Viq Solutions Inc (VQS) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Viq Solutions Inc (VQS) has a cash flow conversion efficiency ratio of -0.410x as of March 2025. 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 (CA$651.82K) by net assets (CA$-1.59 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Viq Solutions Inc - Cash Flow Conversion Efficiency Trend (2004–2024)
This chart illustrates how Viq 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.
Viq Solutions Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Viq Solutions Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Golden Pharos Bhd
KLSE:5649
|
-0.057x |
|
Snail, Inc. Class A Common Stock
NASDAQ:SNAL
|
-0.311x |
|
Zelan Bhd
KLSE:2283
|
-0.271x |
|
Wahana Inti MakmurTbk PT
JK:NASI
|
0.004x |
|
Orange Minerals NL
AU:OMX
|
-0.043x |
|
THG Holdings PLC
LSE:THG
|
-0.134x |
|
NB Private Equity Partners Ltd
LSE:NBPE
|
-0.015x |
|
Zimtu Capital Corp
V:ZC
|
-0.009x |
Annual Cash Flow Conversion Efficiency for Viq Solutions Inc (2004–2024)
The table below shows the annual cash flow conversion efficiency of Viq Solutions Inc from 2004 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$280.41K | CA$1.14 Million | 4.062x | +992.58% |
| 2023-12-31 | CA$6.18 Million | CA$-2.81 Million | -0.455x | -204.78% |
| 2022-12-31 | CA$15.64 Million | CA$-2.34 Million | -0.149x | +59.96% |
| 2021-12-31 | CA$22.09 Million | CA$-8.24 Million | -0.373x | -315.58% |
| 2020-12-31 | CA$19.79 Million | CA$3.42 Million | 0.173x | +169.38% |
| 2019-12-31 | CA$2.21 Million | CA$-551.18K | -0.249x | +55.39% |
| 2018-12-31 | CA$2.71 Million | CA$-1.52 Million | -0.559x | -359.84% |
| 2017-12-31 | CA$6.76 Million | CA$-821.96K | -0.122x | -309.60% |
| 2016-12-31 | CA$2.73 Million | CA$-80.90K | -0.030x | +94.24% |
| 2015-12-31 | CA$1.44 Million | CA$-744.08K | -0.515x | -16.53% |
| 2014-12-31 | CA$1.21 Million | CA$-533.35K | -0.442x | -211.41% |
| 2013-12-31 | CA$2.26 Million | CA$-320.53K | -0.142x | -45.74% |
| 2012-12-31 | CA$3.59 Million | CA$-349.72K | -0.097x | -158.04% |
| 2011-12-31 | CA$3.58 Million | CA$601.40K | 0.168x | +110.33% |
| 2010-12-31 | CA$713.79K | CA$-1.16 Million | -1.625x | -2986.91% |
| 2009-12-31 | CA$2.77 Million | CA$-145.54K | -0.053x | +62.41% |
| 2008-12-31 | CA$2.87 Million | CA$-401.25K | -0.140x | -61.89% |
| 2007-12-31 | CA$1.07 Million | CA$-92.24K | -0.086x | +81.95% |
| 2006-12-31 | CA$1.64 Million | CA$-783.88K | -0.479x | +75.14% |
| 2005-12-31 | CA$1.19 Million | CA$-2.29 Million | -1.928x | -34858.60% |
| 2004-12-31 | CA$1.70 Million | CA$-9.38K | -0.006x | -- |
About Viq Solutions Inc
VIQ Solutions Inc. operates as a technology and service platform provider for digital evidence capture, retrieval, and content management in Australia, the United States, the United Kingdom, Canada, and internationally. It operates in two segments, Technology and Related Revenue, and Technology Services. The Technology and Related Revenue segment develops, distributes, and licenses computer-based… Read more