Steer Technologies Inc.
Argo Corporation provides technology-enabled transit solutions in Canada. The company offers Argo Transit, a platform that offers municipalities a transit solution which Argo Transit has been deployed can use the Argo app to request trips at or near door for a standard transit fare. It also provides Argo School, a platform to serve the student transportation market. The company was formerly known… Read more
Steer Technologies Inc. (ARGH) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2024: -0.338x
Based on the latest financial reports, Steer Technologies Inc. (ARGH) has a cash flow conversion efficiency ratio of -0.338x 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 (CA$-657.51K) by net assets (CA$1.94 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Steer Technologies Inc. - Cash Flow Conversion Efficiency Trend (2020–2023)
This chart illustrates how Steer Technologies 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.
Steer Technologies Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Steer Technologies Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Netas Telekomunikasyon AS
IS:NETAS
|
0.222x |
|
Hareket Proje Tasimaciligi ve Yuk Muhendisligi Anonim Sirketi
IS:HRKET
|
N/A |
|
Metagenomi, Inc. Common Stock
NASDAQ:MGX
|
-0.119x |
|
Radiopharm Theranostics Limited American Depositary Shares
PINK:RADX
|
-0.168x |
|
Bien Yapi Urunleri Sanayi Turizm ve Ticaret A.S.
IS:BIENY
|
0.021x |
|
Kaulin Mfg
TW:1531
|
0.024x |
|
Mineros S.A.
PINK:MNSAF
|
0.101x |
|
Borders & Southern Petroleum plc
PINK:BDRSF
|
-0.004x |
Annual Cash Flow Conversion Efficiency for Steer Technologies Inc. (2020–2023)
The table below shows the annual cash flow conversion efficiency of Steer Technologies Inc. from 2020 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | CA$2.15 Million | CA$-7.52 Million | -3.494x | +90.77% |
| 2022-12-31 | CA$460.18K | CA$-17.41 Million | -37.838x | -1824.33% |
| 2021-12-31 | CA$10.11 Million | CA$-19.89 Million | -1.966x | -222.57% |
| 2020-12-31 | CA$15.73 Million | CA$-9.59 Million | -0.610x | -- |