Marfin Investment Group Holdings S.A (MIG) - 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.
Marfin Investment Group Holdings S.A - Cash Flow Conversion Efficiency Trend (2014–2023)
This chart illustrates how Marfin Investment Group Holdings S.A's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Marfin Investment Group Holdings S.A (MIG) total liabilities for a breakdown of total debt and financial obligations.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Gatekeeper Systems Inc
V:GSI
|
-0.119x |
|
LUOYANG GLASS CO. H YC 1
F:LUG
|
N/A |
|
Afyren SAS
PA:ALAFY
|
-0.044x |
|
MasterBeef Group Ordinary Shares
NASDAQ:MB
|
-0.035x |
|
Roadzen Inc.
NASDAQ:RDZN
|
0.000x |
|
Hwaseung Industries Co Ltd
KO:006060
|
0.033x |
|
Social Commerce Partners Corporation Class A Ordinary Shares
NASDAQ:SCPQ
|
N/A |
|
Biomea Fusion Inc
NASDAQ:BMEA
|
-0.623x |
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. For the full company profile with market capitalisation and key ratios, see Marfin Investment Group Holdings S.A stock valuation.
| 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
MIG Holdings S.A., an investment holding company, focuses on investment in equities in Greece and South-Eastern Europe. The company engages in the real estate management; ship management; overseas and coastal transportation; production and distribution of dairy products, animal feed, vegetables, and frozen foods; restaurants and café-patisseries; and beverage and fast-food businesses. It also pro… Read more