Merlin, Inc. (MRLN) - Cash Flow Conversion Efficiency

Latest as of March 2026: 0.170x

Based on the latest financial reports, Merlin, Inc. (MRLN) has a cash flow conversion efficiency ratio of 0.170x 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 ($-23.64 Million) by net assets ($-139.11 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. View current stock price of Merlin, Inc. for real-time trading data and today's change.

Merlin, Inc. - Cash Flow Conversion Efficiency Trend (2023–2024)

This chart illustrates how Merlin, Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Also see market cap of Merlin, Inc. for the company's overall valuation and market capitalisation.

Merlin, Inc. Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Merlin, Inc. ranked by their cash flow conversion efficiency. Also see Merlin, Inc. (MRLN) total assets for a full breakdown of the balance sheet.

Company Cash Flow Conversion Efficiency
Shenke Slide Bearing Corp
SHE:002633
0.026x
Sonix Technology Co Ltd
TW:5471
0.035x
Aekyung Petrochemical Co Ltd
KO:161000
0.038x
Orascom Development Holding AG
SW:ODHN
0.072x
Cogeco Inc.
TO:CGO
0.170x
Fossil Group Inc
NASDAQ:FOSL
0.080x
John Marshall Bancorp Inc
NASDAQ:JMSB
0.018x
DI Dong Il Corp
KO:001530
-0.021x

Annual Cash Flow Conversion Efficiency for Merlin, Inc. (2023–2024)

The table below shows the annual cash flow conversion efficiency of Merlin, Inc. from 2023 to 2024. Review MRLN FCF to total liabilities ratio to assess the company's free cash flow relative to its total liabilities.

Year Net Assets Operating Cash Flow Cash Flow Conversion Efficiency Change
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.

NASDAQ:MRLN USA Aerospace & Defense
Market Cap
$320.46 Million
Market Cap Rank
#14653 Global
#3461 in USA
Share Price
$3.32
Change (1 day)
-0.90%
52-Week Range
$3.28 - $16.09
All Time High
$16.09
About

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