Wellfield Technologies Inc FCF yield
What is the FCF yield of Wellfield Technologies Inc?
The FCF yield of Wellfield Technologies Inc is -52.21%
What is the definition of FCF yield?
Free cash flow yield (FCF yield) is a financial ratio that compares the free cash flow per share to the market value per share. The ratio is calculated by dividing free cash flow per share by the current share price.
ttm (trailing twelve months)
Free cash flow yield is a good measure of the company’s cash flow in respect to the company’s size. Larger companies tend to have a higher cash flow yield, but it’s not always the case. The higher the free cash flow yield, the more cash the company is generating that can be quickly accessed to satisfy its obligations. The lower the free cash flow yield, the more money investors are putting into the company with little result. The higher the ratio, the more attractive the investment is as it suggests that investors are paying less for each unit of free cash flow.
Free cash flow acts as an indicator of how capable a company is of repaying all of its obligations. It is a solid indicator of how financially stable a company is. It is calculated as:
Free cash flow yield = Free cash flow per share / market price per share
FCF yield of companies in the Technology sector on TSXV compared to Wellfield Technologies Inc
What does Wellfield Technologies Inc do?
Wellfield Technologies Inc. engages in developing a blockchain-based infrastructure for financial services. It offers its products under the Seamless and MoneyClip brands. The company is headquartered in Markham, Canada.
Companies with fcf yield similar to Wellfield Technologies Inc
- Trinity Place Inc has FCF yield of -52.88%
- Personalis Inc has FCF yield of -52.78%
- Facedrive has FCF yield of -52.75%
- Stealth BioTherapeutics Corp has FCF yield of -52.65%
- Neolife SA has FCF yield of -52.63%
- Asian Mineral Resources has FCF yield of -52.47%
- Wellfield Technologies Inc has FCF yield of -52.21%
- Serengeti Resources has FCF yield of -52.09%
- NuLegacy Gold has FCF yield of -52.07%
- Cenkos Securities plc has FCF yield of -52.04%
- Amaero Intl Ltd has FCF yield of -52.02%
- Trigon Metals has FCF yield of -52.01%
- Bayhorse Silver has FCF yield of -52.01%