IRemit Inc
IRemit Inc operates in Environmental & Facilities Services.
IRemit Inc (I) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: -0.761x
Based on the latest financial reports, IRemit Inc (I) has a cash flow conversion efficiency ratio of -0.761x as of June 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 (₱-522.81 Million) by net assets (₱686.88 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
IRemit Inc - Cash Flow Conversion Efficiency Trend (2015–2022)
This chart illustrates how IRemit 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.
IRemit Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of IRemit Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Downing FOUR VCT plc
LSE:D467
|
0.001x |
|
Iconic Labs Plc
LSE:ICON
|
0.038x |
|
Pathos Commun Ltd
LSE:NEWS
|
N/A |
|
LIVINGTRUST MORTGAGE BANK PLC
XNSA:LIVINGTRUST
|
N/A |
|
CONSOLIDATED HALLMARK INSURANCE PLC
XNSA:CONHALLPLC
|
N/A |
|
Cascadia Investments Inc
PINK:CDIV
|
N/A |
|
Life's Time Capsule Services Inc
PINK:LTCP
|
0.000x |
|
BLUAW
PINK:BLUAW
|
N/A |
Annual Cash Flow Conversion Efficiency for IRemit Inc (2015–2022)
The table below shows the annual cash flow conversion efficiency of IRemit Inc from 2015 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | ₱825.72 Million | ₱-503.47 Million | -0.610x | -222.44% |
| 2021-12-31 | ₱1.17 Billion | ₱-222.02 Million | -0.189x | -232.33% |
| 2020-12-31 | ₱1.27 Billion | ₱180.88 Million | 0.143x | +218.27% |
| 2019-12-31 | ₱1.39 Billion | ₱-168.12 Million | -0.121x | -238.49% |
| 2018-12-31 | ₱1.38 Billion | ₱120.62 Million | 0.087x | +887.85% |
| 2017-12-31 | ₱1.34 Billion | ₱11.85 Million | 0.009x | +126.28% |
| 2016-12-31 | ₱1.32 Billion | ₱-44.24 Million | -0.034x | +78.09% |
| 2015-12-31 | ₱1.28 Billion | ₱-195.58 Million | -0.153x | -- |