Forafric Global PLC Ordinary Shares (AFRI) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Forafric Global PLC Ordinary Shares (AFRI) has a cash flow conversion efficiency ratio of 0.410x as of December 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 ($6.70 Million) by net assets ($16.31 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See AFRI cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Forafric Global PLC Ordinary Shares - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how Forafric Global PLC Ordinary Shares's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Forafric Global PLC Ordinary Shares Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Forafric Global PLC Ordinary Shares ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Shandong Swan Cotton
SHG:603029
|
0.071x |
|
Sovereign Metals Ltd
AU:SVM
|
-0.301x |
|
Space Asset Acquisition Corp. Class A Ordinary Shares
NASDAQ:SAAQ
|
N/A |
|
Atreyu Capital Markets Ltd
TA:ATRY
|
-0.004x |
|
Oyster Enterprises II Acquisition Corp Class A Ordinary Shares
NASDAQ:OYSE
|
-0.001x |
|
Shanghai Baolijia Chemical Co. Ltd.
SHE:301037
|
N/A |
|
Carlsmed, Inc. Common Stock
NASDAQ:CARL
|
-0.141x |
|
Silver Touch Technologies Limited
NSE:SILVERTUC
|
-0.021x |
Annual Cash Flow Conversion Efficiency for Forafric Global PLC Ordinary Shares (2019–2024)
The table below shows the annual cash flow conversion efficiency of Forafric Global PLC Ordinary Shares from 2019 to 2024. For the full company profile with market capitalisation and key ratios, see Forafric Global PLC Ordinary Shares market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $5.32 Million | $23.47 Million | 4.414x | +286.85% |
| 2023-12-31 | $29.21 Million | $33.33 Million | 1.141x | +189.10% |
| 2022-12-31 | $44.95 Million | $-57.57 Million | -1.281x | -148.90% |
| 2021-12-31 | $47.65 Million | $-24.52 Million | -0.515x | -140.37% |
| 2020-12-31 | $51.99 Million | $-11.13 Million | -0.214x | -1286.01% |
| 2019-12-31 | $-74.08 Million | $-1.34 Million | 0.018x | -- |
About Forafric Global PLC Ordinary Shares
Forafric Global PLC engages in the purchase, storage, transport, processing, and sale of agricultural commodities and commodity products in Morocco, Burkina, Mali, and internationally. The company operates through Soft Wheat, Durum Wheat, and Couscous and Pasta segments. It provides wheat flours and semolina; and secondary processing products, such as pasta and couscous. The company operates unde… Read more