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Sixth Wave Innovations (XCNQ:SIXW) FCF Yield % : -807.14 (As of May. 15, 2024)


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What is Sixth Wave 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, Sixth Wave Innovations's Trailing 12-Month Free Cash Flow is C$-1.58 Mil, and Market Cap is C$0.20 Mil. Therefore, Sixth Wave Innovations's FCF Yield % for today is -807.14%.

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

XCNQ:SIXW' s FCF Yield % Range Over the Past 10 Years
Min: -807.15   Med: 0   Max: 0
Current: -807.14


XCNQ:SIXW's FCF Yield % is ranked worse than
99.74% of 1564 companies
in the Chemicals industry
Industry Median: 0.48 vs XCNQ:SIXW: -807.14

Sixth Wave Innovations's FCF Margin % for the quarter that ended in May. 2023 was 0.00%.


Sixth Wave Innovations FCF Yield % Historical Data

The historical data trend for Sixth Wave 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.

Sixth Wave Innovations FCF Yield % Chart

Sixth Wave Innovations Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -19.02 -32.78 -20.08 -17.10 -45.63

Sixth Wave Innovations Quarterly Data
Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -56.99 -36.10 -45.31 -34.55 -28.82

Competitive Comparison of Sixth Wave Innovations's FCF Yield %

For the Specialty Chemicals subindustry, Sixth Wave 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.


Sixth Wave Innovations's FCF Yield % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sixth Wave Innovations's FCF Yield % distribution charts can be found below:

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



Sixth Wave 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.

Sixth Wave Innovations's FCF Yield % for the fiscal year that ended in Aug. 2022 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=-2.781 / 6.0943171529
=-45.63%

Sixth Wave Innovations's annualized FCF Yield % for the quarter that ended in May. 2023 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=-0.197 * 4 / 2.7338584723
=-28.82%

* 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.


Sixth Wave 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.


Sixth Wave Innovations FCF Yield % Related Terms

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Sixth Wave Innovations (XCNQ:SIXW) Business Description

Traded in Other Exchanges
Address
210 Waterfront Drive Bedford, Suite 110, Nova Scotia, BC, CAN, B4A 0H3
Sixth Wave Innovations Inc is a nanotechnology company that uses patented Molecularly Imprinted Polymers (MIPs) for imprinting, capturing, and releasing substances at the molecular level. Its current products are in the process of commercialization in gold mining, cannabis production and health and security with rapid virus detection.

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