Sollensys Corp
Sollensys Corp. engages in the development of commercial blockchain applications for cybersecurity in the United States and Canada. It provides Blockchain Archive Server, a turn-key, off-the-shelf, and blockchain solution that works with virtually various hardware and software combinations used in commerce, without the need to replace or eliminate any part of the client's data security. The compa… Read more
Sollensys Corp (SOLS) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2023: 0.377x
Based on the latest financial reports, Sollensys Corp (SOLS) has a cash flow conversion efficiency ratio of 0.377x as of March 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 ($-931.68K) by net assets ($-2.47 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Sollensys Corp - Cash Flow Conversion Efficiency Trend (2010–2022)
This chart illustrates how Sollensys 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.
Sollensys Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Sollensys Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Misr Fretilizers Production Company - Mopco
EGX:MFPC
|
N/A |
|
Arfin India Limited
NSE:ARFIN
|
N/A |
|
BELO SUN MNG (VE7.SG)
STU:VE7
|
-0.068x |
|
Cai Lay Veterinary Pharmaceutical JSC
VN:MKV
|
N/A |
|
Legion Capital Corporation
PINK:LGCP
|
0.094x |
|
Kustom Entertainment, Inc.
NASDAQ:KUST
|
-0.047x |
|
CSAN3F
SA:CSAN3F
|
N/A |
|
STRONGPOINT ASA NK 062
F:PGT
|
N/A |
Annual Cash Flow Conversion Efficiency for Sollensys Corp (2010–2022)
The table below shows the annual cash flow conversion efficiency of Sollensys Corp from 2010 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | $-2.47 Million | $-1.40 Million | 0.567x | +110.09% |
| 2021-12-31 | $660.67K | $-3.72 Million | -5.626x | -1948.90% |
| 2019-12-31 | $-85.77K | $-26.10K | 0.304x | -84.02% |
| 2011-12-31 | $-15.89K | $-30.26K | 1.904x | +294.39% |
| 2010-12-31 | $30.89K | $-30.26K | -0.979x | -- |