Carespan Health Inc Cash Flow Conversion Efficiency
Carespan Health Inc 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 ≈ $-2.11 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Carespan Health Inc (2021–2024)
Cash flow conversion efficiency of Carespan Health Inc from 2021 to 2024. This chart illustrates how Carespan Health Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Carespan Health Inc stock price for real-time trading data and today's change.
Carespan Health Inc Cash Flow Conversion Ratio Explained
Carespan Health Inc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Carespan Health Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Carespan Health Inc ranked by their cash flow conversion efficiency. Also see CSPN stock market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Leju Holdings Limited
NYSE:LEJUY
|
N/A |
|
SecUR Credentials Limited
NSE:SECURCRED
|
0.033x |
|
Shanti Overseas (India) Limited
NSE:SHANTI
|
-0.015x |
|
Mullen Automotive Inc.
NASDAQ:MULN
|
0.194x |
|
Manitex Capital Inc
V:MNX
|
0.000x |
|
Alternative Income REIT PLC
LSE:AIRE
|
0.036x |
|
Van Elle Holdings PLC
LSE:VANL
|
0.114x |
|
Thiensurat Public Company Limited
BK:TSR
|
0.031x |
Annual Cash Flow Conversion Efficiency for Carespan Health Inc (2021–2024)
The table below shows the annual cash flow conversion efficiency of Carespan Health Inc from 2021 to 2024. Review Carespan Health Inc (CSPN) FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$-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