Sparx Technology Inc Cash Flow Conversion Efficiency
Sparx Technology Inc cash flow conversion efficiency. 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 ≈ $-99.34K USD) by net assets (CA$-1.20 Million ≈ $-869.88K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Sparx Technology Inc (2022–2023)
Cash flow conversion efficiency of Sparx Technology Inc from 2022 to 2023. This chart illustrates how Sparx Technology Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Sparx Technology Inc share price for real-time trading data and today's change.
Sparx Technology Inc Cash Flow Conversion Ratio Explained
Sparx Technology Inc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Sparx Technology Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Sparx Technology Inc ranked by their cash flow conversion efficiency. Also see Sparx Technology Inc (SPRX) total market value for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Nevada Zinc Corp
V:NZN
|
0.109x |
|
SysGroup PLC
LSE:SYS
|
0.029x |
|
ALBERT LABS INTL. CORP.
F:VB50
|
N/A |
|
GeoVax Labs Inc
NASDAQ:GOVX
|
-1.266x |
|
Palace Capital PLC
LSE:PCA
|
0.028x |
|
Israel Opportunity - Energy Resources LP
TA:ISOP-L
|
-0.055x |
|
Wildpack Beverage Inc
V:CANS
|
0.068x |
|
MEDCAW INVESTMENTS LS-01
F:U09
|
N/A |
Annual Cash Flow Conversion Efficiency for Sparx Technology Inc (2022–2023)
The table below shows the annual cash flow conversion efficiency of Sparx Technology Inc from 2022 to 2023. Review SPRX free cash flow debt coverage to assess the company's free cash flow relative to its total liabilities.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-06-30 | CA$-1.06 Million ≈ $-767.77K |
CA$-1.31 Million ≈ $-950.78K |
1.238x | +141.96% |
| 2022-06-30 | CA$623.98K ≈ $451.38K |
CA$-1.84 Million ≈ $-1.33 Million |
-2.951x | -- |
About 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.