Ocumetics Technology Corp (OTC) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Ocumetics Technology Corp (OTC) has a cash flow conversion efficiency ratio of 0.214x as of September 2025. 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$-832.59K ≈ $-602.28K USD) by net assets (CA$-3.88 Million ≈ $-2.81 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Ocumetics Technology Corp - Cash Flow Conversion Efficiency Trend (2021–2024)
This chart illustrates how Ocumetics Technology Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read total liabilities of Ocumetics Technology Corp for a breakdown of total debt and financial obligations.
Ocumetics Technology Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Ocumetics Technology Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Accuray Incorporated
NASDAQ:ARAY
|
-0.228x |
|
Malaysia Steel Works KL Bhd
KLSE:5098
|
0.065x |
|
Po Valley Energy Ltd
AU:PVE
|
0.106x |
|
Kalray SA
PA:ALKAL
|
-0.167x |
|
Reliance Securities Tbk
JK:RELI
|
-0.069x |
|
Unlu Yatirim Holding AS
IS:UNLU
|
-0.041x |
|
Enwell Energy plc
F:RHN
|
-0.003x |
|
Very Good Tour Co. Ltd
KQ:094850
|
0.235x |
Annual Cash Flow Conversion Efficiency for Ocumetics Technology Corp (2021–2024)
The table below shows the annual cash flow conversion efficiency of Ocumetics Technology Corp from 2021 to 2024. For the full company profile with market capitalisation and key ratios, see Ocumetics Technology Corp stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$-1.94 Million ≈ $-1.40 Million |
CA$-2.43 Million ≈ $-1.76 Million |
1.255x | +105.59% |
| 2023-12-31 | CA$91.10K ≈ $65.90K |
CA$-2.05 Million ≈ $-1.48 Million |
-22.462x | -1062.11% |
| 2022-12-31 | CA$837.40K ≈ $605.77K |
CA$-1.62 Million ≈ $-1.17 Million |
-1.933x | -686.58% |
| 2021-12-31 | CA$-270.50K ≈ $-195.68K |
CA$-89.13K ≈ $-64.48K |
0.330x | -- |
About Ocumetics Technology Corp
Ocumetics Technology Corp. engages in research, development, production, and sale of vision enhancement products in Canada. The company develops expandable intraocular lenses to eliminate the need for corrective lenses primarily for people over 45 years of age. The company was formerly known as Quantum Blockchain Technologies Ltd. and changed changed its name to Ocumetics Technology Corp. in Augu… Read more