Xanadu Quantum Technologies Limited (XNDU) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Xanadu Quantum Technologies Limited (XNDU) has a cash flow conversion efficiency ratio of -0.135x as of December 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 (CA$-11.86 Million) by net assets (CA$87.50 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Xanadu Quantum Technologies Limited - Cash Flow Conversion Efficiency Trend (2023–2024)
This chart illustrates how Xanadu Quantum Technologies Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Xanadu Quantum Technologies Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Xanadu Quantum Technologies Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Eikon Therapeutics, Inc. Common Stock
NASDAQ:EIKN
|
0.030x |
|
TOYOBO
DU:TO7
|
N/A |
|
PEXZD
OTCQB:PEXZD
|
-0.372x |
|
Gaussin SA
MU:1KK1
|
N/A |
|
ITUB3F
SA:ITUB3F
|
N/A |
|
BICL39
SA:BICL39
|
N/A |
|
Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares
NASDAQ:XNDU
|
-0.005x |
|
DREAM INDUSTR.R.E.I.TR.
F:6MS
|
N/A |
Annual Cash Flow Conversion Efficiency for Xanadu Quantum Technologies Limited (2023–2024)
The table below shows the annual cash flow conversion efficiency of Xanadu Quantum Technologies Limited from 2023 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$87.50 Million | CA$-41.74 Million | -0.477x | -112.93% |
| 2023-12-31 | CA$131.90 Million | CA$-29.55 Million | -0.224x | -- |
About Xanadu Quantum Technologies Limited
Xanadu Quantum Technologies Limited develops and provides photonic quantum computing hardware and software platforms, including cloud-based access to quantum computers and tools for quantum programming and simulation. The company provides access to photonic quantum computers through x-series devices available via the cloud, supporting programmable quantum gates and photon-number resolving detecto… Read more