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 ≈ $458.80 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Lumine Group Inc. (LMN) net asset quality to measure how much of total assets are equity-financed.
Lumine Group Inc. - Cash Flow Conversion Efficiency Trend (2021–2023)
This chart illustrates how Lumine Group Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Check LMN cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Lumine Group Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Lumine Group Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Travel + Leisure Co
NYSE:TNL
|
-0.037x |
|
3Peak Inc
SHG:688536
|
0.012x |
|
Xiamen Faratronic Co Ltd
SHG:600563
|
0.036x |
|
Energy Fuels Inc
NYSE MKT:UUUU
|
0.011x |
|
China National Software & Service Co Ltd
SHG:600536
|
-0.017x |
|
Akero Therapeutics Inc
NASDAQ:AKRO
|
-0.070x |
|
Grupo Elektra S.A.B. de C.V
MX:ELEKTRA
|
0.144x |
|
Grupo Aeroportuario del Centro Norte SAB de CV
NASDAQ:OMAB
|
0.137x |
Annual Cash Flow Conversion Efficiency for Lumine Group Inc. (2021–2023)
The table below shows the annual cash flow conversion efficiency of Lumine Group Inc. from 2021 to 2023. For the full company profile with market capitalisation and key ratios, see Lumine Group Inc. market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | CA$-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.