Gaming Innovation Group Inc
Gaming Innovation Group Inc., an iGaming technology company, together with its subsidiaries, provides solutions, products, and services to iGaming operators in Nordic countries, other European countries, and internationally. It operates through two segments, Platform Offering Front-End Services (Platform), and Affiliate Marketing (Media). The company operates casinos and sports betting sites; and… Read more
Gaming Innovation Group Inc (GIGSEK) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2024: 0.108x
Based on the latest financial reports, Gaming Innovation Group Inc (GIGSEK) has a cash flow conversion efficiency ratio of 0.108x 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 (Skr10.31 Million) by net assets (Skr95.88 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Gaming Innovation Group Inc - Cash Flow Conversion Efficiency Trend (2014–2023)
This chart illustrates how Gaming Innovation Group 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.
Gaming Innovation Group Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Gaming Innovation Group Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Skipper Limited
NSE:SKIPPER
|
0.107x |
|
Hefei Changqing Machinery Co Ltd
SHG:603768
|
-0.004x |
|
Weihai Baihe Biology Technological Co. Ltd.
SHG:603102
|
N/A |
|
VIVO Cannabis Inc
PINK:ABCCF
|
-0.028x |
|
Gigasolar Materials
TWO:3691
|
-0.036x |
|
Zhejiang Haisen Pharmaceutical Co. Ltd. A
SHE:001367
|
N/A |
|
Heilongjiang Publishing & Media Co Ltd
SHG:605577
|
0.035x |
|
STRATUS PROPERTIES DL-01
F:SR5
|
N/A |
Annual Cash Flow Conversion Efficiency for Gaming Innovation Group Inc (2014–2023)
The table below shows the annual cash flow conversion efficiency of Gaming Innovation Group Inc from 2014 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | Skr92.31 Million | Skr40.65 Million | 0.440x | -0.36% |
| 2022-12-31 | Skr64.97 Million | Skr28.71 Million | 0.442x | -58.19% |
| 2021-12-31 | Skr11.93 Million | Skr12.61 Million | 1.057x | -68.13% |
| 2020-12-31 | Skr3.61 Million | Skr11.96 Million | 3.317x | +607.05% |
| 2019-12-31 | Skr20.92 Million | Skr9.81 Million | 0.469x | +134.13% |
| 2018-12-31 | Skr88.08 Million | Skr17.65 Million | 0.200x | +67.09% |
| 2017-12-31 | Skr108.78 Million | Skr13.05 Million | 0.120x | +467.79% |
| 2016-12-31 | Skr105.17 Million | Skr2.22 Million | 0.021x | +148.12% |
| 2015-12-31 | Skr27.85 Million | Skr-1.22 Million | -0.044x | -69.09% |
| 2014-12-31 | Skr2.70 Million | Skr-70.18K | -0.026x | -- |