Digihost Technology Inc (DGHI) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Digihost Technology Inc (DGHI) has a cash flow conversion efficiency ratio of -0.819x as of December 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$-18.00 Million ≈ $-13.02 Million USD) by net assets (CA$21.98 Million ≈ $15.90 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see market value of Digihost Technology Inc for the company's overall valuation and market capitalisation.
Digihost Technology Inc - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how Digihost Technology Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Digihost Technology Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Digihost Technology Inc ranked by their cash flow conversion efficiency. Explore how high is Digihost Technology Inc's earnings quality to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Indonesia Energy
NYSE MKT:INDO
|
-0.054x |
|
Hyundai Industrial Co. Ltd
KQ:170030
|
-0.005x |
|
Cherrybro co.Ltd
KQ:066360
|
0.064x |
|
Green Cross Medical Science Corporation
KQ:142280
|
-0.013x |
|
Entropy Neurodynamics Limited
AU:ENP
|
-0.110x |
|
Viewbix Inc. Common Stock
NASDAQ:VBIX
|
-0.183x |
|
Wisekey International Holding AG
NASDAQ:WKEY
|
-0.037x |
|
Elton International Trading Company S.A
AT:ELTON
|
0.056x |
Annual Cash Flow Conversion Efficiency for Digihost Technology Inc (2019–2024)
The table below shows the annual cash flow conversion efficiency of Digihost Technology Inc from 2019 to 2024. View DGHI stock price and chart for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$21.98 Million ≈ $15.90 Million |
CA$-17.53 Million ≈ $-12.68 Million |
-0.798x | -509.81% |
| 2023-12-31 | CA$29.25 Million ≈ $21.16 Million |
CA$5.69 Million ≈ $4.12 Million |
0.195x | +369.17% |
| 2022-12-31 | CA$47.17 Million ≈ $34.13 Million |
CA$-3.41 Million ≈ $-2.47 Million |
-0.072x | +42.71% |
| 2021-12-31 | CA$70.20 Million ≈ $50.79 Million |
CA$-8.86 Million ≈ $-6.41 Million |
-0.126x | +41.42% |
| 2020-12-31 | CA$10.44 Million ≈ $7.55 Million |
CA$-2.25 Million ≈ $-1.63 Million |
-0.215x | -116.07% |
| 2019-12-31 | CA$-274.71K ≈ $-198.72K |
CA$-368.17K ≈ $-266.33K |
1.340x | -- |
About Digihost Technology Inc
Digihost Technology Inc. operates as a blockchain technology company in the United States and Canada. The company operates through Cryptocurrency Mining, Sales of Energy, and Colocation Services segments. It also mines for cryptocurrency; and supplies energy from power plants. Digihost Technology Inc. was incorporated in 2017 and is headquartered in Houston, Texas.