Wavefront Technology Solutions Inc
Wavefront Technology Solutions Inc. develops fluid injection technologies for oil and gas well stimulation and improved/enhanced oil recovery in Canada. The company offers Powerwave process, an injection technology that improves the flow of fluids in geological materials, including sedimentary soils and fractured rock; and Primawave process, a method for aiding in-ground environmental remediation… Read more
Wavefront Technology Solutions Inc (WFTSF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of May 2022: -0.662x
Based on the latest financial reports, Wavefront Technology Solutions Inc (WFTSF) has a cash flow conversion efficiency ratio of -0.662x as of May 2022.
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 ($-489.23K) by net assets ($738.95K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Wavefront Technology Solutions Inc - Cash Flow Conversion Efficiency Trend (2007–2021)
This chart illustrates how Wavefront Technology Solutions 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.
Wavefront Technology Solutions Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Wavefront Technology Solutions Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Oil and Gas Development Co Ltd
KAR:OGDC
|
0.010x |
|
High Arctic Overseas Holdings Corp.
V:HOH
|
N/A |
|
Habib Bank Ltd
KAR:HBL
|
1.877x |
|
Komo Plant Based Foods Inc
PINK:KOMOF
|
0.000x |
|
Pengana Private Equity Trust
AU:PE1
|
0.006x |
|
SCIENT DIGIT IMAG
BE:SD0
|
N/A |
|
Future Generation Global Ltd
AU:FGG
|
0.073x |
|
We Can Medicines Co., Ltd.
TWO:6929
|
N/A |
Annual Cash Flow Conversion Efficiency for Wavefront Technology Solutions Inc (2007–2021)
The table below shows the annual cash flow conversion efficiency of Wavefront Technology Solutions Inc from 2007 to 2021.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2021-08-31 | $1.34 Million | $-455.55K | -0.341x | -88.79% |
| 2020-08-31 | $2.66 Million | $-481.12K | -0.181x | -823.99% |
| 2019-08-31 | $3.32 Million | $82.91K | 0.025x | +107.85% |
| 2018-08-31 | $3.70 Million | $-1.18 Million | -0.318x | +57.41% |
| 2017-08-31 | $4.15 Million | $-3.10 Million | -0.747x | -447.10% |
| 2016-08-31 | $7.55 Million | $-1.03 Million | -0.137x | -6.39% |
| 2015-08-31 | $7.79 Million | $-999.83K | -0.128x | +2.44% |
| 2014-08-31 | $16.77 Million | $-2.21 Million | -0.132x | -- |
| 2013-08-31 | $22.01 Million | $0.00 | 0.000x | -- |
| 2012-08-31 | $28.15 Million | $0.00 | 0.000x | -- |
| 2011-08-31 | $32.57 Million | $0.00 | 0.000x | -- |
| 2010-08-31 | $33.53 Million | $0.00 | 0.000x | -- |
| 2009-08-31 | $21.56 Million | $0.00 | 0.000x | -- |
| 2008-08-31 | $28.54 Million | $0.00 | 0.000x | -- |
| 2007-08-31 | $13.91 Million | $0.00 | 0.000x | -- |