Veritas Pharma Inc
Indigenous Bloom Hemp Corp. focuses on the production of hemp products. It sells hemp biomass and flowers, as well as phytocannabinoid rich extracts derived from hemp biomass. The company is headquartered in Kelowna, Canada.
Veritas Pharma Inc (VRTHF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of February 2023: 0.000x
Based on the latest financial reports, Veritas Pharma Inc (VRTHF) has a cash flow conversion efficiency ratio of 0.000x as of February 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 ($-376.66) by net assets ($-2.76 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Veritas Pharma Inc - Cash Flow Conversion Efficiency Trend (2014–2022)
This chart illustrates how Veritas Pharma 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.
Veritas Pharma Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Veritas Pharma Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Hyflux Ltd
PINK:HYFXF
|
0.110x |
|
Darwin AG
XETRA:7V0
|
N/A |
|
Discoverie Group PLC
LSE:DSCV
|
0.070x |
|
PETR3F
SA:PETR3F
|
N/A |
|
BURFORD CAP -NPV-
BE:9BF
|
N/A |
|
CLP HLDGS
MU:CLP
|
N/A |
|
Invictus Financial Inc
PINK:IVFZF
|
0.002x |
|
Lindbergh S.p.A.
F:D8M
|
N/A |
Annual Cash Flow Conversion Efficiency for Veritas Pharma Inc (2014–2022)
The table below shows the annual cash flow conversion efficiency of Veritas Pharma Inc from 2014 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-05-31 | $-2.45 Million | $-294.86K | 0.120x | +2179.13% |
| 2021-05-31 | $-1.29 Million | $-6.84K | 0.005x | -99.24% |
| 2020-05-31 | $-881.47K | $-615.95K | 0.699x | -80.74% |
| 2019-05-31 | $-342.83K | $-1.24 Million | 3.628x | +338.17% |
| 2018-05-31 | $3.59 Million | $-5.48 Million | -1.523x | -130.28% |
| 2017-05-31 | $2.61 Million | $-1.73 Million | -0.662x | +42.27% |
| 2016-05-31 | $411.68K | $-471.71K | -1.146x | +25.27% |
| 2015-05-31 | $282.70K | $-433.45K | -1.533x | +81.24% |
| 2014-05-31 | $29.36K | $-240.00K | -8.175x | -- |