Merlin, Inc. (MRLN) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Merlin, Inc. (MRLN) has a cash flow conversion efficiency ratio of -0.436x as of June 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 ($-27.25 Million) by net assets ($62.57 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see MRLN company net worth for the company's overall valuation and market capitalisation.
Merlin, Inc. - Cash Flow Conversion Efficiency Trend (2023–2025)
This chart illustrates how Merlin, Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. View Merlin, Inc. (MRLN) stock price for real-time trading data and today's change.
Merlin, Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Merlin, Inc. ranked by their cash flow conversion efficiency. Review MRLN free cash flow debt coverage to assess the company's free cash flow relative to its total liabilities.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Shandong Molong Petroleum Machinery Company Limited
F:PXI
|
0.088x |
|
Avita Medical Ltd
NASDAQ:RCEL
|
0.327x |
|
Carnarvon Energy Ltd
AU:CVN
|
0.000x |
|
NMP Acquisition Corp.
NASDAQ:NMP
|
-0.002x |
|
SaraminHR Co.Ltd
KQ:143240
|
-0.026x |
|
Founding Construction Development Co Ltd
TW:5533
|
-0.018x |
|
NOVAREX Co.Ltd
KQ:194700
|
0.041x |
|
DR.Wu Skincare Co Ltd
TWO:6523
|
0.109x |
Annual Cash Flow Conversion Efficiency for Merlin, Inc. (2023–2025)
The table below shows the annual cash flow conversion efficiency of Merlin, Inc. from 2023 to 2025. Also see total assets of Merlin, Inc. for a full breakdown of the balance sheet.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $251.07 Million | $-1.33 Million | -0.005x | -101.53% |
| 2024-12-31 | $-131.52 Million | $-45.54 Million | 0.346x | -14.72% |
| 2023-12-31 | $-78.07 Million | $-31.70 Million | 0.406x | -- |
About Merlin, Inc.
Merlin, Inc., an aerospace and defense technology company, develops AI-powered autonomous flight software and systems for aircraft in the United States and New Zealand. The company provides an aircraft-agnostic, AI-powered software platform that enables autonomous flight for both legacy and next-generation airborne systems. Its main product, the Merlin Pilot, is an integrated hardware and softwar… Read more