Nexoptic Technology Corp (NXO) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Nexoptic Technology Corp (NXO) has a cash flow conversion efficiency ratio of -0.011x as of September 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$23.67K ≈ $17.12K USD) by net assets (CA$-2.18 Million ≈ $-1.58 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Nexoptic Technology Corp balance sheet quality to measure how much of total assets are equity-financed.
Nexoptic Technology Corp - Cash Flow Conversion Efficiency Trend (2010–2023)
This chart illustrates how Nexoptic Technology Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Nexoptic Technology Corp cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Nexoptic Technology Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Nexoptic Technology Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Rainbow Polikarbonat Sanayi Ticaret AS
IS:RNPOL
|
0.103x |
|
Erech Finance Cahalacha Ltd
TA:EFNC
|
-0.213x |
|
SpectraCure AB
ST:SPEC
|
-0.048x |
|
Polledo S.A.
BA:POLL
|
0.130x |
|
Moovly Media Inc
V:MVY
|
0.016x |
|
Eurocell PLC
LSE:ECEL
|
0.169x |
|
Infield Minerals Corp
V:INFD
|
-0.006x |
|
CO2 Gro Inc
V:GROW
|
-0.506x |
Annual Cash Flow Conversion Efficiency for Nexoptic Technology Corp (2010–2023)
The table below shows the annual cash flow conversion efficiency of Nexoptic Technology Corp from 2010 to 2023. For the full company profile with market capitalisation and key ratios, see Nexoptic Technology Corp (NXO) total market value.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | CA$-1.84 Million ≈ $-1.33 Million |
CA$-723.41K ≈ $-523.30K |
0.394x | -77.51% |
| 2022-12-31 | CA$-987.68K ≈ $-714.48K |
CA$-1.73 Million ≈ $-1.25 Million |
1.750x | -45.75% |
| 2021-12-31 | CA$-639.86K ≈ $-462.86K |
CA$-2.06 Million ≈ $-1.49 Million |
3.226x | +332.39% |
| 2020-12-31 | CA$1.52 Million ≈ $1.10 Million |
CA$-2.12 Million ≈ $-1.53 Million |
-1.388x | -125.47% |
| 2019-12-31 | CA$-1.00 Million ≈ $-726.13K |
CA$-5.47 Million ≈ $-3.96 Million |
5.450x | +4730.01% |
| 2018-12-31 | CA$52.07 Million ≈ $37.67 Million |
CA$-6.13 Million ≈ $-4.43 Million |
-0.118x | -160.07% |
| 2017-12-31 | CA$62.95 Million ≈ $45.53 Million |
CA$-2.85 Million ≈ $-2.06 Million |
-0.045x | +87.49% |
| 2016-12-31 | CA$2.83 Million ≈ $2.05 Million |
CA$-1.02 Million ≈ $-740.26K |
-0.362x | +26.01% |
| 2015-12-31 | CA$1.63 Million ≈ $1.18 Million |
CA$-797.16K ≈ $-576.65K |
-0.489x | -122.42% |
| 2014-12-31 | CA$2.15 Million ≈ $1.56 Million |
CA$-472.53K ≈ $-341.82K |
-0.220x | -32.63% |
| 2013-12-31 | CA$2.60 Million ≈ $1.88 Million |
CA$-431.24K ≈ $-311.95K |
-0.166x | +3.85% |
| 2012-12-31 | CA$3.45 Million ≈ $2.50 Million |
CA$-594.52K ≈ $-430.06K |
-0.172x | +56.21% |
| 2011-12-31 | CA$4.56 Million ≈ $3.30 Million |
CA$-1.80 Million ≈ $-1.30 Million |
-0.394x | -878.51% |
| 2010-12-31 | CA$3.25 Million ≈ $2.35 Million |
CA$-130.61K ≈ $-94.48K |
-0.040x | -- |
About Nexoptic Technology Corp
NexOptic Technology Corp., a technology company, engages in the development of optical technologies related to imagery and light concentration for lens and image capture systems. It offers All Light Intelligent Imaging Solutions (ALIIS), a suite of intelligent imaging solution that processes raw images and video in real time; and NexCompress, an AI technology solution, that creates smaller file s… Read more