Danang Rubber JSC (DRC) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Danang Rubber JSC (DRC) has a cash flow conversion efficiency ratio of 0.056x 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 (₫100.91 Billion ≈ $3.83 Million USD) by net assets (₫1.82 Trillion ≈ $69.01 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 Danang Rubber JSC balance sheet quality to measure how much of total assets are equity-financed.
Danang Rubber JSC - Cash Flow Conversion Efficiency Trend (2019–2021)
This chart illustrates how Danang Rubber JSC's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check DRC cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
Danang Rubber JSC Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Danang Rubber JSC ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Ni Steel
KO:008260
|
0.075x |
|
Asia File Corporation Bhd
KLSE:7129
|
0.004x |
|
tsh biopharmoration Ltd
TWO:8432
|
0.027x |
|
Commercial Vehicle Group Inc
NASDAQ:CVGI
|
-0.012x |
|
Home Federal Bancorp Louisiana
NASDAQ:HFBL
|
0.049x |
|
Westlin Corporation
NASDAQ:WSTN
|
-0.003x |
|
Poznanska Korporacja Budowlana Pekabex SA
WAR:PBX
|
-0.232x |
|
Tsann Kuen Enterprise Co Ltd
TW:2430
|
0.135x |
Annual Cash Flow Conversion Efficiency for Danang Rubber JSC (2019–2021)
The table below shows the annual cash flow conversion efficiency of Danang Rubber JSC from 2019 to 2021. For the full company profile with market capitalisation and key ratios, see DRC market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2021-12-31 | ₫1.77 Trillion ≈ $67.40 Million |
₫-67.81 Billion ≈ $-2.58 Million |
-0.038x | -107.56% |
| 2020-12-31 | ₫1.69 Trillion ≈ $64.11 Million |
₫852.99 Billion ≈ $32.41 Million |
0.506x | +103.23% |
| 2019-12-31 | ₫1.63 Trillion ≈ $62.01 Million |
₫405.98 Billion ≈ $15.42 Million |
0.249x | -- |
About Danang Rubber JSC
Danang Rubber Joint Stock Company engages in the production and sale of rubber tire and inner tube products in Vietnam and internationally. Its products include PCR tires; radials, include TBR, semi-steel, and golf tires; and bias, including heavy duty, light truck, agricultural, and OTR tires; bicycle and motorcycle tires, including DPLUS tubeless motorcycle and bicycle tires, bicycle inner tube… Read more