Victory Marine Holdings Corp
Victory Marine Holdings Corp., through its subsidiary, Victory Yacht Sales Corp., engages in selling luxury vessels worldwide. It provides new and used boats, as well as financing, insurance, documentation, accessories, brokerage, and consulting services. The company was formerly known as China Good Electric, Inc. and changed its name to Victory Marine Holdings Corp. in May 2018. Victory Marine H… Read more
Victory Marine Holdings Corp (VMHG) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2025: 0.055x
Based on the latest financial reports, Victory Marine Holdings Corp (VMHG) has a cash flow conversion efficiency ratio of 0.055x as of June 2025.
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 ($-167.26K) by net assets ($-3.03 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Victory Marine Holdings Corp - Cash Flow Conversion Efficiency Trend (2007–2022)
This chart illustrates how Victory Marine Holdings Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Victory Marine Holdings Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Victory Marine Holdings Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
AVVAA World Health Care Products Inc
PINK:AVVH
|
5.672x |
|
Omico Corp
PSE:OM
|
0.028x |
|
RAINBOW TOURISM GROUP LIMITED
XZIM:RTG
|
N/A |
|
Rokeby Resources Limited
AU:RKB
|
N/A |
|
Aberdeen Diversified Income and Growth Trust PLC
LSE:ADIG
|
0.004x |
|
VDM GROUP
BE:V5M
|
N/A |
|
APC Group Inc
PSE:APC
|
-0.021x |
|
Revolution Technologies Inc
PINK:RVLTF
|
0.000x |
Annual Cash Flow Conversion Efficiency for Victory Marine Holdings Corp (2007–2022)
The table below shows the annual cash flow conversion efficiency of Victory Marine Holdings Corp from 2007 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | $-2.01 Million | $-131.19K | 0.065x | -18.28% |
| 2021-12-31 | $-1.84 Million | $-146.62K | 0.080x | +194486.02% |
| 2020-12-31 | $-1.69 Million | $69.51 | 0.000x | -100.16% |
| 2019-12-31 | $-1.67 Million | $-43.71K | 0.026x | -86.55% |
| 2018-12-31 | $-1.57 Million | $-305.55K | 0.195x | +245.16% |
| 2017-12-31 | $-524.34K | $-29.63K | 0.057x | +383992.31% |
| 2016-12-31 | $-287.54K | $-4.23 | 0.000x | +100.05% |
| 2015-12-31 | $-177.86K | $4.90K | -0.028x | +90.97% |
| 2010-12-31 | $1.96 Million | $-598.00K | -0.305x | -307.02% |
| 2009-12-31 | $1.82 Million | $268.73K | 0.147x | +186.03% |
| 2008-12-31 | $1.75 Million | $90.24K | 0.051x | -57.47% |
| 2007-12-31 | $1.49 Million | $180.59K | 0.121x | -- |