ThermaFreeze Products Corporation
ThermaFreeze Products Corporation manufactures and distributes hydratable ice sheets. The company offers ThermaFreeze, a reusable ice solution for various applications. It also provides industrial gel pack rolls, 1 ounce cubes, 4 ounce cubes, Therma-wraps and accessories, and retail packaged products. The company offers its products for perishable shipping, sports therapy, personal use, outdoors,… Read more
ThermaFreeze Products Corporation (TZPC) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2023: -0.056x
Based on the latest financial reports, ThermaFreeze Products Corporation (TZPC) has a cash flow conversion efficiency ratio of -0.056x as of December 2023.
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 ($113.49K) by net assets ($-2.03 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
ThermaFreeze Products Corporation - Cash Flow Conversion Efficiency Trend (2010–2023)
This chart illustrates how ThermaFreeze Products 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.
ThermaFreeze Products Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of ThermaFreeze Products Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Ecclesiastical Insurance Office plc
LSE:ELLA
|
0.006x |
|
Dental Patient Care America Inc
PINK:DPAT
|
0.016x |
|
Dewan Sugar Mills Ltd
KAR:DWSM
|
N/A |
|
UMEME LIMITED
USE:UMEM
|
N/A |
|
Houston Natural Resources Corp
PINK:HNRC
|
0.068x |
|
HENGDELI HLDGS (XYUA.SG)
STU:XYUA
|
N/A |
|
SSLJ.com Ltd
OTCMKTS:YGTYF
|
0.571x |
|
RED STAR EXPRESS PLC
XNSA:REDSTAREX
|
N/A |
Annual Cash Flow Conversion Efficiency for ThermaFreeze Products Corporation (2010–2023)
The table below shows the annual cash flow conversion efficiency of ThermaFreeze Products Corporation from 2010 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $-2.03 Million | $113.49K | -0.056x | -233.28% |
| 2022-12-31 | $-2.02 Million | $-84.80K | 0.042x | +975.64% |
| 2021-12-31 | $-2.12 Million | $10.17K | -0.005x | -71.40% |
| 2020-12-31 | $-2.05 Million | $5.75K | -0.003x | +87.55% |
| 2019-12-31 | $-2.00 Million | $45.02K | -0.022x | +32.69% |
| 2018-12-31 | $-1.92 Million | $64.27K | -0.033x | -108.99% |
| 2011-12-31 | $-1.56 Million | $-581.60K | 0.372x | -83.94% |
| 2010-12-31 | $-838.59K | $-1.94 Million | 2.315x | -- |