Kovo Healthtech Corp (KOVO) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Kovo Healthtech Corp (KOVO) has a cash flow conversion efficiency ratio of 0.083x 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$-624.00K ≈ $-451.39K USD) by net assets (CA$-7.53 Million ≈ $-5.45 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Kovo Healthtech Corp - Cash Flow Conversion Efficiency Trend (2020–2024)
This chart illustrates how Kovo Healthtech Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read how much debt does Kovo Healthtech Corp carry for a breakdown of total debt and financial obligations.
Kovo Healthtech Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Kovo Healthtech Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
CNS Pharmaceuticals Inc
NASDAQ:CNSP
|
-0.675x |
|
ZAZZ Energy of Sweden AB
ST:ZAZZ-B
|
-0.063x |
|
Propell Holdings Ltd
AU:PHL
|
-0.056x |
|
Kore Potash Plc
LSE:KP2
|
0.000x |
|
China SXT Pharmaceuticals Inc
NASDAQ:SXTC
|
-0.024x |
|
MJ Gleeson plc
LSE:GLE
|
0.070x |
|
ActiveOps PLC
LSE:AOM
|
-0.136x |
|
KEFI Gold and Copper Plc
LSE:KEFI
|
-0.170x |
Annual Cash Flow Conversion Efficiency for Kovo Healthtech Corp (2020–2024)
The table below shows the annual cash flow conversion efficiency of Kovo Healthtech Corp from 2020 to 2024. For the full company profile with market capitalisation and key ratios, see Kovo Healthtech Corp market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$-3.99 Million ≈ $-2.89 Million |
CA$-3.98 Million ≈ $-2.88 Million |
0.997x | -58.40% |
| 2023-12-31 | CA$-299.00K ≈ $-216.29K |
CA$-717.00K ≈ $-518.67K |
2.398x | +627.56% |
| 2022-12-31 | CA$924.00K ≈ $668.41K |
CA$-420.00K ≈ $-303.82K |
-0.455x | -107.73% |
| 2021-12-31 | CA$-170.00K ≈ $-122.98K |
CA$-1.00 Million ≈ $-723.38K |
5.882x | +683.46% |
| 2020-12-31 | CA$-614.00K ≈ $-444.16K |
CA$-461.00K ≈ $-333.48K |
0.751x | -- |
About Kovo Healthtech Corp
Kovo+ Holdings Inc. operates as a healthcare technology company in the United States. The company delivers various software solutions and services, including revenue cycle management, inpatient systems, and ambulatory and eHealth software; and credentialing and hourly services, as well as electronic health records. It also offers associated services, such as electronic claim process, eligibility … Read more