Nova MSC Bhd (0026) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Nova MSC Bhd (0026) has a cash flow conversion efficiency ratio of -0.084x as of March 2026. 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 (RM-3.69 Million ≈ $-926.69K USD) by net assets (RM43.91 Million ≈ $11.02 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 debt-free asset ratio of Nova MSC Bhd to measure how much of total assets are equity-financed.
Nova MSC Bhd - Cash Flow Conversion Efficiency Trend (2015–2024)
This chart illustrates how Nova MSC Bhd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check 0026 cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Nova MSC Bhd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Nova MSC Bhd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
TREJHARA SOLUTIONS LIMITED
NSE:TREJHARA
|
0.008x |
|
Jet2 PLC
LSE:JET2
|
0.331x |
|
Mao Bao Inc
TW:1732
|
-0.013x |
|
Zenith Energy Ltd
OL:ZENA
|
-0.156x |
|
Heidelberger Beteiligungsholding AG
F:IPOK
|
N/A |
|
Alpha Exploration Ltd
V:ALEX
|
-0.010x |
|
Lien Chang Electronic Enterprise Co Ltd
TW:2431
|
-0.008x |
|
TAEYANG Corporation
KQ:053620
|
0.035x |
Annual Cash Flow Conversion Efficiency for Nova MSC Bhd (2015–2024)
The table below shows the annual cash flow conversion efficiency of Nova MSC Bhd from 2015 to 2024. For the full company profile with market capitalisation and key ratios, see Nova MSC Bhd market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | RM51.73 Million ≈ $12.99 Million |
RM-168.77K ≈ $-42.37K |
-0.003x | -101.78% |
| 2023-12-31 | RM30.77 Million ≈ $7.73 Million |
RM5.65 Million ≈ $1.42 Million |
0.184x | +381.37% |
| 2022-12-31 | RM37.78 Million ≈ $9.49 Million |
RM-2.47 Million ≈ $-619.13K |
-0.065x | -296.45% |
| 2021-12-31 | RM49.16 Million ≈ $12.34 Million |
RM1.63 Million ≈ $410.08K |
0.033x | -75.78% |
| 2020-12-31 | RM67.65 Million ≈ $16.98 Million |
RM9.28 Million ≈ $2.33 Million |
0.137x | +1013.99% |
| 2019-12-31 | RM65.57 Million ≈ $16.46 Million |
RM807.28K ≈ $202.68K |
0.012x | +107.43% |
| 2018-12-31 | RM55.92 Million ≈ $14.04 Million |
RM-9.27 Million ≈ $-2.33 Million |
-0.166x | -10.06% |
| 2017-12-31 | RM38.37 Million ≈ $9.63 Million |
RM-5.78 Million ≈ $-1.45 Million |
-0.151x | -2269.39% |
| 2016-12-31 | RM44.04 Million ≈ $11.06 Million |
RM305.60K ≈ $76.73K |
0.007x | -86.38% |
| 2015-12-31 | RM46.59 Million ≈ $11.70 Million |
RM2.37 Million ≈ $596.00K |
0.051x | -- |
About Nova MSC Bhd
Nova MSC Berhad, an investment holding company, engages in the software research and development, and provision of e-business solutions in Malaysia and Singapore. Its product portfolio includes Pavo, a software that facilities the online submission of application documents; and Fornax, an electronic plan check systems and electronic approval management software. The company also offers Vesalius, … Read more