Skychain Technologies Inc
Skychain Technologies Inc. provides power and energy solutions for crypto miners in Canada. It manufactures and sells parts for cryptocurrency miner containers; and provides warehouse space, low-cost electricity, and maintenance and hosting services to crypto miners, as well as consulting services. The company was formerly known as Green Valley Mine Incorporated and changed its name to Skychain T… Read more
Skychain Technologies Inc (SKTCF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2023: -0.011x
Based on the latest financial reports, Skychain Technologies Inc (SKTCF) has a cash flow conversion efficiency ratio of -0.011x 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 ($62.61K) by net assets ($-5.46 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Skychain Technologies Inc - Cash Flow Conversion Efficiency Trend (2001–2023)
This chart illustrates how Skychain 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.
Skychain Technologies Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Skychain Technologies Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
FERNHEIZWERK NEUK
BE:FHW
|
N/A |
|
Lowell Farms Inc
OTCQB:LOWLF
|
-0.218x |
|
TOKYO TATEMONO CO
MU:T6R
|
N/A |
|
elexxion AG
XETRA:E8X
|
-708202.000x |
|
NEWPLATINUM
XBOT:NGPT-ETF
|
N/A |
|
Better Plant Sciences Inc
PINK:VEGGD
|
0.002x |
|
CBTO
BATS:CBTO
|
N/A |
|
Sydinv Formue Balance Akk A
CO:SYVFBAKKA
|
N/A |
Annual Cash Flow Conversion Efficiency for Skychain Technologies Inc (2001–2023)
The table below shows the annual cash flow conversion efficiency of Skychain Technologies Inc from 2001 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-03-31 | $-4.78 Million | $-2.67 Million | 0.559x | +160.02% |
| 2022-03-31 | $408.54K | $-380.72K | -0.932x | -225.61% |
| 2021-03-31 | $-932.48K | $-691.79K | 0.742x | +404.64% |
| 2020-03-31 | $-162.13K | $-23.84K | 0.147x | +109.73% |
| 2019-03-31 | $465.29K | $-702.92K | -1.511x | -1726.78% |
| 2018-03-31 | $1.11 Million | $103.29K | 0.093x | +103.94% |
| 2017-03-31 | $26.80K | $-63.21K | -2.359x | -3306.76% |
| 2016-03-31 | $-497.25K | $-36.57K | 0.074x | -19.06% |
| 2015-03-31 | $-458.13K | $-41.63K | 0.091x | -64.68% |
| 2014-03-31 | $-338.44K | $-87.07K | 0.257x | +8.39% |
| 2013-03-31 | $-385.30K | $-91.45K | 0.237x | -16.53% |
| 2012-03-31 | $-267.90K | $-76.18K | 0.284x | +358.91% |
| 2011-03-31 | $667.92K | $-73.36K | -0.110x | -158.32% |
| 2010-03-31 | $762.10K | $-32.40K | -0.043x | +81.56% |
| 2009-03-31 | $443.61K | $-102.26K | -0.231x | -62.19% |
| 2008-03-31 | $569.59K | $-80.95K | -0.142x | +9.63% |
| 2007-03-31 | $547.24K | $-86.07K | -0.157x | +31.85% |
| 2006-03-31 | $453.35K | $-104.62K | -0.231x | -22.61% |
| 2005-03-31 | $421.40K | $-79.31K | -0.188x | -96.13% |
| 2004-03-31 | $752.67K | $-72.23K | -0.096x | -12.27% |
| 2003-03-31 | $656.53K | $-56.12K | -0.085x | -30.78% |
| 2002-03-31 | $535.79K | $-35.02K | -0.065x | +46.16% |
| 2001-03-31 | $430.10K | $-52.21K | -0.121x | -- |