Lumine Group Inc. Cash Flow Conversion Efficiency
Lumine Group Inc. cash flow conversion efficiency. Based on the latest financial reports, Lumine Group Inc. (LMN) has a cash flow conversion efficiency ratio of 0.016x as of June 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$10.05 Million ≈ $7.27 Million USD) by net assets (CA$634.24 Million ≈ $458.80 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Lumine Group Inc. (2021–2023)
Cash flow conversion efficiency of Lumine Group Inc. from 2021 to 2023. This chart illustrates how Lumine Group Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. View Lumine Group Inc. stock price for real-time trading data and today's change.
Lumine Group Inc. Cash Flow Conversion Ratio Explained
Lumine Group Inc. cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Lumine Group Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Lumine Group Inc. ranked by their cash flow conversion efficiency. Also see Lumine Group Inc. stock valuation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Hubei Feilihua Quartz Glass Co Ltd
SHE:300395
|
0.003x |
|
Bancolombia S.A
F:BXK
|
0.267x |
|
E-L Financial Corp Ltd
TO:ELF
|
0.019x |
|
BRF S.A
F:P5Y
|
0.142x |
|
Lagercrantz Group AB (publ)
ST:LAGR-B
|
0.132x |
|
Mega Or
TA:MGOR
|
0.003x |
|
KBR Inc
NYSE:KBR
|
0.030x |
|
Credit Acceptance Corporation
NASDAQ:CACC
|
0.195x |
Annual Cash Flow Conversion Efficiency for Lumine Group Inc. (2021–2023)
The table below shows the annual cash flow conversion efficiency of Lumine Group Inc. from 2021 to 2023. Review Lumine Group Inc. free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | CA$-3.84 Billion ≈ $-2.78 Billion |
CA$108.23 Million ≈ $78.29 Million |
-0.028x | -112.51% |
| 2022-12-31 | CA$153.78 Million ≈ $111.24 Million |
CA$34.62 Million ≈ $25.05 Million |
0.225x | -54.68% |
| 2021-12-31 | CA$173.15 Million ≈ $125.25 Million |
CA$86.03 Million ≈ $62.23 Million |
0.497x | -- |
About Lumine Group Inc.
Lumine Group Inc. offers develops, installs, and customizes of software worldwide. It also provides related professional and support services. In addition, the company is involved in the sale of software licenses; and resale of third-party hardware. The company was founded in 2014 and is headquartered in Mississauga, Canada. Lumine Group Inc. is a subsidiary of Trapeze Software ULC.