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. See how leveraged is Digihost Technology Inc's balance sheet to measure how much of total assets are equity-financed.
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. Check DGHI cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Indonesia Energy
NYSE MKT:INDO
|
-0.054x |
|
Texas Community Bancshares Inc
NASDAQ:TCBS
|
0.030x |
|
Pikko Land Development Tbk
JK:RODA
|
0.051x |
|
Ildong Holdings Co Ltd
KO:000230
|
0.042x |
|
Viewbix Inc. Common Stock
NASDAQ:VBIX
|
-0.183x |
|
DSR Corp
KO:155660
|
0.038x |
|
Elton International Trading Company S.A
AT:ELTON
|
0.056x |
|
Sentry Select Primary Metals Corp
TO:PME
|
0.010x |
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. For the full company profile with market capitalisation and key ratios, see DGHI market cap overview.
| 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.