TUT Fitness Group Inc Cash Flow Conversion Efficiency
TUT Fitness Group Inc 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.
Cash Flow Conversion Efficiency of TUT Fitness Group Inc (2021–2023)
Cash flow conversion efficiency of TUT Fitness Group Inc from 2021 to 2023. This chart illustrates how TUT Fitness Group Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View today's stock price for TUT Fitness Group Inc for real-time trading data and today's change.
TUT Fitness Group Inc Cash Flow Conversion Ratio Explained
TUT Fitness Group 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.
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. Also see GYM stock market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Crown LNG Holdings Limited Ordinary Shares
NASDAQ:CGBS
|
-0.192x |
|
Jpmorgan Global Core Real Assets Ltd
LSE:JARA
|
0.046x |
|
Wynnstay Properties PLC
LSE:WSP
|
0.014x |
|
TUGA INNOVATIONS INC.
F:DQ5
|
0.025x |
|
First Property Group plc
LSE:FPO
|
-0.004x |
|
Discovery-Corp Enterprises Inc.
V:DCY
|
-0.574x |
|
TTA Holdings Ltd
AU:TTA
|
-0.073x |
|
Itaconix plc
LSE:ITX
|
-0.059x |
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. Review GYM free cash flow debt coverage to assess the company's free cash flow relative to its total liabilities.
| 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.