MERMAID MARIT
MERMAID MARIT operates in Diversified Metals & Mining.
MERMAID MARIT (44M) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: -0.064x
Based on the latest financial reports, MERMAID MARIT (44M) has a cash flow conversion efficiency ratio of -0.064x as of June 2024.
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 (€-11.12 Million) by net assets (€173.95 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
MERMAID MARIT - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how MERMAID MARIT's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
MERMAID MARIT Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of MERMAID MARIT ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
POWERLONG REAL ESTA (PW5.SG)
STU:PW5
|
0.016x |
|
Veteran Capital Corp
V:VCC-P
|
-0.188x |
|
Valens Semiconductor Ltd.
NASDAQ:VLN-WT
|
N/A |
|
PT Bank Pembangunan Daerah Jawa Timur Tbk
STU:P7T
|
0.384x |
|
Nippon Active Value Fund Plc
LSE:NAVF
|
0.009x |
|
Red Rock Resources
LSE:RRR
|
-0.057x |
|
Dewan Cement Ltd
KAR:DCL
|
N/A |
|
CHINA MERCH. LAND HD -01
F:TNY1
|
N/A |
Annual Cash Flow Conversion Efficiency for MERMAID MARIT (2016–2023)
The table below shows the annual cash flow conversion efficiency of MERMAID MARIT from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €170.60 Million | €9.96 Million | 0.058x | -66.91% |
| 2022-12-31 | €160.94 Million | €28.39 Million | 0.176x | +1092.41% |
| 2021-12-31 | €160.68 Million | €-2.86 Million | -0.018x | +48.66% |
| 2020-12-31 | €177.30 Million | €-6.14 Million | -0.035x | -313.52% |
| 2019-12-31 | €286.99 Million | €-2.40 Million | -0.008x | -126.69% |
| 2018-12-31 | €314.89 Million | €9.88 Million | 0.031x | -5.10% |
| 2017-12-31 | €342.18 Million | €11.31 Million | 0.033x | -77.20% |
| 2016-12-31 | €338.25 Million | €49.04 Million | 0.145x | -- |