RetinalGenix Technologies (RetinalGenix Technologies) FCF Yield % : -0.56 (As of May. 18, 2024)

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What is RetinalGenix Technologies 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, RetinalGenix Technologies's Trailing 12-Month Free Cash Flow is $-0.35 Mil, and Market Cap is $62.51 Mil. Therefore, RetinalGenix Technologies's FCF Yield % for today is -0.56%.

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

RTGN' s FCF Yield % Range Over the Past 10 Years
Min: -0.57 Med: 0 Max: 0
Current: -0.56

RTGN's FCF Yield % is not ranked
in the Medical Devices & Instruments industry.
Industry Median: -2.745 vs RTGN: -0.56

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

RetinalGenix Technologies FCF Yield % Historical Data

The historical data trend for RetinalGenix Technologies'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.

RetinalGenix Technologies FCF Yield % Chart

RetinalGenix Technologies Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

FCF Yield %

-0.13

-0.64

RetinalGenix Technologies Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
FCF Yield %	Get a 7-Day Free Trial									-0.08	-0.20	-0.32	0.20	-1.37

Competitive Comparison of RetinalGenix Technologies's FCF Yield %

For the Medical Devices subindustry, RetinalGenix Technologies'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.

RetinalGenix Technologies's FCF Yield % Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where RetinalGenix Technologies's FCF Yield % falls into.

RetinalGenix Technologies 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.

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

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	-0.348	/	54.493695
	=	-0.64%

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

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	-0.187	*	4	/	54.493695
	=	-1.37%

RetinalGenix Technologies 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.

RetinalGenix Technologies FCF Yield % Related Terms

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RetinalGenix Technologies (RetinalGenix Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » RetinalGenix Technologies Inc (OTCPK:RTGN) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1450 North McDowell Boulevard, Suite 150, Petaluma, CA, USA, 94954

Website

https://www.retinalgenix.com

RetinalGenix Technologies Inc is an ophthalmic research and development company focused on developing technologies to screen, monitor, diagnose, and treat ocular, optical, and sight-threatening disorders, Its mission is to prevent vision loss and blindness due to diabetic retinopathy and maculopathy through early detection from the use of two devices: (1) Retinal Imaging Screening Device (RetinalGenixTM), being designed as a portable, high-resolution retinal imaging Diabetic screening system providing a 200-degree field of view without requiring pupil dilation; and (2) RetinalCamTM, being designed as a high-resolution home monitoring retinal imaging device and physician alert system offering real-time communication with physicians available 24/7.