Digihost Technology Inc Cash Flow Conversion Efficiency
Digihost Technology Inc 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.
Cash Flow Conversion Efficiency of Digihost Technology Inc (2019–2024)
Cash flow conversion efficiency of Digihost Technology Inc from 2019 to 2024. This chart illustrates how Digihost Technology Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Digihost Technology Inc stock quote for real-time trading data and today's change.
Digihost Technology Inc Cash Flow Conversion Ratio Explained
Digihost Technology 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.
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. Also see Digihost Technology Inc (DGHI) market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Indonesia Energy
NYSE MKT:INDO
|
-0.054x |
|
Peninsula Land Limited
NSE:PENINLAND
|
0.090x |
|
Hancom WITH Inc
KQ:054920
|
-0.060x |
|
Everbrite Technology Co Ltd
TWO:4523
|
-0.042x |
|
Viewbix Inc. Common Stock
NASDAQ:VBIX
|
-0.183x |
|
Vertical Aerospace Ltd
NYSE:EVTL
|
2.941x |
|
Elton International Trading Company S.A
AT:ELTON
|
0.056x |
|
Daehan New Pharm Co. Ltd
KQ:054670
|
0.034x |
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. Review Digihost Technology Inc free cash flow efficiency 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$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.