TUT Fitness Group Inc (GYM) - Cash Flow Conversion Efficiency
Based on the latest financial reports, TUT Fitness Group Inc (GYM) has a cash flow conversion efficiency ratio of -0.212x 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$-61.48K ≈ $-44.48K USD) by net assets (CA$290.24K ≈ $209.95K 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 TUT Fitness Group Inc's balance sheet to measure how much of total assets are equity-financed.
TUT Fitness Group Inc - Cash Flow Conversion Efficiency Trend (2021–2023)
This chart illustrates how TUT Fitness Group Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore TUT Fitness Group Inc (GYM) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
TUT Fitness Group Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of TUT Fitness Group Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Crown LNG Holdings Limited Ordinary Shares
NASDAQ:CGBS
|
-0.192x |
|
ORUM
KQ:475830
|
-0.045x |
|
TUGA INNOVATIONS INC.
F:DQ5
|
0.025x |
|
Kavango Resources PLC
LSE:KAV
|
-0.160x |
|
TTA Holdings Ltd
AU:TTA
|
-0.073x |
|
Tongaat
JSE:TON
|
1.602x |
|
Itaconix plc
LSE:ITX
|
-0.059x |
|
Multistack International Ltd
AU:MSI
|
-0.834x |
Annual Cash Flow Conversion Efficiency for TUT Fitness Group Inc (2021–2023)
The table below shows the annual cash flow conversion efficiency of TUT Fitness Group Inc from 2021 to 2023. For the full company profile with market capitalisation and key ratios, see how much is TUT Fitness Group Inc worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-09-30 | CA$290.24K ≈ $209.95K |
CA$-445.53K ≈ $-322.29K |
-1.535x | -46.23% |
| 2022-09-30 | CA$1.67 Million ≈ $1.21 Million |
CA$-1.75 Million ≈ $-1.27 Million |
-1.050x | -273.96% |
| 2021-09-30 | CA$3.51 Million ≈ $2.54 Million |
CA$-985.54K ≈ $-712.92K |
-0.281x | -- |
About TUT Fitness Group Inc
TUT Fitness Group Inc.designs, develops, manufactures, distributes, and sells fitness equipment in Canada and the United States. It offers TUT Trainer, a portable micro-gym; TUT Rower, a rower cardio workout product; and TUT Training mobile app, as well as related accessories. TUT Fitness Group Inc. was founded in 2018 and is headquartered in Vancouver, Canada.