SatixFy Communications Ltd Cash Flow Conversion Efficiency
SatixFy Communications Ltd cash flow conversion efficiency. Based on the latest financial reports, SatixFy Communications Ltd (SATX) has a cash flow conversion efficiency ratio of 0.155x as of December 2023. 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 ($-9.12 Million) by net assets ($-58.79 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 SatixFy Communications Ltd (2020–2024)
Cash flow conversion efficiency of SatixFy Communications Ltd from 2020 to 2024. This chart illustrates how SatixFy Communications Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View SATX share price today for real-time trading data and today's change.
SatixFy Communications Ltd Cash Flow Conversion Ratio Explained
SatixFy Communications Ltd 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.
SatixFy Communications Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of SatixFy Communications Ltd ranked by their cash flow conversion efficiency. Also see SatixFy Communications Ltd stock valuation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Burgenland Holding Aktiengesellschaft
VI:BHD
|
N/A |
|
Metalfrio Solutions S.A
SA:FRIO3
|
0.428x |
|
J&V Energy Tech Co Ltd
TW:6869
|
-0.009x |
|
Global Indemnity Group, LLC Class A Common Stock
NASDAQ:GBLI
|
0.000x |
|
Dharma Polimetal Tbk PT
JK:DRMA
|
0.063x |
|
Metall Zug AG
SW:METN
|
0.022x |
|
Pure Cycle Corporation
NASDAQ:PCYO
|
-0.028x |
|
European Wax Center Inc
NASDAQ:EWCZ
|
0.165x |
Annual Cash Flow Conversion Efficiency for SatixFy Communications Ltd (2020–2024)
The table below shows the annual cash flow conversion efficiency of SatixFy Communications Ltd from 2020 to 2024. Review SATX financial flexibility score 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 | $-102.29 Million | $-17.67 Million | 0.173x | -58.79% |
| 2023-12-31 | $-58.79 Million | $-24.64 Million | 0.419x | -57.90% |
| 2022-12-31 | $-31.62 Million | $-31.48 Million | 0.996x | +534.47% |
| 2021-12-31 | $-37.39 Million | $-5.87 Million | 0.157x | -39.30% |
| 2020-12-31 | $-21.68 Million | $-5.60 Million | 0.258x | -- |
About SatixFy Communications Ltd
Satixfy Communications Ltd. engages in the provision of vertically integrated satellite communication systems and ground terminal chips worldwide. It offers application-specific and radio frequency integrated circuit chips; modem and antenna chips, such as PRIME and BEAT antenna chips, which enable multi-beamforming and beam-hopping for satellite payloads and user terminals; and SX-4000 satellite… Read more