Adastra Holdings Ltd.
Adastra Holdings Ltd. extracts and processes cannabis for recreational and medical markets in Canada. The company offers vape pens, wax, resin, infused pre-rolls, diamonds, and shatters under the Endgame brand name. It also provides consulting, white label manufacturing, and tolling services; and licenses its intellectual property for the sale of consumer-packaged goods. The company was formerly … Read more
Adastra Holdings Ltd. (XTXXD) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2024: -0.004x
Based on the latest financial reports, Adastra Holdings Ltd. (XTXXD) has a cash flow conversion efficiency ratio of -0.004x as of March 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 ($-51.01K) by net assets ($13.37 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Adastra Holdings Ltd. - Cash Flow Conversion Efficiency Trend (2020–2023)
This chart illustrates how Adastra Holdings Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Adastra Holdings Ltd. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Adastra Holdings Ltd. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
LJQQ3F
SA:LJQQ3F
|
N/A |
|
Petrovienam Securities Inc
VN:PSI
|
N/A |
|
Eenergy Group PLC
LSE:EAAS
|
1.306x |
|
The Searle Company Ltd
KAR:SEARL
|
0.047x |
|
Techcom Vietnam REIT Fund
VN:FUCVREIT
|
N/A |
|
4SC - Dusseldorf Stock Exchang
DU:VSC
|
N/A |
|
G3 Exploration Ltd
STU:G3J
|
N/A |
|
Clone Algo Technologies Inc
PINK:CATI
|
-0.001x |
Annual Cash Flow Conversion Efficiency for Adastra Holdings Ltd. (2020–2023)
The table below shows the annual cash flow conversion efficiency of Adastra Holdings Ltd. from 2020 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $14.69 Million | $1.86 Million | 0.127x | +151.99% |
| 2022-12-31 | $18.23 Million | $916.91K | 0.050x | +206.75% |
| 2021-12-31 | $22.37 Million | $-1.05 Million | -0.047x | +83.07% |
| 2020-12-31 | $10.09 Million | $-2.81 Million | -0.278x | -- |