PlasCred Circular Innovations (XCNQ:PLAS) FCF Yield % : -11.10 (As of May. 23, 2024)

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What is PlasCred Circular Innovations 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, PlasCred Circular Innovations's Trailing 12-Month Free Cash Flow is C$-0.97 Mil, and Market Cap is C$8.75 Mil. Therefore, PlasCred Circular Innovations's FCF Yield % for today is -11.10%.

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

XCNQ:PLAS' s FCF Yield % Range Over the Past 10 Years
Min: -14.83 Med: 0 Max: 0
Current: -11.1

XCNQ:PLAS's FCF Yield % is ranked worse than
79.76% of 247 companies
in the Waste Management industry
Industry Median: -0.7 vs XCNQ:PLAS: -11.10

PlasCred Circular Innovations's FCF Margin % for the quarter that ended in Jun. 2023 was 0.00%.

PlasCred Circular Innovations FCF Yield % Historical Data

The historical data trend for PlasCred Circular Innovations'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.

PlasCred Circular Innovations FCF Yield % Chart

PlasCred Circular Innovations Annual Data

Trend

Dec22

Dec23

FCF Yield %

-5.58

PlasCred Circular Innovations Quarterly Data
	Jun22	Mar23	Jun23	Dec23
FCF Yield %	-	-	-	-

Competitive Comparison of PlasCred Circular Innovations's FCF Yield %

For the Waste Management subindustry, PlasCred Circular Innovations'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.

PlasCred Circular Innovations's FCF Yield % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, PlasCred Circular Innovations's FCF Yield % distribution charts can be found below:

* The bar in red indicates where PlasCred Circular Innovations's FCF Yield % falls into.

PlasCred Circular Innovations 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.

PlasCred Circular Innovations's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	-2.123	/	38.061926
	=	-5.58%

PlasCred Circular Innovations's annualized FCF Yield % for the quarter that ended in Jun. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	-0.588	*	4	/	0
	=	N/A%

PlasCred Circular Innovations 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.

PlasCred Circular Innovations FCF Yield % Related Terms

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PlasCred Circular Innovations (XCNQ:PLAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » PlasCred Circular Innovations Inc (XCNQ:PLAS) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

MGPRF:USA XV2:Germany

Address

810 - 789 West Pender Street, Vancouver, BC, CAN, V6C 1H2

Website

https://www.plascred.com

PlasCred Circular Innovations Inc is a green technology company based in Alberta, whose patent-pending and proprietary process enables true plastic waste removal in a scalable, systematic and profitable way. The PlasCred process hopes to deliver a commercially viable plastic recycling process, providing immediate economic benefit for industry, communities and government organizations for handling waste plastic.

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