Harbor Custom Development, Inc. HCDIP NASDAQ

Harbor Custom Development, Inc. (HCDIP) generated $-5.46M in operating cash flow for quarter ending 2023-09-30. After capital expenditures of $0.00, free cash flow was $-5.46M.

Free cash flow margin was -98.6% of revenue. Cash conversion ratio was 0.3x, suggesting some earnings are non-cash.

Criteria supported by this page:

• HEALTH (17/100, Fail) — weak cash flow raises concerns about debt servicing
• MOAT (0/100, Fail) — limited free cash flow weakens the competitive position
• INCOME (10/100) — Cash conversion ratio was 0.3x suggests some earnings are non-cash items

Overall SharesGrow Score: 25/100 with 0/7 criteria passed.