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 ≈ $458.80 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see market value of Lumine Group Inc. for the company's overall valuation and market capitalisation.
Lumine Group Inc. - Cash Flow Conversion Efficiency Trend (2021–2023)
This chart illustrates how Lumine Group Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data.
Lumine Group Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Lumine Group Inc. ranked by their cash flow conversion efficiency. Explore LMN cash flow quality index to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Infore Environment Technology Group Co Ltd
SHE:000967
|
-0.009x |
|
Beijing New Building Materials Public Ltd Co
SHE:000786
|
0.092x |
|
Hamilton Lane Inc
NASDAQ:HLNE
|
0.056x |
|
Caesars Entertainment Corporation
NASDAQ:CZR
|
0.080x |
|
Offshore Oil Engineering Co Ltd
SHG:600583
|
0.038x |
|
Trex Company Inc
NYSE:TREX
|
-0.119x |
|
Allete Inc
NYSE:ALE
|
0.031x |
|
Sezzle Inc.
NASDAQ:SEZL
|
0.224x |
Annual Cash Flow Conversion Efficiency for Lumine Group Inc. (2021–2023)
The table below shows the annual cash flow conversion efficiency of Lumine Group Inc. from 2021 to 2023. View LMN stock price for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | CA$-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.