TraceSafe FCF yield
What is the FCF yield of TraceSafe?
The FCF yield of TraceSafe Inc. is -35.76%
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 OTC compared to TraceSafe
What does TraceSafe do?
TraceSafe Inc. provides a suite of real-time location management services and contact tracing solutions enabled through Bluetooth beacons and enterprise cloud management in the British Virgin Islands, Japan, and internationally. Its cloud management solution ensures user privacy and administrative control. The company's patented contact tracing bracelet deploys in mission-critical quarantine applications in partnership with governments. It also engages in the development of solutions for enterprise, healthcare, education, government, and large-scale venue management. The company was formerly known as Blockchain Holdings Ltd. and changed its name to TraceSafe Inc. in June 2020. TraceSafe Inc. is headquartered in Road Town, the British Virgin Islands.
Companies with fcf yield similar to TraceSafe
- Blonder Tongue Laboratories has FCF yield of -35.86%
- 4D pharma plc has FCF yield of -35.82%
- Bryah Resources has FCF yield of -35.78%
- Azimut Exploration has FCF yield of -35.77%
- Oragenics Inc has FCF yield of -35.77%
- Elcora Advanced Materials has FCF yield of -35.76%
- TraceSafe has FCF yield of -35.76%
- Gatling Exploration has FCF yield of -35.74%
- Sing Tao News has FCF yield of -35.72%
- Goldsource Mines has FCF yield of -35.70%
- Cardiol Therapeutics has FCF yield of -35.68%
- Americas Gold and Silver Corp has FCF yield of -35.68%
- Mako Gold has FCF yield of -35.66%