THC Therapeutics Inc
THC Therapeutics, Inc. operates in the wellness industry. It develops dHydronator, a sanitizing herb/cannabis dryer. The company was formerly known as Millennium Blockchain, Inc. and changed its name to THC Therapeutics, Inc. in September 2018. THC Therapeutics, Inc. was founded in 2007 and is based in Jacksboro, Texas.
THC Therapeutics Inc (THCT) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of October 2024: 0.039x
Based on the latest financial reports, THC Therapeutics Inc (THCT) has a cash flow conversion efficiency ratio of 0.039x as of October 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 ($-137.06K) by net assets ($-3.52 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
THC Therapeutics Inc - Cash Flow Conversion Efficiency Trend (2007–2024)
This chart illustrates how THC Therapeutics 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.
THC Therapeutics Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of THC Therapeutics Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Pender Street Capital Corp.
V:PCP-P
|
-0.004x |
|
NINE DRAGONS PAPER
MU:N3Y
|
N/A |
|
Lion Capital S.A.
RO:LION
|
-0.004x |
|
Ha Noi Education Development And Investment JSC
VN:EID
|
N/A |
|
Cabo Drilling Corp
PINK:CBEEF
|
-0.033x |
|
Attock Cement Pakistan Ltd
KAR:ACPL
|
-0.017x |
|
Fortune Valley Treasures Inc
PINK:FVTI
|
-0.001x |
|
Acmepoint Energy Services Co.,LTD
TWO:6692
|
N/A |
Annual Cash Flow Conversion Efficiency for THC Therapeutics Inc (2007–2024)
The table below shows the annual cash flow conversion efficiency of THC Therapeutics Inc from 2007 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-07-31 | $-3.31 Million | $-85.43K | 0.026x | 0.00% |
| 2023-07-31 | $-3.31 Million | $-85.43K | 0.026x | -80.84% |
| 2022-07-31 | $-3.11 Million | $-418.92K | 0.135x | -14.10% |
| 2021-07-31 | $-2.48 Million | $-388.48K | 0.157x | -52.56% |
| 2020-07-31 | $-1.78 Million | $-587.93K | 0.331x | -24.89% |
| 2019-07-31 | $-749.41K | $-329.80K | 0.440x | +548.52% |
| 2018-07-31 | $1.94 Million | $-190.16K | -0.098x | -203.53% |
| 2017-07-31 | $4.85 Million | $-156.73K | -0.032x | -126.97% |
| 2016-07-31 | $-144.46K | $-17.32K | 0.120x | +179.07% |
| 2015-07-31 | $-277.46K | $-11.92K | 0.043x | -91.18% |
| 2014-07-31 | $-188.52K | $-91.78K | 0.487x | +138.80% |
| 2012-07-31 | $206.01K | $-258.50K | -1.255x | -166.61% |
| 2010-07-31 | $-40.16K | $-75.66K | 1.884x | +1635.23% |
| 2009-07-31 | $-68.51K | $-7.44K | 0.109x | +110.29% |
| 2008-07-31 | $7.58K | $-8.00K | -1.055x | -11631.77% |
| 2007-07-31 | $16.07K | $147.00 | 0.009x | -- |