VIP Entertainment Technologies Inc.
VIP Entertainment Technologies Inc. does not have significant operations. Previously it was engaged in the online sports betting and iGaming sector. The company is headquartered in Vancouver, Canada.
VIP Entertainment Technologies Inc. (VETIF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2024: 0.004x
Based on the latest financial reports, VIP Entertainment Technologies Inc. (VETIF) has a cash flow conversion efficiency ratio of 0.004x as of December 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 ($-6.59K) by net assets ($-1.48 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
VIP Entertainment Technologies Inc. - Cash Flow Conversion Efficiency Trend (2020–2024)
This chart illustrates how VIP Entertainment Technologies 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.
VIP Entertainment Technologies Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of VIP Entertainment Technologies Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
IRSTF
OTCGREY:IRSTF
|
N/A |
|
Opal Balance
TA:OPAL
|
-0.043x |
|
Magnetic North Acquisition Corp
V:MNC
|
0.115x |
|
COMMVAULT SYSTEMS
BE:D6I
|
0.200x |
|
Infinity Mining Ltd
AU:IMI
|
-0.021x |
|
NorthStar Gaming Holdings Inc.
V:BET
|
0.071x |
|
CF INDUSTRIES HLDG
MU:C4F
|
0.120x |
|
CONOCOPHILLIPS - Dusseldorf Stock Exchang
DU:YCP
|
0.116x |
Annual Cash Flow Conversion Efficiency for VIP Entertainment Technologies Inc. (2020–2024)
The table below shows the annual cash flow conversion efficiency of VIP Entertainment Technologies Inc. from 2020 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-03-31 | $-611.20K | $-781.62K | 1.279x | +143.48% |
| 2023-03-31 | $226.53K | $-666.26K | -2.941x | -351.41% |
| 2022-03-31 | $191.31K | $-124.65K | -0.652x | -406.03% |
| 2021-03-31 | $243.87K | $-31.40K | -0.129x | +36.94% |
| 2020-03-31 | $316.05K | $-64.53K | -0.204x | -- |