Hank Payments Corp (HANK) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Hank Payments Corp (HANK) has a cash flow conversion efficiency ratio of -0.008x 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$55.54K ≈ $40.18K USD) by net assets (CA$-7.19 Million ≈ $-5.20 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See HANK defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Hank Payments Corp - Cash Flow Conversion Efficiency Trend (2022–2024)
This chart illustrates how Hank Payments Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Hank Payments Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Hank Payments Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Artroniq Berhad
KLSE:0038
|
0.001x |
|
GREAT PORTLAND ESTATES PLC
LSE:GPE
|
0.002x |
|
PCCS Group Bhd
KLSE:6068
|
0.196x |
|
Aberforth Smaller Companies Trust PLC
LSE:ASL
|
0.015x |
|
SBC Corp Bhd
KLSE:5207
|
-0.023x |
|
MyTech Group Bhd
KLSE:7692
|
0.134x |
|
Wetouch Technology Inc. Common Stock
NASDAQ:WETH
|
0.004x |
|
Lena Lighting S.A.
WAR:LEN
|
-0.024x |
Annual Cash Flow Conversion Efficiency for Hank Payments Corp (2022–2024)
The table below shows the annual cash flow conversion efficiency of Hank Payments Corp from 2022 to 2024. For the full company profile with market capitalisation and key ratios, see market cap of Hank Payments Corp.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-06-30 | CA$-7.87 Million ≈ $-5.69 Million |
CA$-2.38 Million ≈ $-1.72 Million |
0.303x | +377.26% |
| 2023-06-30 | CA$-6.02 Million ≈ $-4.36 Million |
CA$-381.75K ≈ $-276.15K |
0.063x | -81.79% |
| 2022-06-30 | CA$-4.13 Million ≈ $-2.99 Million |
CA$-1.44 Million ≈ $-1.04 Million |
0.348x | -- |
About Hank Payments Corp
Hank Payments Corp. operates a banking-as-a-service (BaaS) platform in Canada and the United States. The company offers payment solutions to enterprises and its consumers in auto, doors, education, equity builder, lenders, and fintechs. The company was formerly known as Nobelium Tech Corp. and changed its name to Hank Payments Corp. in October 2021. Hank Payments Corp. is headquartered in Toronto… Read more