SatixFy Communications Ltd (SATX) - 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. See SatixFy Communications Ltd (SATX) defensive interval to measure how many days the company can operate on defensive assets alone.
SatixFy Communications Ltd - Cash Flow Conversion Efficiency Trend (2020–2024)
This chart illustrates how SatixFy Communications Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Burgenland Holding Aktiengesellschaft
VI:BHD
|
N/A |
|
Venus Remedies Limited
NSE:VENUSREM
|
0.136x |
|
Shining Building Business Co Ltd
TW:5531
|
0.006x |
|
Waffer Technology Corp
TW:6235
|
0.118x |
|
Dharma Polimetal Tbk PT
JK:DRMA
|
0.093x |
|
Kenmare Resources PLC
IR:KMR
|
0.060x |
|
Guangzheng Group Co Ltd
SHE:002524
|
0.188x |
|
Asia Polymer Corp
TW:1308
|
0.002x |
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. For the full company profile with market capitalisation and key ratios, see market cap of SatixFy Communications Ltd.
| 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