RediShred Capital Corp
RediShred Capital Corp., together with its subsidiaries, operates the Proshred franchise and license business in the United States. The company operates through three segments: Franchising and licensing, Corporate Locations, and Corporate. It grants and manages shredding business franchises under the Proshred brand, as well as operates corporate shredding locations. The company also provides shre… Read more
RediShred Capital Corp (RDCPF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 0.052x
Based on the latest financial reports, RediShred Capital Corp (RDCPF) has a cash flow conversion efficiency ratio of 0.052x 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 ($2.57 Million) by net assets ($49.52 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
RediShred Capital Corp - Cash Flow Conversion Efficiency Trend (2007–2023)
This chart illustrates how RediShred Capital Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
RediShred Capital Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of RediShred Capital Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Lingotes
MC:LGT
|
-0.062x |
|
Sugentech Inc
KQ:253840
|
-0.047x |
|
Yulon Nissan Motor Co Ltd
TW:2227
|
-0.007x |
|
Holiday Entertainment Co Ltd
TW:9943
|
0.098x |
|
NACL Industries Limited
NSE:NACLIND
|
-0.201x |
|
Airgain Inc
NASDAQ:AIRG
|
-0.014x |
|
XTI Aerospace, Inc.
NASDAQ:XTIA
|
-0.686x |
|
Outcrop Gold Corp
OTCQX:OCGSF
|
-0.117x |
Annual Cash Flow Conversion Efficiency for RediShred Capital Corp (2007–2023)
The table below shows the annual cash flow conversion efficiency of RediShred Capital Corp from 2007 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $47.13 Million | $12.78 Million | 0.271x | +10.67% |
| 2022-12-31 | $47.28 Million | $11.59 Million | 0.245x | +17.71% |
| 2021-12-31 | $40.36 Million | $8.40 Million | 0.208x | -7.95% |
| 2020-12-31 | $30.41 Million | $6.88 Million | 0.226x | +51.65% |
| 2019-12-31 | $29.90 Million | $4.46 Million | 0.149x | +0.58% |
| 2018-12-31 | $19.95 Million | $2.96 Million | 0.148x | -59.58% |
| 2017-12-31 | $6.69 Million | $2.45 Million | 0.367x | -88.94% |
| 2016-12-31 | $518.52K | $1.72 Million | 3.317x | +26.35% |
| 2015-12-31 | $530.01K | $1.39 Million | 2.625x | +212.09% |
| 2014-12-31 | $-366.29K | $857.79K | -2.342x | -3063.22% |
| 2013-12-31 | $-573.78K | $42.48K | -0.074x | -103.42% |
| 2012-12-31 | $-475.00K | $-1.03 Million | 2.168x | +1161.15% |
| 2011-12-31 | $2.28 Million | $-465.69K | -0.204x | -741.68% |
| 2010-12-31 | $4.09 Million | $-99.25K | -0.024x | +90.13% |
| 2009-12-31 | $5.29 Million | $-1.30 Million | -0.246x | -126.48% |
| 2008-12-31 | $6.70 Million | $-728.08K | -0.109x | -1468.34% |
| 2007-12-31 | $1.33 Million | $-9.19K | -0.007x | -- |