Graphene Manufacturing Group Ltd (GMG) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Graphene Manufacturing Group Ltd (GMG) has a cash flow conversion efficiency ratio of -0.205x as of September 2023. 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$-2.28 Million ≈ $-1.65 Million USD) by net assets (CA$11.15 Million ≈ $8.06 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 Graphene Manufacturing Group Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Graphene Manufacturing Group Ltd - Cash Flow Conversion Efficiency Trend (2020–2023)
This chart illustrates how Graphene Manufacturing Group Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Graphene Manufacturing Group Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Graphene Manufacturing Group Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Polski Holding Nieruchomości SA
WAR:PHN
|
0.014x |
|
Telechips Inc
KQ:054450
|
0.019x |
|
Dala Energi AB
ST:DE
|
0.011x |
|
Hecto Innovation Co. Ltd.
KQ:214180
|
0.044x |
|
Daewon Pharm
KO:003220
|
0.111x |
|
SKYX Platforms Corp
NASDAQ:SKYX
|
-0.252x |
|
Forrester Research Inc
NASDAQ:FORR
|
-0.030x |
|
GTS Internasional Tbk PT
JK:GTSI
|
0.175x |
Annual Cash Flow Conversion Efficiency for Graphene Manufacturing Group Ltd (2020–2023)
The table below shows the annual cash flow conversion efficiency of Graphene Manufacturing Group Ltd from 2020 to 2023. For the full company profile with market capitalisation and key ratios, see Graphene Manufacturing Group Ltd (GMG) market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-06-30 | CA$8.69 Million ≈ $6.29 Million |
CA$-10.55 Million ≈ $-7.63 Million |
-1.214x | -86.65% |
| 2022-06-30 | CA$10.10 Million ≈ $7.31 Million |
CA$-6.57 Million ≈ $-4.75 Million |
-0.650x | +60.49% |
| 2021-06-30 | CA$2.03 Million ≈ $1.47 Million |
CA$-3.35 Million ≈ $-2.42 Million |
-1.646x | -28.25% |
| 2020-06-30 | CA$1.68 Million ≈ $1.22 Million |
CA$-2.16 Million ≈ $-1.56 Million |
-1.283x | -- |
About Graphene Manufacturing Group Ltd
Graphene Manufacturing Group Ltd, a clean-technology company, engages in the manufacture of graphene powder and energy saving and energy storage solutions enabled by graphene in Australia. The company offers graphene products, including Thermal-XR HVAC coating system, which improves the conductivity of corroded heat exchange surfaces; G Lubricant, a concentrate of GMG Graphene and lubricating oil… Read more