Champion Gaming Group Inc. (WAGR) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Champion Gaming Group Inc. (WAGR) has a cash flow conversion efficiency ratio of 0.036x as of September 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$-202.77K) by net assets (CA$-5.57 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Champion Gaming Group Inc. - Cash Flow Conversion Efficiency Trend (2020–2022)
This chart illustrates how Champion Gaming Group 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.
Champion Gaming Group Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Champion Gaming Group Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
RAFAKO SA
WAR:RFK
|
0.000x |
|
Vantex Resources Ltd
V:VAX
|
-0.172x |
|
Vertiqal Studios Corp.
F:9PY0
|
0.213x |
|
Nagambie Resources Limited
F:P6C
|
-0.023x |
|
Sanderson Design Group PLC
LSE:SDG
|
0.018x |
|
Skillcast Group PLC
LSE:SKL
|
0.387x |
|
AIM6 Ventures Inc
V:AIMF-P
|
-0.038x |
|
Alterego Ventures 24 Corp.
V:ALTR-P
|
N/A |
Annual Cash Flow Conversion Efficiency for Champion Gaming Group Inc. (2020–2022)
The table below shows the annual cash flow conversion efficiency of Champion Gaming Group Inc. from 2020 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | CA$-4.57 Million | CA$-2.04 Million | 0.446x | -96.49% |
| 2021-12-31 | CA$-408.61K | CA$-5.19 Million | 12.702x | +21.77% |
| 2020-12-31 | CA$-520.48K | CA$-5.43 Million | 10.431x | -- |
About Champion Gaming Group Inc.
Champion Gaming Group Inc. operates as a sports content, data, and analytics company. It operates as a premier sports intelligence destination for sports wagering and fantasy sports under the Football Outsiders, EdjSports, and EdjVarsity brands. The company also provides a suite of digital products powered by data science methodologies to business-to-business and business-to-consumer customers in… Read more