Converge Information & Communications Technology Solutions Inc
Converge Information & Communications Technology Solutions Inc operates in Integrated Telecommunication Services.
Converge Information & Communications Technology Solutions Inc (CNVRG) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2023: 0.268x
Based on the latest financial reports, Converge Information & Communications Technology Solutions Inc (CNVRG) has a cash flow conversion efficiency ratio of 0.268x as of September 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 (₱11.38 Billion) by net assets (₱42.53 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Converge Information & Communications Technology Solutions Inc - Cash Flow Conversion Efficiency Trend (2018–2022)
This chart illustrates how Converge Information & Communications 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.
Converge Information & Communications Technology Solutions Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Converge Information & Communications Technology Solutions Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Kohinoor Industries Ltd
KAR:KOIL
|
N/A |
|
PaxMedica, Inc. Common Stock
PINK:PXMD
|
0.327x |
|
CANFOR PULP (8CP.SG)
STU:8CP
|
0.182x |
|
ELEMENTOS (9EM.SG)
STU:9EM
|
-0.008x |
|
PEAK RES
BE:M3U
|
N/A |
|
GOAT Industries Ltd.
F:26B
|
0.299x |
|
POCML 7 Inc.
V:POC-P
|
0.004x |
|
Strategie Kapital AG
DU:S14
|
N/A |
Annual Cash Flow Conversion Efficiency for Converge Information & Communications Technology Solutions Inc (2018–2022)
The table below shows the annual cash flow conversion efficiency of Converge Information & Communications Technology Solutions Inc from 2018 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | ₱36.11 Billion | ₱11.61 Billion | 0.321x | +47.53% |
| 2021-12-31 | ₱35.11 Billion | ₱7.65 Billion | 0.218x | -17.10% |
| 2020-12-31 | ₱27.77 Billion | ₱7.30 Billion | 0.263x | +205.55% |
| 2019-12-31 | ₱12.17 Billion | ₱1.05 Billion | 0.086x | -73.44% |
| 2018-12-31 | ₱4.57 Billion | ₱1.48 Billion | 0.324x | -- |