Solar Integrated Roofing Corp
Solar Integrated Roofing Corporation operates as an integrated and single-source solar power, EV charging, microgrids, and roofing systems installation company in the United States. It serves government, commercial and residential facilities, and properties. The company was formerly known as Landstar Development Group, Inc. and changed its name to Solar Integrated Roofing Corporation in November … Read more
Solar Integrated Roofing Corp (SIRC) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: -0.001x
Based on the latest financial reports, Solar Integrated Roofing Corp (SIRC) has a cash flow conversion efficiency ratio of -0.001x 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 ($24.03K) by net assets ($-34.04 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Solar Integrated Roofing Corp - Cash Flow Conversion Efficiency Trend (2007–2023)
This chart illustrates how Solar Integrated Roofing 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.
Solar Integrated Roofing Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Solar Integrated Roofing Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Strategic Equity Capital Closed Fund
LSE:SEC
|
0.004x |
|
KENYA AIRWAYS LTD
USE:KA
|
N/A |
|
West River Berhad
KLSE:0353
|
N/A |
|
PMCK Berhad
KLSE:0363
|
0.072x |
|
Easycall Communications Philippines Inc
PSE:ECP
|
0.183x |
|
Decimus Oil Corp.
V:WCSB
|
N/A |
|
CAPITAL METALS LS-002
F:N9R
|
N/A |
|
Dear Cashmere Holding Company
PINK:DRCR
|
0.009x |
Annual Cash Flow Conversion Efficiency for Solar Integrated Roofing Corp (2007–2023)
The table below shows the annual cash flow conversion efficiency of Solar Integrated Roofing Corp from 2007 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $-24.70 Million | $-3.12 Million | 0.126x | +422.05% |
| 2022-12-31 | $90.71 Million | $-3.56 Million | -0.039x | -219.61% |
| 2021-12-31 | $48.60 Million | $-596.03K | -0.012x | -100.38% |
| 2020-12-31 | $-1.13 Million | $-3.68 Million | 3.268x | +4891.53% |
| 2019-12-31 | $-3.08 Million | $-201.38K | 0.065x | -83.95% |
| 2018-12-31 | $-1.75 Million | $-714.51K | 0.408x | +9.91% |
| 2017-12-31 | $-1.57 Million | $-581.38K | 0.371x | +549.25% |
| 2016-12-31 | $9.11 Million | $-752.73K | -0.083x | -165.52% |
| 2015-12-31 | $8.83 Million | $1.11 Million | 0.126x | +107.98% |
| 2014-12-31 | $153.36K | $-242.37K | -1.580x | -488.57% |
| 2009-12-31 | $379.69K | $-101.95K | -0.269x | -134.08% |
| 2008-12-31 | $470.34K | $-53.95K | -0.115x | +65.15% |
| 2007-12-31 | $1.20 Million | $-394.69K | -0.329x | -- |