Sparx Technology Inc
Sparx Technology Inc. engages in the development and distribution of real-time platforms for clients. It also offers broadcast and app integration services that helps news, sports, and entertainment brands to interaction into their programming through a second screen; video on demand services; and Sparx studio platform. Sparx Technology Inc. is based in Vancouver, Canada.
Sparx Technology Inc (SPRX) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2023: 0.114x
Based on the latest financial reports, Sparx Technology Inc (SPRX) has a cash flow conversion efficiency ratio of 0.114x as of December 2023.
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$-137.33K) by net assets (CA$-1.20 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Sparx Technology Inc - Cash Flow Conversion Efficiency Trend (2022–2023)
This chart illustrates how Sparx Technology 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.
Sparx Technology Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Sparx Technology Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
EFC-P-E
NYSE:EFC-P-E
|
N/A |
|
Cyber Apps World Inc
PINK:CYAP
|
0.022x |
|
Nevado Resources Corporation
V:VDO-H
|
-0.045x |
|
Exchange Traded Concepts Trust
NYSE:BOBP
|
N/A |
|
Southern California Gas Company PFD 6%
OTCQB:SOCGM
|
0.020x |
|
MITSUBI HEAVY IND
MU:MIH
|
0.268x |
|
SUMITOMO REALTY DEV (RL2.SG)
STU:RL2
|
N/A |
|
Phoenix Education Partners, Inc.
NYSE:PXED
|
0.110x |
Annual Cash Flow Conversion Efficiency for Sparx Technology Inc (2022–2023)
The table below shows the annual cash flow conversion efficiency of Sparx Technology Inc from 2022 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-06-30 | CA$-1.06 Million | CA$-1.31 Million | 1.238x | +141.96% |
| 2022-06-30 | CA$623.98K | CA$-1.84 Million | -2.951x | -- |