Lumine Group Inc. (LMN) - 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 ≈ $458.80 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Lumine Group Inc. - Cash Flow Conversion Efficiency Trend (2021–2023)
This chart illustrates how Lumine Group Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Read debt load of Lumine Group Inc. for a breakdown of total debt and financial obligations.
Lumine Group Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Lumine Group Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
FIELMANN AG (ADR/1/5)O.N.
F:FIE1
|
N/A |
|
KINGDEE INT. UNS.ADR/100
F:KDID
|
N/A |
|
Garrett Motion Inc
NASDAQ:GTX
|
-0.123x |
|
MDA Ltd
TO:MDA
|
0.025x |
|
Cousins Properties Incorporated
NYSE:CUZ
|
0.024x |
|
GEPIC Energy Development Co Ltd
SHE:000791
|
0.111x |
|
Sichuan Hebang Biotechnology Co Ltd
SHG:603077
|
0.009x |
|
Ganzhou Tengyuan Cobalt New Material Co. Ltd.
SHE:301219
|
N/A |
Annual Cash Flow Conversion Efficiency for Lumine Group Inc. (2021–2023)
The table below shows the annual cash flow conversion efficiency of Lumine Group Inc. from 2021 to 2023. For the full company profile with market capitalisation and key ratios, see market cap of Lumine Group Inc..
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | CA$-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.