Mynaric AG
Mynaric AG develops and manufactures laser communication products for aerospace-based communication networks for government and commercial markets in the United States and internationally. It operates through Air and Space segments. The company's laser communication technology provides long-distance data transmission between moving objects for wireless space, airborne, and terrestrial application… Read more
Mynaric AG (MOYFF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2023: 0.271x
Based on the latest financial reports, Mynaric AG (MOYFF) has a cash flow conversion efficiency ratio of 0.271x 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 ($-13.36 Million) by net assets ($-49.29 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Mynaric AG - Cash Flow Conversion Efficiency Trend (2013–2023)
This chart illustrates how Mynaric AG's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Mynaric AG Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Mynaric AG ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Lendway Inc.
NASDAQ:LDWY
|
-0.168x |
|
New Age Exploration Ltd
AU:NAE
|
-0.107x |
|
Rhone Ma Holdings Bhd
KLSE:5278
|
0.150x |
|
Direct Finance TA
TA:DIFI
|
0.018x |
|
Indo Acidatama Tbk
JK:SRSN
|
0.060x |
|
Oronova Energy Inc
V:ONV-H
|
-3.580x |
|
Cardiex Ltd
AU:CDX
|
-0.452x |
|
Pursuit Minerals Ltd
AU:PUR
|
-0.019x |
Annual Cash Flow Conversion Efficiency for Mynaric AG (2013–2023)
The table below shows the annual cash flow conversion efficiency of Mynaric AG from 2013 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $-49.29 Million | $-28.98 Million | 0.588x | +132.39% |
| 2022-12-31 | $27.79 Million | $-50.46 Million | -1.815x | -268.73% |
| 2021-12-31 | $84.91 Million | $-41.81 Million | -0.492x | -99.99% |
| 2020-12-31 | $70.71 Million | $-17.41 Million | -0.246x | +35.67% |
| 2019-12-31 | $21.74 Million | $-8.32 Million | -0.383x | -4.95% |
| 2018-12-31 | $22.04 Million | $-8.03 Million | -0.365x | -5850.13% |
| 2017-12-31 | $30.02 Million | $190.36K | 0.006x | +100.10% |
| 2016-12-31 | $261.72K | $-1.65 Million | -6.292x | -555.52% |
| 2015-12-31 | $1.48 Million | $-1.42 Million | -0.960x | -3017.16% |
| 2014-12-31 | $296.97K | $9.77K | 0.033x | -95.21% |
| 2013-12-31 | $53.18K | $36.55K | 0.687x | -- |