Manx Financial Group PLC (3IM) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Manx Financial Group PLC (3IM) has a cash flow conversion efficiency ratio of -0.340x as of June 2023. 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 (€-10.88 Million ≈ $-12.72 Million USD) by net assets (€32.03 Million ≈ $37.45 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Manx Financial Group PLC net asset quality index to measure how much of total assets are equity-financed.
Manx Financial Group PLC - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Manx Financial Group PLC's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check 3IM cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Manx Financial Group PLC Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Manx Financial Group PLC ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Bluerock Homes Trust Inc.
NYSE MKT:BHM
|
0.021x |
|
Demisas Dokum Emaye Mamulleri Sanayi AS
IS:DMSAS
|
-0.026x |
|
Medical Developments International Ltd
AU:MVP
|
0.013x |
|
Panstar Enterprise Co.Ltd
KQ:054300
|
-0.016x |
|
Red Metal Ltd
AU:RDM
|
-0.124x |
|
City Of London Investment Trust
LSE:CTY
|
0.005x |
|
Smr Utama Tbk
JK:SMRU
|
0.656x |
|
CLOUDR GROUP LTD.
F:H3L
|
N/A |
Annual Cash Flow Conversion Efficiency for Manx Financial Group PLC (2013–2024)
The table below shows the annual cash flow conversion efficiency of Manx Financial Group PLC from 2013 to 2024. For the full company profile with market capitalisation and key ratios, see Manx Financial Group PLC market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €37.31 Million ≈ $43.62 Million |
€6.33 Million ≈ $7.40 Million |
0.170x | -66.39% |
| 2023-12-31 | €35.98 Million ≈ $42.07 Million |
€18.16 Million ≈ $21.23 Million |
0.505x | +653.11% |
| 2022-12-31 | €29.77 Million ≈ $34.80 Million |
€-2.72 Million ≈ $-3.18 Million |
-0.091x | -178.44% |
| 2021-12-31 | €24.98 Million ≈ $29.21 Million |
€2.91 Million ≈ $3.40 Million |
0.116x | +161.92% |
| 2020-12-31 | €22.43 Million ≈ $26.23 Million |
€-4.21 Million ≈ $-4.93 Million |
-0.188x | -117.28% |
| 2019-12-31 | €22.32 Million ≈ $26.09 Million |
€24.26 Million ≈ $28.36 Million |
1.087x | +357.16% |
| 2018-12-31 | €19.72 Million ≈ $23.06 Million |
€-8.34 Million ≈ $-9.74 Million |
-0.423x | -157.13% |
| 2017-12-31 | €17.44 Million ≈ $20.38 Million |
€12.90 Million ≈ $15.08 Million |
0.740x | +49.90% |
| 2016-12-31 | €13.17 Million ≈ $15.40 Million |
€6.50 Million ≈ $7.60 Million |
0.493x | +374.46% |
| 2015-12-31 | €12.15 Million ≈ $14.20 Million |
€-2.18 Million ≈ $-2.55 Million |
-0.180x | -115.86% |
| 2014-12-31 | €9.98 Million ≈ $11.67 Million |
€11.31 Million ≈ $13.22 Million |
1.133x | +444.08% |
| 2013-12-31 | €8.53 Million ≈ $9.98 Million |
€-2.81 Million ≈ $-3.29 Million |
-0.329x | -- |
About Manx Financial Group PLC
Manx Financial Group PLC, through its subsidiaries, provides asset and personal finance, investing, foreign exchange brokerage, and wealth management services in the Isle of Man, the United Kingdom, and the Channel Islands. The company offers various financial products and services, such as savings accounts, asset financing, personal loans, block discounting, and other specialist secured credit f… Read more