TGS Esports Inc Cash Flow Conversion Efficiency
TGS Esports Inc cash flow conversion efficiency. Based on the latest financial reports, TGS Esports Inc (TGS) has a cash flow conversion efficiency ratio of 0.391x as of March 2022. 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$-742.80K ≈ $-537.33K USD) by net assets (CA$-1.90 Million ≈ $-1.37 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of TGS Esports Inc (2020–2021)
Cash flow conversion efficiency of TGS Esports Inc from 2020 to 2021. This chart illustrates how TGS Esports Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View TGS Esports Inc (TGS) share price today for real-time trading data and today's change.
TGS Esports Inc Cash Flow Conversion Ratio Explained
TGS Esports Inc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
TGS Esports Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of TGS Esports Inc ranked by their cash flow conversion efficiency. Also see TGS Esports Inc (TGS) market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Ulaslar Turizm Yatirimlari ve Dayanikli Tuketim Mallari Ticaret Pazarlama AS
IS:ULAS
|
0.018x |
|
PATRYS Ltd
AU:PAB
|
-2.365x |
|
Box Pak (Malaysia) Bhd
KLSE:6297
|
-0.211x |
|
Bank Danamon Indonesia Tbk
JK:BDMN
|
0.048x |
|
Duta Pertiwi Nusantara Tbk
JK:DPNS
|
0.006x |
|
J-Long Group Limited
NASDAQ:JL
|
-0.351x |
|
Peraso Inc
NASDAQ:PRSO
|
-0.320x |
|
The Dixie Group Inc
NASDAQ:DXYN
|
-0.035x |
Annual Cash Flow Conversion Efficiency for TGS Esports Inc (2020–2021)
The table below shows the annual cash flow conversion efficiency of TGS Esports Inc from 2020 to 2021. Review how financially flexible is TGS Esports Inc to assess the company's free cash flow relative to its total liabilities.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2021-06-30 | CA$-272.01K ≈ $-196.77K |
CA$-3.37 Million ≈ $-2.44 Million |
12.381x | +24184.92% |
| 2020-06-30 | CA$-2.80 Million ≈ $-2.02 Million |
CA$-142.52K ≈ $-103.10K |
0.051x | -- |
About TGS Esports Inc
TGS Esports Inc. provides a community esports space to compete in tournaments and competitions. It also hosts regular online tournaments, as well as provides broadcast production for any event. The company is based in Richmond, Canada.