Cheelcare Inc.

V:CHER Canada Medical Devices
Market Cap
$24.46 Million
CA$35.14 Million CAD
Market Cap Rank
#44716 Global
#707 in Canada
Share Price
CA$1.79
Change (1 day)
-0.56%
52-Week Range
CA$0.83 - CA$1.98
All Time High
CA$1.98
Categories
Companies in Canada Medical Devices
About

Cheelcare Inc. develops, manufactures, and distributes assistive mobility devices. It offers robotic complex rehab power wheelchairs, power add-ons for manual wheelchairs, and wheelchair accessories. The company is based in Richmond Hill, Canada.

Cheelcare Inc. (CHER) - Cash Flow Conversion Efficiency

Latest cash flow conversion efficiency as of April 2024: 0.022x

Based on the latest financial reports, Cheelcare Inc. (CHER) has a cash flow conversion efficiency ratio of 0.022x as of April 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$-52.88K) by net assets (CA$-2.36 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Cheelcare Inc. - Cash Flow Conversion Efficiency Trend (2023–2024)

This chart illustrates how Cheelcare 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.

Cheelcare Inc. Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Cheelcare Inc. ranked by their cash flow conversion efficiency.

Company Cash Flow Conversion Efficiency
Wellness Center Usa
PINK:WCUI
 		0.031x
ZIL Ltd
KAR:ZIL
 		N/A
RHB Capital Berhad
OTCGREY:RHBAF
 		-0.002x
LPIX
PINK:LPIX
 		N/A
Onlineformapro SA
PA:MLONL
 		N/A
Metrics Master Income Trust
AU:MXT
 		0.036x
ALLD3F
SA:ALLD3F
 		N/A
EKSPRESS GROUP (DYC.SG)
STU:DYC
 		0.034x

Annual Cash Flow Conversion Efficiency for Cheelcare Inc. (2023–2024)

The table below shows the annual cash flow conversion efficiency of Cheelcare Inc. from 2023 to 2024.

Year Net Assets Operating Cash Flow Cash Flow Conversion Efficiency Change
2024-04-30 CA$-2.36 Million CA$-210.77K 0.089x +464.74%
2023-04-30 CA$-1.89 Million CA$-29.89K 0.016x --