Solvbl Solutions Inc
Solvbl Solutions Inc. operates as a cybersecurity and data authentication company in Canada. The company offers Q by SoLVBL, a proprietary technology platform; QSeals by SoLVBL, a scalable data verification solution for a digital world; Q-Server by SoLVBL, a secure, scalable, high speed, low latency cloud based server used to generate QSeals; and digital evidence management systems. Solvbl Soluti… Read more
Solvbl Solutions Inc (SOLBF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: -0.017x
Based on the latest financial reports, Solvbl Solutions Inc (SOLBF) has a cash flow conversion efficiency ratio of -0.017x as of June 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 ($54.55K) by net assets ($-3.13 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Solvbl Solutions Inc - Cash Flow Conversion Efficiency Trend (2018–2022)
This chart illustrates how Solvbl Solutions 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.
Solvbl Solutions Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Solvbl Solutions Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Alma Gold Inc
PINK:ALGLF
|
N/A |
|
Haloni Jane
JK:HALO
|
-0.026x |
|
RZLC11
SA:RZLC11
|
N/A |
|
CASA DE BUCOVINA-CLUB DE MUNTE
RO:BCM
|
-0.004x |
|
Indigo Exploration Inc.
PINK:IXIXF
|
-0.723x |
|
CTT Pharmaceutical Holdings Inc
PINK:CTTH
|
-0.200x |
|
INSMED
BE:IM8N
|
-0.374x |
|
ATI Physical Therapy Inc
NYSE:ATIP
|
-0.071x |
Annual Cash Flow Conversion Efficiency for Solvbl Solutions Inc (2018–2022)
The table below shows the annual cash flow conversion efficiency of Solvbl Solutions Inc from 2018 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | $-1.42 Million | $-1.77 Million | 1.248x | +235.51% |
| 2021-12-31 | $1.94 Million | $-1.79 Million | -0.921x | -124.22% |
| 2020-12-31 | $-191.44K | $-728.33K | 3.804x | +96.79% |
| 2019-12-31 | $-427.29K | $-826.06K | 1.933x | +157.85% |
| 2018-12-31 | $360.01K | $-1.20 Million | -3.342x | -- |