Manila Electric Co
Manila Electric Co operates in Environmental & Facilities Services.
Manila Electric Co (MER) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: 0.062x
Based on the latest financial reports, Manila Electric Co (MER) has a cash flow conversion efficiency ratio of 0.062x as of June 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 (₱7.15 Billion) by net assets (₱115.37 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Manila Electric Co - Cash Flow Conversion Efficiency Trend (2014–2022)
This chart illustrates how Manila Electric Co's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Manila Electric Co Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Manila Electric Co ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
TCENF
PINK:TCENF
|
N/A |
|
LGBTQ Loyalty Holdings Inc
PINK:LFAP
|
0.009x |
|
QVC Inc. 6.375% Senior Secured Notes due 2067
NYSE:QVCD
|
0.019x |
|
EGH Acquisition Corp.
NASDAQ:EGHAU
|
N/A |
|
Insight Digital Partners II Units
NASDAQ:DYORU
|
N/A |
|
NEW GOLD (32N.SG)
STU:32N
|
0.101x |
|
Xsolla SPAC 1 Units
NASDAQ:XSLLU
|
N/A |
|
CAFLX
NASDAQ:CAFLX
|
N/A |
Annual Cash Flow Conversion Efficiency for Manila Electric Co (2014–2022)
The table below shows the annual cash flow conversion efficiency of Manila Electric Co from 2014 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | ₱109.66 Billion | ₱25.18 Billion | 0.230x | -49.37% |
| 2021-12-31 | ₱95.20 Billion | ₱43.18 Billion | 0.454x | +20.31% |
| 2020-12-31 | ₱79.24 Billion | ₱29.87 Billion | 0.377x | -25.16% |
| 2019-12-31 | ₱84.23 Billion | ₱42.43 Billion | 0.504x | +2.95% |
| 2018-12-31 | ₱82.04 Billion | ₱40.15 Billion | 0.489x | +26.90% |
| 2017-12-31 | ₱73.61 Billion | ₱28.39 Billion | 0.386x | -18.82% |
| 2016-12-31 | ₱74.42 Billion | ₱35.35 Billion | 0.475x | -8.51% |
| 2015-12-31 | ₱80.28 Billion | ₱41.68 Billion | 0.519x | +9.62% |
| 2014-12-31 | ₱79.15 Billion | ₱37.49 Billion | 0.474x | -- |