Optima Medical Innovations Corp
Optima Medical Innovations Corp. delivers pathways to innovative, science-based health, and wellness solutions. It offers solution for pain relief, wellness, and cancer therapy. The company was formerly known as Tree of Knowledge International Corp. and changed its name to Optima Medical Innovations Corp. in November 2021. Optima Medical Innovations Corp. is based in Toronto, Canada.
Optima Medical Innovations Corp (TOKIF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2021: 0.013x
Based on the latest financial reports, Optima Medical Innovations Corp (TOKIF) has a cash flow conversion efficiency ratio of 0.013x as of September 2021.
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 ($40.70K) by net assets ($3.15 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Optima Medical Innovations Corp - Cash Flow Conversion Efficiency Trend (2008–2020)
This chart illustrates how Optima Medical Innovations 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.
Optima Medical Innovations Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Optima Medical Innovations Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Innovation1 Biotech Inc
OTCQB:IVBT
|
0.044x |
|
Hempacco Co., Inc.
PINK:HPCO
|
1.121x |
|
INNODIS LTD
SEM:HWF
|
N/A |
|
Aartech Solonics Limited
NSE:AARTECH
|
0.046x |
|
Evolution Global Acquisition Corp Warrants
NASDAQ:EVOXW
|
N/A |
|
TJIWI KIMIA
MU:OB9
|
N/A |
|
PT Merdeka Gold Resources Tbk
JK:EMAS
|
N/A |
|
INTERTAINMENT
MU:ITN
|
N/A |
Annual Cash Flow Conversion Efficiency for Optima Medical Innovations Corp (2008–2020)
The table below shows the annual cash flow conversion efficiency of Optima Medical Innovations Corp from 2008 to 2020.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2020-12-31 | $3.31 Million | $-304.40K | -0.092x | +74.43% |
| 2019-12-31 | $6.19 Million | $-2.23 Million | -0.360x | -345.11% |
| 2018-12-31 | $18.16 Million | $-1.47 Million | -0.081x | -117.40% |
| 2017-12-31 | $-147.95K | $-68.74K | 0.465x | -91.04% |
| 2016-12-31 | $-19.36K | $-100.38K | 5.186x | +358.45% |
| 2015-12-31 | $71.46K | $-143.40K | -2.007x | -411.00% |
| 2014-12-31 | $526.29K | $-206.67K | -0.393x | -57.15% |
| 2013-12-31 | $824.40K | $-206.00K | -0.250x | -31.61% |
| 2012-12-31 | $1.16 Million | $-219.50K | -0.190x | +34.81% |
| 2011-12-31 | $1.38 Million | $-401.81K | -0.291x | +60.63% |
| 2010-12-31 | $1.66 Million | $-1.22 Million | -0.740x | -113.14% |
| 2009-12-31 | $-145.76K | $-820.68K | 5.630x | +1455.75% |
| 2008-12-31 | $135.35K | $-56.21K | -0.415x | -- |