EvokAI Creative Labs Inc. (OKAI) - Cash Flow Conversion Efficiency

Latest as of September 2024: 0.089x

Based on the latest financial reports, EvokAI Creative Labs Inc. (OKAI) has a cash flow conversion efficiency ratio of 0.089x 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$-87.28K) by net assets (CA$-976.91K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

EvokAI Creative Labs Inc. - Cash Flow Conversion Efficiency Trend (2021–2023)

This chart illustrates how EvokAI Creative Labs Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.

EvokAI Creative Labs Inc. Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of EvokAI Creative Labs Inc. ranked by their cash flow conversion efficiency.

Annual Cash Flow Conversion Efficiency for EvokAI Creative Labs Inc. (2021–2023)

The table below shows the annual cash flow conversion efficiency of EvokAI Creative Labs Inc. from 2021 to 2023.

Year Net Assets Operating Cash Flow Cash Flow Conversion Efficiency Change
2023-12-31 CA$-284.34K CA$-2.53 Million 8.913x +503633.57%
2022-12-31 CA$-660.15K CA$-1.17K 0.002x +100.11%
2021-12-31 CA$55.34K CA$-89.69K -1.621x --

About EvokAI Creative Labs Inc.

V:OKAI Canada Health Information Services
Market Cap
$632.70K
CA$874.63K CAD
Market Cap Rank
#34658 Global
#1845 in Canada
Share Price
CA$0.12
Change (1 day)
+0.00%
52-Week Range
CA$0.12 - CA$0.12
All Time High
CA$2.15
About

EvokAI Creative Labs Inc., a MedTech artificial-intelligence (AI)-powered company, engages in the development of transformational technologies for the healthcare sector. The company's artificial intelligence-enhanced diagnostic profiles provide a basis to monitor mental wellbeing and enable advances in medical diagnoses. It deploys machine learning models to search medical data, integrate novel m… Read more