IRIDIUM COMM
IRIDIUM COMM operates in Diversified Metals & Mining.
IRIDIUM COMM (6IC) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 0.179x
Based on the latest financial reports, IRIDIUM COMM (6IC) has a cash flow conversion efficiency ratio of 0.179x as of September 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 (€118.63 Million) by net assets (€663.76 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
IRIDIUM COMM - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how IRIDIUM COMM's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
IRIDIUM COMM Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of IRIDIUM COMM ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Hawaiian Electric Company Inc. PFD H 5.250%
PINK:HAWLM
|
0.082x |
|
CANADIAN SOLAR (L5A.SG)
STU:L5A
|
-0.113x |
|
UNIQA INSURANCE GR
BE:UN9
|
0.067x |
|
JVR Ventures Inc.
V:JVR-P
|
-0.005x |
|
BlackRock Energy and Resources Closed Fund
NYSE:BGR
|
0.022x |
|
Nykredit Invest - Globale Fokusaktier
CO:NYIGLA
|
N/A |
|
PIMCO DYNAMIC INCOME FD
F:1KF
|
N/A |
|
CEVA (PVJA.SG)
STU:PVJA
|
0.002x |
Annual Cash Flow Conversion Efficiency for IRIDIUM COMM (2016–2023)
The table below shows the annual cash flow conversion efficiency of IRIDIUM COMM from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €888.10 Million | €314.91 Million | 0.355x | +16.08% |
| 2022-12-31 | €1.13 Billion | €344.73 Million | 0.305x | +29.89% |
| 2021-12-31 | €1.29 Billion | €302.87 Million | 0.235x | +33.64% |
| 2020-12-31 | €1.42 Billion | €249.77 Million | 0.176x | +29.59% |
| 2019-12-31 | €1.46 Billion | €198.14 Million | 0.136x | -17.54% |
| 2018-12-31 | €1.60 Billion | €263.71 Million | 0.165x | +1.25% |
| 2017-12-31 | €1.60 Billion | €259.62 Million | 0.163x | -2.96% |
| 2016-12-31 | €1.34 Billion | €225.20 Million | 0.168x | -- |