Hank Payments Corp Cash Flow Conversion Efficiency
Hank Payments Corp 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 ≈ $-5.20 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Hank Payments Corp (2022–2024)
Cash flow conversion efficiency of Hank Payments Corp from 2022 to 2024. This chart illustrates how Hank Payments Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. View latest Hank Payments Corp stock price today for real-time trading data and today's change.
Hank Payments Corp Cash Flow Conversion Ratio Explained
Hank Payments Corp cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Hank Payments Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Hank Payments Corp ranked by their cash flow conversion efficiency. Also see HANK company net worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
NYESA VALOS CO.EO 001
F:7NY0
|
N/A |
|
Equity Metals Corp
V:EQTY
|
-0.520x |
|
MindForge Inc.
NASDAQ:MF
|
-0.017x |
|
Dong Won Fish
KO:030720
|
0.073x |
|
New Zealand Energy Corp
V:NZ
|
-0.179x |
|
Vereinigte Filzfabriken AG
MU:VFF
|
N/A |
|
Millennium Group International Holdings Limited Ordinary Shares
NASDAQ:MGIH
|
-0.078x |
|
Alta Zinc Limited
F:8EE
|
-0.151x |
Annual Cash Flow Conversion Efficiency for Hank Payments Corp (2022–2024)
The table below shows the annual cash flow conversion efficiency of Hank Payments Corp from 2022 to 2024. Review Hank Payments Corp (HANK) FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-06-30 | CA$-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