Holdco Nuvo Group D.G Ltd. Ordinary Shares Cash Flow Conversion Efficiency
Holdco Nuvo Group D.G Ltd. Ordinary Shares 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.
Cash Flow Conversion Efficiency of Holdco Nuvo Group D.G Ltd. Ordinary Shares (2019–2023)
Cash flow conversion efficiency of Holdco Nuvo Group D.G Ltd. Ordinary Shares from 2019 to 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. View NUVO live share price for real-time trading data and today's change.
Holdco Nuvo Group D.G Ltd. Ordinary Shares Cash Flow Conversion Ratio Explained
Holdco Nuvo Group D.G Ltd. Ordinary Shares cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see Holdco Nuvo Group D.G Ltd. Ordinary Shar (NUVO) market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Binh Dinh Minerals JSC
VN:BMC
|
N/A |
|
Bagfas Bandirma Gubre Fabrikalari AS
IS:BAGFS
|
-0.047x |
|
Thai Union Group Public Company Limited
F:THYG
|
0.011x |
|
NURAN WIRELESS INC.
F:1RNA
|
N/A |
|
Cardiff Property PLC
LSE:CDFF
|
-0.046x |
|
Chicken Soup for the Soul Entertainment, Inc.
NASDAQ:CSSEQ
|
0.001x |
|
Guna Timur Raya PT
JK:TRUK
|
0.003x |
|
PTT OIL+RET.BUS.-FOR-BA10
F:7F8
|
-0.360x |
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. Review Holdco Nuvo Group D.G Ltd. Ordinary Shar free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.
| 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