RedFlow Limited
RedFlow Limited develops, manufactures, and sells zinc-bromine flowing electrolyte batteries worldwide. It offers ZBM3 flow battery; quadpod and energy pods, scalable energy storage solutions; and battery management systems. The company's batteries are used in telecommunications, commercial and industrial, grid-scale, and residential applications. RedFlow Limited was founded in 2005 and is headqu… Read more
RedFlow Limited (REFXF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: -0.300x
Based on the latest financial reports, RedFlow Limited (REFXF) has a cash flow conversion efficiency ratio of -0.300x 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 ($-2.74 Million) by net assets ($9.12 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
RedFlow Limited - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how RedFlow Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
RedFlow Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of RedFlow Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Renuka City Hotel PLC
CM:RENUN0000
|
N/A |
|
CARTIER SAADA
BC:CARTIER-SAADA
|
N/A |
|
TOTAL PETROLEUM GHANA LTD
GSE:TOTAL
|
N/A |
|
New Asia Holdings Inc
PINK:NAHD
|
0.020x |
|
iValue Infosolutions Limited
NSE:IVALUE
|
N/A |
|
LUK FOOK HLDGS - Frankfurt Stock Exchang
F:LUY1
|
0.004x |
|
VANADIUMCORP RES.
F:NWNA
|
N/A |
|
HIGHL.GL ALLOC.
F:O60
|
N/A |
Annual Cash Flow Conversion Efficiency for RedFlow Limited (2016–2023)
The table below shows the annual cash flow conversion efficiency of RedFlow Limited from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-06-30 | $9.12 Million | $-12.70 Million | -1.393x | -37.70% |
| 2022-06-30 | $9.78 Million | $-9.90 Million | -1.012x | -35.40% |
| 2021-06-30 | $6.48 Million | $-4.84 Million | -0.747x | +8.72% |
| 2020-06-30 | $8.47 Million | $-6.94 Million | -0.819x | +0.58% |
| 2019-06-30 | $17.60 Million | $-14.49 Million | -0.824x | -53.46% |
| 2018-06-30 | $20.79 Million | $-11.16 Million | -0.537x | +92.60% |
| 2017-06-30 | $1.85 Million | $-13.39 Million | -7.253x | -730.80% |
| 2016-06-30 | $14.27 Million | $-12.46 Million | -0.873x | -- |