VEEMF
VEEM Ltd engages in designing, manufacturing, and selling of marine propulsion and stabilization systems in Australia. It offers gyrostabilizers; CNC machined monobloc propellers; and forever pipe, a piping solution for the processing industry. The company also provides conquest propellers, shaft lines, and marine ride control fins. In addition, it offers bespoke engineered products and services … Read more
VEEMF (VEEMF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: 0.050x
Based on the latest financial reports, VEEMF (VEEMF) has a cash flow conversion efficiency ratio of 0.050x as of June 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 ($2.34 Million) by net assets ($46.82 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
VEEMF - Cash Flow Conversion Efficiency Trend (2020–2023)
This chart illustrates how VEEMF's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
VEEMF Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of VEEMF ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Forward Electronics Co., Ltd.
TWO:8085
|
0.047x |
|
RF Acquisition Corp II Unit
NASDAQ:RFAIU
|
-0.003x |
|
FIT INVEST JSC
VN:FIT
|
0.269x |
|
iSTART-TEK INC.
TWO:6786
|
-0.132x |
|
India Nippon Electricals Limited
NSE:INDNIPPON
|
0.001x |
|
Spigen Korea Co. Ltd
KQ:192440
|
0.019x |
|
Peak Minerals Ltd
AU:PUA
|
-1.262x |
|
AirBoss of America Corp
OTCQX:ABSSF
|
0.070x |
Annual Cash Flow Conversion Efficiency for VEEMF (2020–2023)
The table below shows the annual cash flow conversion efficiency of VEEMF from 2020 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-06-30 | $46.82 Million | $6.12 Million | 0.131x | +126.19% |
| 2022-06-30 | $43.60 Million | $2.52 Million | 0.058x | -66.37% |
| 2021-06-30 | $36.62 Million | $6.29 Million | 0.172x | -6.16% |
| 2020-06-30 | $32.56 Million | $5.96 Million | 0.183x | -- |