Carmit (CRMT) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Carmit (CRMT) has a cash flow conversion efficiency ratio of 0.030x 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 (ILA2.22 Million ≈ $5.96K USD) by net assets (ILA73.31 Million ≈ $196.55K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See debt-free asset ratio of Carmit to measure how much of total assets are equity-financed.
Carmit - Cash Flow Conversion Efficiency Trend (2008–2024)
This chart illustrates how Carmit's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Carmit earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
Carmit Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Carmit ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Inhome Prime Properties SOCIMI S.A.
MC:YIPP
|
-0.032x |
|
U-Tech Co Ltd
KQ:178780
|
-0.015x |
|
Chariot Oil & Gas Limited
F:C62
|
-0.033x |
|
Sakuma Exports Limited
NSE:SAKUMA
|
0.165x |
|
Digitalx Ltd
AU:DCC
|
-0.023x |
|
Sterling Metals Corp
V:SAG
|
-0.010x |
|
Mauna Kea Technologies SAS
PA:ALMKT
|
0.077x |
|
Bubang Co. Ltd
KQ:014470
|
0.043x |
Annual Cash Flow Conversion Efficiency for Carmit (2008–2024)
The table below shows the annual cash flow conversion efficiency of Carmit from 2008 to 2024. For the full company profile with market capitalisation and key ratios, see Carmit (CRMT) total market value.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | ILA71.10 Million ≈ $190.62K |
ILA-5.16 Million ≈ $-13.82K |
-0.073x | -168.29% |
| 2023-12-31 | ILA72.91 Million ≈ $195.47K |
ILA7.74 Million ≈ $20.76K |
0.106x | +137.94% |
| 2022-12-31 | ILA72.12 Million ≈ $193.35K |
ILA-20.19 Million ≈ $-54.12K |
-0.280x | -383.23% |
| 2021-12-31 | ILA71.48 Million ≈ $191.64K |
ILA7.06 Million ≈ $18.94K |
0.099x | +614.36% |
| 2020-12-31 | ILA81.25 Million ≈ $217.83K |
ILA1.12 Million ≈ $3.01K |
0.014x | -89.30% |
| 2019-12-31 | ILA77.72 Million ≈ $208.38K |
ILA10.05 Million ≈ $26.94K |
0.129x | +50.11% |
| 2018-12-31 | ILA68.32 Million ≈ $183.17K |
ILA5.88 Million ≈ $15.78K |
0.086x | -63.09% |
| 2017-12-31 | ILA63.07 Million ≈ $169.10K |
ILA14.72 Million ≈ $39.47K |
0.233x | +379.17% |
| 2016-12-31 | ILA58.33 Million ≈ $156.37K |
ILA2.84 Million ≈ $7.62K |
0.049x | -66.63% |
| 2015-12-31 | ILA56.88 Million ≈ $152.48K |
ILA8.30 Million ≈ $22.26K |
0.146x | +74.52% |
| 2014-12-31 | ILA53.10 Million ≈ $142.35K |
ILA4.44 Million ≈ $11.91K |
0.084x | -37.50% |
| 2013-12-31 | ILA47.34 Million ≈ $126.91K |
ILA6.33 Million ≈ $16.98K |
0.134x | -27.28% |
| 2012-12-31 | ILA42.57 Million ≈ $114.13K |
ILA7.83 Million ≈ $21.00K |
0.184x | +38.92% |
| 2011-12-31 | ILA36.58 Million ≈ $98.07K |
ILA4.85 Million ≈ $12.99K |
0.132x | -56.96% |
| 2010-12-31 | ILA36.23 Million ≈ $97.13K |
ILA11.15 Million ≈ $29.90K |
0.308x | -11.42% |
| 2009-12-31 | ILA24.68 Million ≈ $66.18K |
ILA8.58 Million ≈ $23.00K |
0.347x | +412.57% |
| 2008-12-31 | ILA22.38 Million ≈ $59.99K |
ILA1.52 Million ≈ $4.07K |
0.068x | -- |
About Carmit
Carmit Candy Industries Ltd. develops, produces, markets, exports, imports, and sells chocolate, pastries, granola and sugars in Israel and internationally. It offers chocolate tablet and coins, wafers and cookies, chocolate snacks, melting chocolate, spreads, decorations, granola, marshmallow, frozen snacks, gluten free, no added sugar, and vegan products. It distributes its products through ret… Read more