Taiga Motors Corporation
Taiga Motors Corporation engages in the research and development, design, production, marketing, and distribution of electric powersports vehicles. It offers electric snowmobiles under the Nomad Utility brand, and personal watercraft under the Orca, and Orca Carbon brands. The company also provides aftermarket sales of parts, upgrades, and other accessories. It offers its products direct-to-consu… Read more
Taiga Motors Corporation (TAIMF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2024: 0.356x
Based on the latest financial reports, Taiga Motors Corporation (TAIMF) has a cash flow conversion efficiency ratio of 0.356x as of March 2024.
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 ($-5.34 Million) by net assets ($-15.01 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Taiga Motors Corporation - Cash Flow Conversion Efficiency Trend (2017–2023)
This chart illustrates how Taiga Motors Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Taiga Motors Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Taiga Motors Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Cruz Cobalt Corp
PINK:BKTPF
|
-0.040x |
|
Spexis AG
SW:SPEX
|
-0.678x |
|
Trilogiq
PA:ALTRI
|
0.004x |
|
NICO Resources Limited
OTCGREY:NICOF
|
-0.042x |
|
VERTEX PHARMACEUTIC
MU:VX1
|
0.088x |
|
Tecom Co Ltd
TW:2321
|
0.066x |
|
PT Solusi Bangun Indonesia Tbk
F:RU6
|
0.084x |
|
Lodestar Minerals Ltd
AU:LSR
|
3.339x |
Annual Cash Flow Conversion Efficiency for Taiga Motors Corporation (2017–2023)
The table below shows the annual cash flow conversion efficiency of Taiga Motors Corporation from 2017 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $-812.48K | $-63.64 Million | 78.331x | +11164.55% |
| 2022-12-31 | $66.25 Million | $-46.90 Million | -0.708x | -101.20% |
| 2021-12-31 | $122.55 Million | $-43.12 Million | -0.352x | -11237.88% |
| 2020-12-31 | $-115.71 Million | $-365.56K | 0.003x | -97.72% |
| 2019-12-31 | $-3.71 Million | $-513.87K | 0.139x | 0.00% |
| 2018-12-31 | $-3.71 Million | $-513.87K | 0.139x | -65.76% |
| 2017-12-31 | $-2.05 Million | $-830.82K | 0.405x | -- |