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Ocumetics Technology (TSXV:OTC) FCF Yield % : -6.09 (As of May. 29, 2024)


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What is Ocumetics Technology FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Ocumetics Technology's Trailing 12-Month Free Cash Flow is C$-2.19 Mil, and Market Cap is C$35.93 Mil. Therefore, Ocumetics Technology's FCF Yield % for today is -6.09%.

The historical rank and industry rank for Ocumetics Technology's FCF Yield % or its related term are showing as below:

TSXV:OTC' s FCF Yield % Range Over the Past 10 Years
Min: -7.01   Med: 0   Max: 0
Current: -6.09


TSXV:OTC's FCF Yield % is ranked worse than
57.83% of 868 companies
in the Medical Devices & Instruments industry
Industry Median: -2.785 vs TSXV:OTC: -6.09

Ocumetics Technology's FCF Margin % for the quarter that ended in Dec. 2023 was 0.00%.


Ocumetics Technology FCF Yield % Historical Data

The historical data trend for Ocumetics Technology's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ocumetics Technology FCF Yield % Chart

Ocumetics Technology Annual Data
Trend Jul20 Jul21 Dec22 Dec23
FCF Yield %
- - -3.79 -5.43

Ocumetics Technology Quarterly Data
Jul20 Jul21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -4.33 -4.90 -5.91 -7.87 -3.59

Competitive Comparison of Ocumetics Technology's FCF Yield %

For the Medical Instruments & Supplies subindustry, Ocumetics Technology's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ocumetics Technology's FCF Yield % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Ocumetics Technology's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Ocumetics Technology's FCF Yield % falls into.



Ocumetics Technology FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Ocumetics Technology's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=-2.188 / 40.27844
=-5.43%

Ocumetics Technology's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=-0.361 * 4 / 40.27844
=-3.59%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ocumetics Technology FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Ocumetics Technology FCF Yield % Related Terms

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Ocumetics Technology (TSXV:OTC) Business Description

Traded in Other Exchanges
Address
639 - 5th Avenue S.W., Suite 1250, Calgary, AB, CAN, T2P 0M9
Ocumetics Technology Corp is a Canadian-based research and product development company. The company is engaged in developing an accommodating intraocular lens to eliminate the need for corrective lenses, especially for people over 45 years of age.
Executives
Roger Jewett Director, Senior Officer

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