SFTCF
Softchoice Corporation designs, procures, implements, and manages information technology (IT) solutions in Canada and the United States. The company offers cloud and data center solutions, such as data center and application modernization; collaboration and digital workplace solutions comprising secure access, and adoption and change management; IT asset management solutions, including software a… Read more
SFTCF (SFTCF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 0.099x
Based on the latest financial reports, SFTCF (SFTCF) has a cash flow conversion efficiency ratio of 0.099x 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 ($-11.01 Million) by net assets ($-111.54 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
SFTCF - Cash Flow Conversion Efficiency Trend (2020–2023)
This chart illustrates how SFTCF's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
SFTCF Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of SFTCF ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
IMMOFINANZ AG
VI:IIA
|
0.061x |
|
Bravura Solutions Limited
PINK:BVSFF
|
0.357x |
|
Accolade, Inc.
NASDAQ:ACCD
|
-0.031x |
|
Shanghai Koal Software Co Ltd
SHG:603232
|
0.000x |
|
Alembic Pharmaceuticals Limited
NSE:APLLTD
|
0.076x |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
0.018x |
|
Guangdong LingXiao Pump Industry Co Ltd
SHE:002884
|
0.076x |
|
Guangdong Jiaying Pharmaceutical Co Ltd
SHE:002198
|
-0.065x |
Annual Cash Flow Conversion Efficiency for SFTCF (2020–2023)
The table below shows the annual cash flow conversion efficiency of SFTCF from 2020 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $57.91 Million | $99.88 Million | 1.725x | +72.73% |
| 2022-12-31 | $40.11 Million | $40.05 Million | 0.999x | +8.22% |
| 2021-12-31 | $58.23 Million | $53.73 Million | 0.923x | +140.31% |
| 2020-12-31 | $-27.47 Million | $-10.55 Million | 0.384x | -- |