Redwood Scientific Technologies Inc
Redwood Scientific Technologies, Inc. develops and markets over-the-counter FDA registered drugs through oral strip delivery technology. The company is based in Claremont, California.
Redwood Scientific Technologies Inc (RSCI) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2023: 1.814x
Based on the latest financial reports, Redwood Scientific Technologies Inc (RSCI) has a cash flow conversion efficiency ratio of 1.814x as of December 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 ($-352.94K) by net assets ($-194.61K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Redwood Scientific Technologies Inc - Cash Flow Conversion Efficiency Trend (2009–2023)
This chart illustrates how Redwood Scientific Technologies 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.
Redwood Scientific Technologies Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Redwood Scientific Technologies Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Birlesim Grup Enerji
IS:BIGEN
|
N/A |
|
Sincerity Applied Materials Holdings Corp
PINK:SINC
|
-4.017x |
|
A Soriano Corp
PSE:ANS
|
0.027x |
|
MEDICAL DEVTS INTL
BE:M5D
|
N/A |
|
Hapugastenne Plantations PLC
CM:HAPUN0000
|
N/A |
|
LT Group Inc
PSE:LTG
|
0.134x |
|
DOLPHIN CAP INVEST
BE:D5S
|
N/A |
|
Profit Planners Management Inc
PINK:PPMT
|
-0.265x |
Annual Cash Flow Conversion Efficiency for Redwood Scientific Technologies Inc (2009–2023)
The table below shows the annual cash flow conversion efficiency of Redwood Scientific Technologies Inc from 2009 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $-194.61K | $-1.17 Million | 6.005x | -- |
| 2022-12-31 | $-143.71K | $0.00 | 0.000x | -- |
| 2020-12-31 | $0.13 | $-49.30K | -379261.538x | -291389085.60% |
| 2017-12-31 | $-718.63K | $93.53K | -0.130x | -114.57% |
| 2016-12-31 | $-1.14 Million | $-1.01 Million | 0.893x | +9898.51% |
| 2015-12-31 | $-683.42K | $-6.11K | 0.009x | -44.26% |
| 2014-12-31 | $-380.93K | $-6.11K | 0.016x | -96.53% |
| 2011-12-31 | $-2.33 Million | $-1.08 Million | 0.463x | +34.62% |
| 2010-12-31 | $-1.50 Million | $-513.82K | 0.344x | -4.15% |
| 2009-12-31 | $-748.38K | $-268.29K | 0.358x | -- |