MAGIC SOFTWARE ENTR (MGK.SG)
MAGIC SOFTWARE ENTR (MGK.SG) operates in Diversified Metals & Mining.
MAGIC SOFTWARE ENTR (MGK.SG) (MGK) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 0.047x
Based on the latest financial reports, MAGIC SOFTWARE ENTR (MGK.SG) (MGK) has a cash flow conversion efficiency ratio of 0.047x as of June 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 (€13.70 Million) by net assets (€294.06 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
MAGIC SOFTWARE ENTR (MGK.SG) - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how MAGIC SOFTWARE ENTR (MGK.SG)'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
MAGIC SOFTWARE ENTR (MGK.SG) Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of MAGIC SOFTWARE ENTR (MGK.SG) ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Cohen & Steers Real Estate Opportunities and Income Fund
NYSE:RLTY
|
N/A |
|
CASAN - Companhia Catarinense de Aguas e Saneamento
SA:CASN3
|
0.125x |
|
GESCO N (GSC1.SG)
STU:GSC1
|
0.043x |
|
MEDIOBANCA (ME9.SG)
STU:ME9
|
N/A |
|
NEOPOST
BE:NEQ
|
N/A |
|
Montauk Metals Inc.
V:MTK
|
N/A |
|
Clave Indices De Precos Fundo De Investimento Imobiliario
SA:CLIN11
|
N/A |
|
Companhia Estadual de Distribuição de Energia Elétrica
SA:CEED3
|
0.095x |
Annual Cash Flow Conversion Efficiency for MAGIC SOFTWARE ENTR (MGK.SG) (2016–2023)
The table below shows the annual cash flow conversion efficiency of MAGIC SOFTWARE ENTR (MGK.SG) from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €290.94 Million | €68.99 Million | 0.237x | +15.73% |
| 2022-12-31 | €276.31 Million | €56.62 Million | 0.205x | +29.28% |
| 2021-12-31 | €275.56 Million | €43.67 Million | 0.158x | -10.90% |
| 2020-12-31 | €293.99 Million | €52.30 Million | 0.178x | +2.48% |
| 2019-12-31 | €264.70 Million | €45.95 Million | 0.174x | +79.27% |
| 2018-12-31 | €248.37 Million | €24.05 Million | 0.097x | -18.93% |
| 2017-12-31 | €213.56 Million | €25.51 Million | 0.119x | -15.98% |
| 2016-12-31 | €196.64 Million | €27.95 Million | 0.142x | -- |