TGS Esports Inc (TGS) - 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 ≈ $-1.37 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See TGS net asset quality score to measure how much of total assets are equity-financed.
TGS Esports Inc - Cash Flow Conversion Efficiency Trend (2020–2021)
This chart illustrates how TGS Esports Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore investment intensity of TGS Esports Inc to see how much of total assets are deployed in long-term investments.
TGS Esports Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of TGS Esports Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Woodlandor Holdings Bhd
KLSE:7025
|
-0.017x |
|
Box Pak (Malaysia) Bhd
KLSE:6297
|
-0.211x |
|
HydrogenPro AS
OL:HYPRO
|
-0.165x |
|
RealTech AG
XETRA:RTC
|
-0.152x |
|
International Research Corporation Public Company Limited
BK:IRCP
|
0.071x |
|
Bold Ventures Inc
V:BOL
|
-0.065x |
|
Paranapanema S.A
SA:PMAM3
|
-0.002x |
|
Duta Pertiwi Nusantara Tbk
JK:DPNS
|
0.009x |
Annual Cash Flow Conversion Efficiency for TGS Esports Inc (2020–2021)
The table below shows the annual cash flow conversion efficiency of TGS Esports Inc from 2020 to 2021. For the full company profile with market capitalisation and key ratios, see TGS Esports Inc stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2021-06-30 | CA$-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.