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 how leveraged is SatixFy Communications Ltd's balance sheet to measure how much of total assets are equity-financed.
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. Check cash flow quality index of SatixFy Communications Ltd to evaluate the quality of earnings relative to operating cash generation.
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 |
|
Mitra Pinasthika Mustika Tbk
JK:MPMX
|
0.041x |
|
Shin Ruenn Development Co Ltd
TWO:6186
|
0.299x |
|
Metalfrio Solutions S.A
SA:FRIO3
|
0.428x |
|
Shinsegae Inte
KO:031430
|
-0.046x |
|
Imperial Brands PLC
LSE:IMB
|
-0.086x |
|
European Wax Center Inc
NASDAQ:EWCZ
|
0.165x |
|
Silicom
NASDAQ:SILC
|
-0.019x |
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 SatixFy Communications Ltd (SATX) market capitalisation.
| 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