Averbuch Formica Center Ltd (AVER) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Averbuch Formica Center Ltd (AVER) has a cash flow conversion efficiency ratio of 0.008x as of June 2019. 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 (ILA612.00K ≈ $1.64K USD) by net assets (ILA81.31 Million ≈ $217.98K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Averbuch Formica Center Ltd balance sheet quality to measure how much of total assets are equity-financed.
Averbuch Formica Center Ltd - Cash Flow Conversion Efficiency Trend (2012–2018)
This chart illustrates how Averbuch Formica Center Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check earnings quality score of Averbuch Formica Center Ltd to evaluate the quality of earnings relative to operating cash generation.
Averbuch Formica Center Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Averbuch Formica Center Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Grand Kartech Tbk
JK:KRAH
|
0.061x |
|
Almaden Minerals Ltd
TO:AMM
|
-0.200x |
|
Kim Teck Cheong Consolidated Bhd
KLSE:0180
|
-0.102x |
|
Worth Peripherals Limited
NSE:WORTHPERI
|
0.017x |
|
NeuPath Health Inc
V:NPTH
|
-0.010x |
|
Atech OEM
TWO:6109
|
-0.036x |
|
Bio Planet SA
WAR:BIP
|
-0.010x |
|
West High Yield Resources Ltd
V:WHY
|
0.104x |
Annual Cash Flow Conversion Efficiency for Averbuch Formica Center Ltd (2012–2018)
The table below shows the annual cash flow conversion efficiency of Averbuch Formica Center Ltd from 2012 to 2018. For the full company profile with market capitalisation and key ratios, see Averbuch Formica Center Ltd market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2018-12-31 | ILA83.26 Million ≈ $223.22K |
ILA6.33 Million ≈ $16.98K |
0.076x | -10.78% |
| 2017-12-31 | ILA82.01 Million ≈ $219.88K |
ILA6.99 Million ≈ $18.75K |
0.085x | -5.96% |
| 2016-12-31 | ILA84.87 Million ≈ $227.53K |
ILA7.69 Million ≈ $20.63K |
0.091x | -11.76% |
| 2015-12-31 | ILA86.82 Million ≈ $232.77K |
ILA8.92 Million ≈ $23.91K |
0.103x | -91.51% |
| 2014-12-31 | ILA87.92 Million ≈ $235.71K |
ILA106.38 Million ≈ $285.19K |
1.210x | +2024.04% |
| 2013-12-31 | ILA84.79 Million ≈ $227.32K |
ILA4.83 Million ≈ $12.95K |
0.057x | -73.54% |
| 2012-12-31 | ILA94.35 Million ≈ $252.95K |
ILA20.32 Million ≈ $54.46K |
0.215x | -- |
About Averbuch Formica Center Ltd
Averbuch Formica Center Ltd., through its subsidiaries, produces, markets, and trades in raw materials for wood and by products and furniture industry in Israel. The company offers wood products, including plywood and coated plywood, shades and textures, hard wood and solid wood, medium density fiberboard, particle and coated particleboard, kits for assembling kitchens, kitchen and furniture door… Read more