Readgene
Readgene operates in Biotechnology.
Readgene (RDG) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: -0.059x
Based on the latest financial reports, Readgene (RDG) has a cash flow conversion efficiency ratio of -0.059x as of June 2024.
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 (zł-88.37K) by net assets (zł1.50 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Readgene - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how Readgene's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Readgene Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Readgene ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Vactronics technologies inc.
TW:6742
|
N/A |
|
Green Zebra International Corp
PINK:GZIC
|
0.193x |
|
Rights and Issues Investment Trust Public Limited Company
LSE:RIII
|
0.005x |
|
Pintel Co. Ltd.
KO:291810
|
N/A |
|
TTA Holdings Ltd
AU:TTA
|
-0.073x |
|
Trade & Value AG
HM:TAV
|
N/A |
|
244880
KO:244880
|
N/A |
|
MUA LTD
SEM:MUA
|
N/A |
Annual Cash Flow Conversion Efficiency for Readgene (2016–2023)
The table below shows the annual cash flow conversion efficiency of Readgene from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | zł4.16 Million | zł-820.82K | -0.197x | -412.23% |
| 2022-12-31 | zł5.51 Million | zł347.90K | 0.063x | +222.02% |
| 2021-12-31 | zł5.42 Million | zł106.26K | 0.020x | -94.44% |
| 2020-12-31 | zł3.04 Million | zł1.07 Million | 0.353x | +145.94% |
| 2019-12-31 | zł3.24 Million | zł-2.49 Million | -0.768x | -524.63% |
| 2018-12-31 | zł3.14 Million | zł-386.33K | -0.123x | +14.68% |
| 2017-12-31 | zł2.36 Million | zł-340.03K | -0.144x | -189.05% |
| 2016-12-31 | zł2.98 Million | zł481.60K | 0.162x | -- |