Innovotech Inc
Innovotech Inc. provides assay kits used in growing microbial biofilms for research purposes in Canada, the United States, and internationally. The company offers InnovoSIL, a silver periodate antimicrobial compounds for medical applications; and MBEC Assay kit, a screening assay used to determine the efficacy of antimicrobials against biofilms of a variety of microorganisms; pre-coated MBEC Assa… Read more
Innovotech Inc (IOT) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.037x
Based on the latest financial reports, Innovotech Inc (IOT) has a cash flow conversion efficiency ratio of -0.037x as of September 2025.
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$-102.94K) by net assets (CA$2.80 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Innovotech Inc - Cash Flow Conversion Efficiency Trend (2003–2024)
This chart illustrates how Innovotech Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Innovotech Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Innovotech Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Tambourah Metals Ltd
AU:TMB
|
-0.049x |
|
Civil Engineering PCL
BK:CIVIL
|
0.227x |
|
Masivo Silver Corp
PINK:GNYPF
|
-0.991x |
|
Krynica Vitamin SA
WAR:KVT
|
0.004x |
|
Gelteq Limited Ordinary Shares
NASDAQ:GELS
|
-0.019x |
|
Bri-Chem Corp
OTCQB:BRYFF
|
0.093x |
|
FenixOro Gold Corp
PINK:FDVXF
|
-0.262x |
|
The Tinley Beverage Company Inc
OTCQB:TNYBF
|
0.558x |
Annual Cash Flow Conversion Efficiency for Innovotech Inc (2003–2024)
The table below shows the annual cash flow conversion efficiency of Innovotech Inc from 2003 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$2.62 Million | CA$-81.64K | -0.031x | +86.37% |
| 2023-12-31 | CA$998.60K | CA$-228.08K | -0.228x | -215.91% |
| 2022-12-31 | CA$1.06 Million | CA$208.39K | 0.197x | +826.07% |
| 2021-12-31 | CA$1.18 Million | CA$25.04K | 0.021x | -92.17% |
| 2020-12-31 | CA$644.98K | CA$175.24K | 0.272x | -65.07% |
| 2019-12-31 | CA$98.09K | CA$76.30K | 0.778x | +125.90% |
| 2018-12-31 | CA$93.47K | CA$-280.75K | -3.004x | -243.54% |
| 2017-12-31 | CA$181.51K | CA$-158.69K | -0.874x | -45878.85% |
| 2016-12-31 | CA$-1.22 Million | CA$2.32K | -0.002x | +95.34% |
| 2015-12-31 | CA$-1.00 Million | CA$40.90K | -0.041x | -135.58% |
| 2014-12-31 | CA$-765.66K | CA$-87.75K | 0.115x | -88.37% |
| 2013-12-31 | CA$-569.33K | CA$-560.96K | 0.985x | +6432.59% |
| 2003-12-31 | CA$836.94K | CA$-13.02K | -0.016x | -171.08% |
| 2003-09-30 | CA$841.40K | CA$18.42K | 0.022x | -- |