Holdco Nuvo Group D.G Ltd. Ordinary Shares (NUVO) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Holdco Nuvo Group D.G Ltd. Ordinary Shares (NUVO) has a cash flow conversion efficiency ratio of -0.005x as of March 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 ($176.33K) by net assets ($-38.63 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Holdco Nuvo Group D.G Ltd. Ordinary Shares - Cash Flow Conversion Efficiency Trend (2019–2023)
This chart illustrates how Holdco Nuvo Group D.G Ltd. Ordinary Shares's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Holdco Nuvo Group D.G Ltd. Ordinary Shar debt and liabilities for a breakdown of total debt and financial obligations.
Holdco Nuvo Group D.G Ltd. Ordinary Shares Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Holdco Nuvo Group D.G Ltd. Ordinary Shares ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Construction JSC 47
VN:C47
|
N/A |
|
Tipco Asphalt Public Company Limited
F:TPY1
|
0.122x |
|
Smart for Life, Inc. Common Stock
NASDAQ:SMFL
|
0.953x |
|
CR Capital AG
XETRA:CRZK
|
-0.005x |
|
PTT OIL+RET.BUS.-FOR-BA10
F:7F8
|
0.185x |
|
Ordinary Fully Paid Deferred Settlement
AU:IXRDB
|
N/A |
|
Chicken Soup for the Soul Entertainment, Inc.
NASDAQ:CSSEQ
|
0.001x |
|
Weiss Korea Opportunity Fund
LSE:WKOF
|
-0.011x |
Annual Cash Flow Conversion Efficiency for Holdco Nuvo Group D.G Ltd. Ordinary Shares (2019–2023)
The table below shows the annual cash flow conversion efficiency of Holdco Nuvo Group D.G Ltd. Ordinary Shares from 2019 to 2023. For the full company profile with market capitalisation and key ratios, see how much is Holdco Nuvo Group D.G Ltd. Ordinary Shar worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $-38.63 Million | $-14.96 Million | 0.387x | +15980.32% |
| 2022-12-31 | $251.67 Million | $-613.64K | -0.002x | -4.53% |
| 2021-12-31 | $249.42 Million | $-581.79K | -0.002x | -100.03% |
| 2020-12-31 | $-1.22K | $-10.69K | 8.792x | +193.78% |
| 2019-12-31 | $1.08K | $-10.09K | -9.375x | -- |
About Holdco Nuvo Group D.G Ltd. Ordinary Shares
Holdco Nuvo Group D.G Ltd engages in the research, development, and marketing of medical devices for pregnancy monitoring in Israel, the United States, and internationally. It provides INVU platform, a remote pregnancy monitoring platform that provides expectant mothers with a self -administered wireless sensory band, which enables them and their obstetricians to monitor maternal and fetal heart … Read more