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 GYM cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
Capital Metals PLC
LSE:CMET
|
-0.094x |
|
Crown LNG Holdings Limited Ordinary Shares
NASDAQ:CGBS
|
-0.192x |
|
Carclo plc
LSE:CAR
|
-0.047x |
|
TUGA INNOVATIONS INC.
F:DQ5
|
0.025x |
|
TTA Holdings Ltd
AU:TTA
|
-0.073x |
|
East Star Resources PLC
LSE:EST
|
-0.884x |
|
Tongaat
JSE:TON
|
1.602x |
|
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 TUT Fitness Group Inc market capitalisation.
| 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.