Sixth Wave Innovations Inc
Sixth Wave Innovations Inc., a development stage nanotechnology company, focuses on the extraction and detection of target substances at the molecular level using specialized molecularly imprinted polymers. The company is involved in the molecular engineering, materials extraction, detection, and purification activities. It is also in the process of commercializing its Affinity cannabinoid purifi… Read more
Sixth Wave Innovations Inc (SIXWF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of May 2023: 0.034x
Based on the latest financial reports, Sixth Wave Innovations Inc (SIXWF) has a cash flow conversion efficiency ratio of 0.034x as of May 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 ($-196.60K) by net assets ($-5.71 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Sixth Wave Innovations Inc - Cash Flow Conversion Efficiency Trend (2007–2022)
This chart illustrates how Sixth Wave Innovations 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.
Sixth Wave Innovations Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Sixth Wave Innovations Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
RNEW4F
SA:RNEW4F
|
N/A |
|
Cadence Minerals PLC
LSE:KDNC
|
-0.030x |
|
Fadel Partners Inc
LSE:FADL
|
N/A |
|
Volcan Compania Minera S.A.A. Series B
LIM:VOLCABC1
|
N/A |
|
Kazera Global PLC
LSE:KZG
|
-0.041x |
|
LAUGFS Gas PLC
CM:LGLN0000
|
N/A |
|
TA YANG GROUP
BE:TAJ
|
N/A |
|
GOAT Industries Ltd.
F:26B
|
0.299x |
Annual Cash Flow Conversion Efficiency for Sixth Wave Innovations Inc (2007–2022)
The table below shows the annual cash flow conversion efficiency of Sixth Wave Innovations Inc from 2007 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-08-31 | $-2.72 Million | $-2.78 Million | 1.023x | +136.90% |
| 2021-08-31 | $2.56 Million | $-7.09 Million | -2.773x | -309.76% |
| 2020-08-31 | $6.47 Million | $-4.38 Million | -0.677x | +76.79% |
| 2019-08-31 | $2.02 Million | $-5.89 Million | -2.916x | -325.43% |
| 2018-08-31 | $1.85 Million | $-1.27 Million | -0.685x | -458.72% |
| 2017-08-31 | $-523.16K | $-99.95K | 0.191x | +11524.86% |
| 2016-08-31 | $-630.92K | $1.05K | -0.002x | -101.73% |
| 2015-08-31 | $-494.68K | $-47.70K | 0.096x | +319.75% |
| 2014-08-31 | $7.96 Million | $-349.11K | -0.044x | +16.71% |
| 2013-08-31 | $8.97 Million | $-472.72K | -0.053x | +15.08% |
| 2012-08-31 | $8.50 Million | $-527.05K | -0.062x | +44.96% |
| 2011-08-31 | $7.72 Million | $-870.46K | -0.113x | +55.50% |
| 2010-08-31 | $992.84K | $-251.45K | -0.253x | +54.60% |
| 2009-08-31 | $124.66K | $-69.54K | -0.558x | -103.00% |
| 2008-08-31 | $184.41K | $-50.68K | -0.275x | -128459.08% |
| 2007-08-31 | $88.88K | $-19.00 | 0.000x | -- |