annual Cash Flow Conversion Efficiency for Quality Online Education Group Inc (2007–2023)
The table below shows the annual cash flow conversion efficiency of Quality Online Education Group Inc from 2007 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-08-31 | $-3.39 Million | $80.39K | -0.024x | -100.72% |
| 2022-08-31 | $-982.12K | $-3.22 Million | 3.276x | -3.22% |
| 2021-08-31 | $-429.08K | $-1.45 Million | 3.385x | +298.39% |
| 2020-08-31 | $1.47 Million | $-2.50 Million | -1.706x | -131.91% |
| 2019-08-31 | $1.47 Million | $-1.08 Million | -0.736x | -75.35% |
| 2014-08-31 | $1.60 Million | $-670.29K | -0.420x | +96.86% |
| 2013-08-31 | $-78.85K | $1.05 Million | -13.371x | -6538.48% |
| 2011-08-31 | $-73.64K | $-15.29K | 0.208x | -89.24% |
| 2010-08-31 | $-9.67K | $-18.66K | 1.929x | -72.27% |
| 2009-08-31 | $-17.03K | $-118.51K | 6.957x | 0.00% |
| 2008-08-31 | $-17.03K | $-118.51K | 6.957x | +462.18% |
| 2007-08-31 | $-121.03K | $-149.78K | 1.238x | -- |