FLYHT Aerospace Solutions Ltd
FLYHT Aerospace Solutions Ltd. provides real-time communications with aircrafts for the aerospace industry. The company offers AFIRS, an automated flight information reporting system that is an aircraft satcom/interface device, which enables cockpit voice communications, real-time aircraft state analysis, and the transmission of aircraft data while inflight; TAMDAR, a tropospheric airborne meteor… Read more
FLYHT Aerospace Solutions Ltd (FLYLF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 0.476x
Based on the latest financial reports, FLYHT Aerospace Solutions Ltd (FLYLF) has a cash flow conversion efficiency ratio of 0.476x as of September 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 ($-1.65 Million) by net assets ($-3.45 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
FLYHT Aerospace Solutions Ltd - Cash Flow Conversion Efficiency Trend (2012–2023)
This chart illustrates how FLYHT Aerospace Solutions Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
FLYHT Aerospace Solutions Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of FLYHT Aerospace Solutions Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Lexibook Linguistic Electronic System SA
PA:ALLEX
|
-0.217x |
|
DBEIL
NSE:DBEIL
|
-0.070x |
|
New Focus Auto Tech Holdings Limited
PINK:NWFAF
|
0.012x |
|
ARMISTICE RESOURCES
F:7AZ
|
-0.004x |
|
Origin Agritech Ltd
NASDAQ:SEED
|
0.216x |
|
Promateris SA
RO:PPL
|
N/A |
|
Educational Development Corporation
NASDAQ:EDUC
|
0.055x |
|
CARTIER SILVER CORP
F:2CI0
|
N/A |
Annual Cash Flow Conversion Efficiency for FLYHT Aerospace Solutions Ltd (2012–2023)
The table below shows the annual cash flow conversion efficiency of FLYHT Aerospace Solutions Ltd from 2012 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $1.09 Million | $680.21K | 0.624x | +346.89% |
| 2022-12-31 | $4.89 Million | $-1.24 Million | -0.253x | +80.53% |
| 2021-12-31 | $3.96 Million | $-5.15 Million | -1.299x | -518.29% |
| 2020-12-31 | $2.86 Million | $889.56K | 0.311x | +165.23% |
| 2019-12-31 | $5.58 Million | $-2.66 Million | -0.476x | -100.32% |
| 2018-12-31 | $-26.36K | $-3.92 Million | 148.696x | +104217.24% |
| 2017-12-31 | $1.12 Million | $-159.89K | -0.143x | -160.23% |
| 2016-12-31 | $1.88 Million | $445.18K | 0.237x | -60.65% |
| 2015-12-31 | $-4.95 Million | $-2.98 Million | 0.603x | -78.56% |
| 2014-12-31 | $-1.61 Million | $-4.52 Million | 2.810x | +70.26% |
| 2013-12-31 | $-2.14 Million | $-3.53 Million | 1.650x | -- |
| 2012-12-31 | $-4.91 Million | $0.00 | 0.000x | -- |