Carespan Health Inc (CSPN) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Carespan Health Inc (CSPN) has a cash flow conversion efficiency ratio of 0.028x as of March 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 (CA$-81.73K ≈ $-59.12K USD) by net assets (CA$-2.92 Million ≈ $-2.11 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Carespan Health Inc (CSPN) liquidity interval to measure how many days the company can operate on defensive assets alone.
Carespan Health Inc - Cash Flow Conversion Efficiency Trend (2021–2024)
This chart illustrates how Carespan Health Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Carespan Health Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Carespan Health Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Wheeler Real Estate Investment Trust, Inc.
NASDAQ:WHLR
|
0.049x |
|
Leju Holdings Limited
NYSE:LEJUY
|
N/A |
|
Kromek Group PLC
LSE:KMK
|
0.282x |
|
Made Tech Group PLC
LSE:MTEC
|
0.110x |
|
Victoria PLC
LSE:VCP
|
-0.039x |
|
Manitex Capital Inc
V:MNX
|
0.000x |
|
Network Media Group Inc
V:NTE
|
0.082x |
|
Van Elle Holdings PLC
LSE:VANL
|
0.114x |
Annual Cash Flow Conversion Efficiency for Carespan Health Inc (2021–2024)
The table below shows the annual cash flow conversion efficiency of Carespan Health Inc from 2021 to 2024. For the full company profile with market capitalisation and key ratios, see market cap of Carespan Health Inc.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$-2.82 Million ≈ $-2.04 Million |
CA$-913.99K ≈ $-661.17K |
0.324x | -54.85% |
| 2023-12-31 | CA$-2.29 Million ≈ $-1.65 Million |
CA$-1.64 Million ≈ $-1.19 Million |
0.718x | -72.30% |
| 2022-12-31 | CA$-885.02K ≈ $-640.21K |
CA$-2.29 Million ≈ $-1.66 Million |
2.592x | -37.62% |
| 2021-12-31 | CA$-699.52K ≈ $-506.03K |
CA$-2.91 Million ≈ $-2.10 Million |
4.155x | -- |
About Carespan Health Inc
CareSpan Health, Inc., together with its subsidiaries, operates as a healthcare technology and services company in the United States. The company offers CareSpan Clinic, a clinic-in-the-cloud workflow-driven platform that integrates remote patient monitoring, diagnostic tools, patient electronic health records, care collaboration capabilities, patient engagement, e-prescribing, and lab ordering, … Read more