Royal Wins Corporation
Royal Wins Corporation, a digital games studio, designs, develops, and operates real-cash prize skill games. The company also engages in the skill game wagering and betting on mobile casual games. It operates the Kash Karnival, a skill gaming application. The company is based in Toronto, Canada.
Royal Wins Corporation (RYWCF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2022: 0.086x
Based on the latest financial reports, Royal Wins Corporation (RYWCF) has a cash flow conversion efficiency ratio of 0.086x as of June 2022.
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 ($-416.75K) by net assets ($-4.86 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Royal Wins Corporation - Cash Flow Conversion Efficiency Trend (2020–2022)
This chart illustrates how Royal Wins Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Royal Wins Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Royal Wins Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
China ZhengTong Auto Services Holdings Limited
PINK:CZASF
|
-0.070x |
|
Industrial Investment Trust Limited
NSE:IITL
|
0.148x |
|
Kuniko Ltd
AU:KNI
|
-0.111x |
|
VERISIGN - Dusseldorf Stock Exchang
DU:VRS
|
-0.133x |
|
CATCo Reinsurance Opps C
LSE:CATC
|
2.027x |
|
Vidhance AB (publ)
F:8W50
|
-0.140x |
|
Invion Limited
PINK:IVIXF
|
-0.223x |
|
Silver Wolf Exploration Ltd
OTCQB:SWLFF
|
0.020x |
Annual Cash Flow Conversion Efficiency for Royal Wins Corporation (2020–2022)
The table below shows the annual cash flow conversion efficiency of Royal Wins Corporation from 2020 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-06-30 | $-4.86 Million | $-4.09 Million | 0.842x | +43.49% |
| 2021-06-30 | $-2.32 Million | $-1.36 Million | 0.587x | +24.24% |
| 2020-06-30 | $-2.09 Million | $-986.69K | 0.472x | -- |