GAME HOURS Inc.
GAME HOURS Inc. develops and publishes mobile gaming products. The company was formerly known as WeGames Corporation and changed its name to GAME HOURS Inc. in December 2020. GAME HOURS Inc. was incorporated in 2013 and is based in Taipei, Taiwan.
GAME HOURS Inc. (6626) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2023: -0.315x
Based on the latest financial reports, GAME HOURS Inc. (6626) has a cash flow conversion efficiency ratio of -0.315x as of December 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 (NT$-23.77 Million) by net assets (NT$75.46 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
GAME HOURS Inc. - Cash Flow Conversion Efficiency Trend (2019–2023)
This chart illustrates how GAME HOURS 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.
GAME HOURS Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of GAME HOURS Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
ATHENE HOLDING PRF.SER.C
F:ATR0
|
N/A |
|
CIM-P-A
NYSE:CIM-P-A
|
N/A |
|
CARNIVAL (POH1.SG)
STU:POH1
|
0.140x |
|
Jolimark Holdings Limited
PINK:JLMKF
|
0.099x |
|
OXFORD LANE CAP.CORP.DL25
F:4RQ0
|
N/A |
|
BlackRock Science and Technology Trust II
NYSE:BSTZ
|
-0.009x |
|
ABENGOA YIELD
MU:AY3
|
0.051x |
|
Entergy New Orleans LLC Pref
NYSE:ENO
|
0.098x |
Annual Cash Flow Conversion Efficiency for GAME HOURS Inc. (2019–2023)
The table below shows the annual cash flow conversion efficiency of GAME HOURS Inc. from 2019 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | NT$75.46 Million | NT$-133.68 Million | -1.771x | -703.73% |
| 2022-12-31 | NT$159.57 Million | NT$46.82 Million | 0.293x | +1592.96% |
| 2021-12-31 | NT$309.26 Million | NT$-6.08 Million | -0.020x | +94.13% |
| 2020-12-31 | NT$355.05 Million | NT$-118.96 Million | -0.335x | -315.38% |
| 2019-12-31 | NT$883.06 Million | NT$-71.23 Million | -0.081x | -- |