Summit Networks Inc
Summit Networks Inc. does not have significant operations. Previously, it was engaged in the daily consumer goods business in the United States. The company was founded in 2014 and is headquartered in Richmond, Canada.
Summit Networks Inc (SNTW) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.075x
Based on the latest financial reports, Summit Networks Inc (SNTW) has a cash flow conversion efficiency ratio of 0.075x as of September 2025.
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 ($-60.98K) by net assets ($-809.70K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Summit Networks Inc - Cash Flow Conversion Efficiency Trend (2014–2024)
This chart illustrates how Summit Networks 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.
Summit Networks Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Summit Networks Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Portage Biotech Inc
NASDAQ:PRTG
|
-2.245x |
|
Golden Lime PCL
BK:SUTHA
|
-0.110x |
|
CPanel PCL
BK:CPANEL
|
0.030x |
|
ENEFI Energiahatekonysagi Nyrt
BUD:ENEFI
|
-0.015x |
|
Oceanic Beverages Co Inc
TW:1213
|
0.022x |
|
Intelicare Holdings Ltd
AU:ICR
|
6.917x |
|
URZ3 Energy Corp.
OTCQB:URZEF
|
-0.154x |
|
Matador Technologies Inc.
V:MATA
|
N/A |
Annual Cash Flow Conversion Efficiency for Summit Networks Inc (2014–2024)
The table below shows the annual cash flow conversion efficiency of Summit Networks Inc from 2014 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-09-30 | $-411.05K | $-260.38K | 0.633x | +475.16% |
| 2023-09-30 | $-538.47K | $-59.30K | 0.110x | +16.53% |
| 2022-09-30 | $-762.34K | $-72.05K | 0.095x | -83.95% |
| 2021-09-30 | $-654.13K | $-385.19K | 0.589x | -20.67% |
| 2020-09-30 | $-217.87K | $-161.72K | 0.742x | +662.84% |
| 2019-09-30 | $-86.34K | $11.39K | -0.132x | -110.12% |
| 2018-09-30 | $-62.76K | $-81.77K | 1.303x | +486.91% |
| 2017-09-30 | $2.55K | $-859.00 | -0.337x | +28.21% |
| 2016-09-30 | $16.74K | $-7.85K | -0.469x | +44.39% |
| 2015-09-30 | $26.19K | $-22.09K | -0.843x | +92.93% |
| 2014-09-30 | $9.09K | $-108.47K | -11.933x | -- |