Globe Industries Corp (1324) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Globe Industries Corp (1324) has a cash flow conversion efficiency ratio of -0.006x as of September 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 (NT$-5.54 Million ≈ $-174.63K USD) by net assets (NT$894.10 Million ≈ $28.17 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See 1324 equity financing ratio to measure how much of total assets are equity-financed.
Globe Industries Corp - Cash Flow Conversion Efficiency Trend (2003–2024)
This chart illustrates how Globe Industries Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Globe Industries Corp (1324) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
Globe Industries Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Globe Industries Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
UTStarcom Holdings Corp
NASDAQ:UTSI
|
-0.054x |
|
Inalways
TWO:5398
|
-0.012x |
|
Tura Group AB
ST:TURA
|
0.027x |
|
BG T&A Co
KQ:046310
|
0.070x |
|
ScandBook Holding AB
ST:SBOK
|
-0.007x |
|
FASOO.COM Co Ltd
KQ:150900
|
0.045x |
|
CLPS Inc
NASDAQ:CLPS
|
-0.042x |
|
Times Guaranty Limited
NSE:TIMESGTY
|
-0.017x |
Annual Cash Flow Conversion Efficiency for Globe Industries Corp (2003–2024)
The table below shows the annual cash flow conversion efficiency of Globe Industries Corp from 2003 to 2024. For the full company profile with market capitalisation and key ratios, see 1324 company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | NT$967.29 Million ≈ $30.47 Million |
NT$41.33 Million ≈ $1.30 Million |
0.043x | -49.66% |
| 2023-12-31 | NT$971.10 Million ≈ $30.59 Million |
NT$82.44 Million ≈ $2.60 Million |
0.085x | -0.26% |
| 2022-12-31 | NT$953.59 Million ≈ $30.04 Million |
NT$81.16 Million ≈ $2.56 Million |
0.085x | +361.05% |
| 2021-12-31 | NT$949.04 Million ≈ $29.90 Million |
NT$-30.94 Million ≈ $-974.78K |
-0.033x | -125.05% |
| 2020-12-31 | NT$972.29 Million ≈ $30.63 Million |
NT$126.56 Million ≈ $3.99 Million |
0.130x | +1072.65% |
| 2019-12-31 | NT$973.47 Million ≈ $30.67 Million |
NT$10.81 Million ≈ $340.45K |
0.011x | +222.47% |
| 2018-12-31 | NT$1.00 Billion ≈ $31.58 Million |
NT$-9.09 Million ≈ $-286.23K |
-0.009x | -107.69% |
| 2017-12-31 | NT$1.03 Billion ≈ $32.31 Million |
NT$120.85 Million ≈ $3.81 Million |
0.118x | +28.64% |
| 2016-12-31 | NT$1.00 Billion ≈ $31.53 Million |
NT$91.67 Million ≈ $2.89 Million |
0.092x | +204.56% |
| 2015-12-31 | NT$988.27 Million ≈ $31.14 Million |
NT$29.73 Million ≈ $936.53K |
0.030x | -85.27% |
| 2014-12-31 | NT$959.65 Million ≈ $30.23 Million |
NT$195.93 Million ≈ $6.17 Million |
0.204x | +1571.38% |
| 2013-12-31 | NT$1.02 Billion ≈ $32.10 Million |
NT$12.45 Million ≈ $392.09K |
0.012x | -88.92% |
| 2012-12-31 | NT$1.01 Billion ≈ $31.98 Million |
NT$111.91 Million ≈ $3.53 Million |
0.110x | -2.55% |
| 2011-12-31 | NT$1.04 Billion ≈ $32.89 Million |
NT$118.11 Million ≈ $3.72 Million |
0.113x | +14.36% |
| 2010-12-31 | NT$984.55 Million ≈ $31.02 Million |
NT$97.41 Million ≈ $3.07 Million |
0.099x | +62.90% |
| 2009-12-31 | NT$991.19 Million ≈ $31.23 Million |
NT$60.20 Million ≈ $1.90 Million |
0.061x | -23.16% |
| 2008-12-31 | NT$920.15 Million ≈ $28.99 Million |
NT$72.73 Million ≈ $2.29 Million |
0.079x | +193.69% |
| 2006-12-31 | NT$893.77 Million ≈ $28.16 Million |
NT$24.05 Million ≈ $757.86K |
0.027x | -87.55% |
| 2005-12-31 | NT$910.79 Million ≈ $28.69 Million |
NT$196.90 Million ≈ $6.20 Million |
0.216x | +68.91% |
| 2003-12-31 | NT$926.72 Million ≈ $29.20 Million |
NT$118.61 Million ≈ $3.74 Million |
0.128x | -- |
About Globe Industries Corp
Globe Industries Corporation engages in the manufacturing, processing, printing, and trading of various tapes worldwide. It offers PVC (vinyl) tapes, such as can sealing, embossed, electrical, floor marking, hazard warning, PVC duct, underground pipe wrapping, plastering, and wire harness tapes, as well as carbon footprint, aluminum foil, cellophane, cloth, double-sided, holding, kraft paper pack… Read more