Marfin Investment Group Holdings S.A Cash Flow Conversion Efficiency

Latest as of December 2021: 0.030x

Marfin Investment Group Holdings S.A cash flow conversion efficiency. Based on the latest financial reports, Marfin Investment Group Holdings S.A (MIG) has a cash flow conversion efficiency ratio of 0.030x as of December 2021. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€3.28 Million ≈ $3.83 Million USD) by net assets (€107.61 Million ≈ $125.81 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Cash Flow Conversion Efficiency of Marfin Investment Group Holdings S.A (2014–2023)

Cash flow conversion efficiency of Marfin Investment Group Holdings S.A from 2014 to 2023. This chart illustrates how Marfin Investment Group Holdings S.A's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Marfin Investment Group Holdings S.A stock quote for real-time trading data and today's change.

Marfin Investment Group Holdings S.A Cash Flow Conversion Ratio Explained

Marfin Investment Group Holdings S.A cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

Marfin Investment Group Holdings S.A Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Marfin Investment Group Holdings S.A ranked by their cash flow conversion efficiency. Also see Marfin Investment Group Holdings S.A (MIG) total market value for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
BH Macro Limited LSE:BHMU	0.014x
Green Cross Lab Cell Corporation KQ:144510	0.001x
Innowireless Co. Ltd KQ:073490	-0.014x
Hainan Meilan International Airport Company Limited F:HAO	0.031x
Daesung Ind KO:128820	0.002x
Hiap Teck Venture Bhd KLSE:5072	-0.022x
Hispanotels Inversiones SOCIMI SA MC:YHSP	0.092x
Ingram Micro Bilisim Sistemleri A.S. IS:INGRM	0.002x

Annual Cash Flow Conversion Efficiency for Marfin Investment Group Holdings S.A (2014–2023)

The table below shows the annual cash flow conversion efficiency of Marfin Investment Group Holdings S.A from 2014 to 2023. Review Marfin Investment Group Holdings S.A free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2023-12-31	€121.86 Million ≈ $142.47 Million	€13.12 Million ≈ $15.34 Million	0.108x	-82.56%
2022-12-31	€89.60 Million ≈ $104.76 Million	€55.31 Million ≈ $64.67 Million	0.617x	+241.87%
2021-12-31	€107.61 Million ≈ $125.81 Million	€-46.83 Million ≈ $-54.74 Million	-0.435x	-304.61%
2020-12-31	€163.81 Million ≈ $191.51 Million	€34.84 Million ≈ $40.73 Million	0.213x	+3.12%
2019-12-31	€337.20 Million ≈ $394.22 Million	€69.54 Million ≈ $81.30 Million	0.206x	+77.51%
2018-12-31	€347.81 Million ≈ $406.63 Million	€40.41 Million ≈ $47.24 Million	0.116x	+95.34%
2017-12-31	€350.17 Million ≈ $409.38 Million	€20.82 Million ≈ $24.35 Million	0.059x	-20.68%
2016-12-31	€429.01 Million ≈ $501.56 Million	€32.17 Million ≈ $37.61 Million	0.075x	-41.95%
2015-12-31	€508.40 Million ≈ $594.37 Million	€65.67 Million ≈ $76.78 Million	0.129x	+246.38%
2014-12-31	€628.03 Million ≈ $734.24 Million	€-55.42 Million ≈ $-64.79 Million	-0.088x	--

About Marfin Investment Group Holdings S.A

AT:MIG Greece Packaged Foods

Market Cap

$109.76 Million

€93.89 Million EUR

Market Cap Rank

#18900 Global

#54 in Greece

Share Price

€2.99

Change (1 day)

+0.34%

52-Week Range

€2.87 - €3.94

All Time High

€7.05