Turner Venture Group Inc
Turner Valley Oil & Gas, Inc. does not have significant operations. Previously, the company was involved in the exploration, development, and production of oil and gas properties in Alberta, Canada. It intends to acquire assets or a business unit within the health, wellness, sanitation, infrastructure, and supply chain technology segments. The company was formerly known as NetParts.com. Turner Va… Read more
Turner Venture Group Inc (TVOG) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2016: 0.009x
Based on the latest financial reports, Turner Venture Group Inc (TVOG) has a cash flow conversion efficiency ratio of 0.009x as of December 2016.
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 ($-2.65) by net assets ($-301.46). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Turner Venture Group Inc - Cash Flow Conversion Efficiency Trend (2003–2021)
This chart illustrates how Turner Venture Group 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.
Turner Venture Group Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Turner Venture Group Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Terrestrial Energy Inc
NASDAQ:IMSR
|
-0.002x |
|
USA TODAY Co., Inc.
NYSE:TDAY
|
0.078x |
|
Xiwang Special Steel Company Limited
F:2XI
|
-0.018x |
|
VIVT3F
SA:VIVT3F
|
N/A |
|
POND TECHS HLDGS
F:4O0
|
N/A |
|
Grindr Inc. Warrant
NYSE:GRND-WT
|
N/A |
|
Tiernan Gold Corp.
V:TNGD
|
0.003x |
|
Samsung Publishing Co. Ltd.
KQ:068290
|
N/A |
Annual Cash Flow Conversion Efficiency for Turner Venture Group Inc (2003–2021)
The table below shows the annual cash flow conversion efficiency of Turner Venture Group Inc from 2003 to 2021.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2021-12-31 | $-302.90K | $-215.35K | 0.711x | +374.62% |
| 2020-12-31 | $-468.84K | $-70.23K | 0.150x | +1856.51% |
| 2019-12-31 | $-464.31K | $-3.56K | 0.008x | -72.26% |
| 2016-12-31 | $-301.46 | $-8.32 | 0.028x | +9.62% |
| 2015-12-31 | $-487.76 | $-12.28 | 0.025x | -68.20% |
| 2014-12-31 | $-386.23K | $-30.57K | 0.079x | +1797.45% |
| 2013-12-31 | $-397.18K | $-1.66K | 0.004x | +100.16% |
| 2008-12-31 | $74.08K | $-189.87K | -2.563x | 0.00% |
| 2007-12-31 | $74.08K | $-189.87K | -2.563x | -407.13% |
| 2006-12-31 | $1.14 Million | $-575.90K | -0.505x | -127.34% |
| 2005-12-31 | $409.66K | $-91.07K | -0.222x | -42.35% |
| 2004-12-31 | $204.05K | $-31.87K | -0.156x | +11.94% |
| 2003-12-31 | $309.77K | $-54.93K | -0.177x | -- |