Torque Lifestyle Brands Inc
Torque Lifestyle Brands, Inc. develops, manufactures, and markets nutritional supplements for the sports industry in the United States. The company was formerly known as Commodore International Corp. and changed its name to Torque Lifestyle Brands, Inc. in August 2020. The company is headquartered in Wheat Ridge, Colorado.
Torque Lifestyle Brands Inc (TQLB) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 4.039x
Based on the latest financial reports, Torque Lifestyle Brands Inc (TQLB) has a cash flow conversion efficiency ratio of 4.039x as of June 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 ($6.90K) by net assets ($1.71K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Torque Lifestyle Brands Inc - Cash Flow Conversion Efficiency Trend (2021–2023)
This chart illustrates how Torque Lifestyle Brands 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.
Torque Lifestyle Brands Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Torque Lifestyle Brands Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Empire East Land Holdings Inc
PSE:ELI
|
0.003x |
|
Tian'an Pharmaceutical Co Ltd
PINK:TNPH
|
0.023x |
|
Oxford Technology 2 Venture Capital Trust PLC
LSE:OT1
|
N/A |
|
Tigere Real Estate Investment Trust
XZIM:TIG
|
N/A |
|
Rokeby Resources Limited
AU:RKB
|
N/A |
|
RAINBOW TOURISM GROUP LIMITED
XZIM:RTG
|
N/A |
|
Omico Corp
PSE:OM
|
0.028x |
|
AVVAA World Health Care Products Inc
PINK:AVVH
|
5.672x |
Annual Cash Flow Conversion Efficiency for Torque Lifestyle Brands Inc (2021–2023)
The table below shows the annual cash flow conversion efficiency of Torque Lifestyle Brands Inc from 2021 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $-10.53K | $-27.44K | 2.607x | +35.01% |
| 2022-12-31 | $-178.56K | $-344.81K | 1.931x | +104.59% |
| 2021-12-31 | $50.52K | $-2.13 Million | -42.066x | -- |