Golan Plastic (GLPL) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Golan Plastic (GLPL) has a cash flow conversion efficiency ratio of 0.112x as of March 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 (ILA34.85 Million ≈ $93.44K USD) by net assets (ILA310.65 Million ≈ $832.84K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Golan Plastic - Cash Flow Conversion Efficiency Trend (2005–2023)
This chart illustrates how Golan Plastic's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read GLPL current and long-term liabilities for a breakdown of total debt and financial obligations.
Golan Plastic Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Golan Plastic ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
ZUE SA
WAR:ZUE
|
0.137x |
|
Interlink Communication Public Company Limited
BK:ILINK
|
0.051x |
|
Estika Tata Tiara Tbk PT
JK:BEEF
|
-1.084x |
|
Gopeng Bhd
KLSE:2135
|
0.049x |
|
Nanoform Finland Plc
HE:NANOFH
|
-0.076x |
|
Hyundai E P
KO:089470
|
-0.028x |
|
Bumech S.A.
WAR:BMC
|
0.034x |
|
Flexible Solutions International Inc
NYSE MKT:FSI
|
-0.069x |
Annual Cash Flow Conversion Efficiency for Golan Plastic (2005–2023)
The table below shows the annual cash flow conversion efficiency of Golan Plastic from 2005 to 2023. For the full company profile with market capitalisation and key ratios, see how much is Golan Plastic worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | ILA305.90 Million ≈ $820.11K |
ILA57.32 Million ≈ $153.67K |
0.187x | +61.94% |
| 2022-12-31 | ILA292.94 Million ≈ $785.36K |
ILA33.90 Million ≈ $90.87K |
0.116x | -23.62% |
| 2021-12-31 | ILA245.82 Million ≈ $659.04K |
ILA37.24 Million ≈ $99.84K |
0.151x | -25.52% |
| 2020-12-31 | ILA231.53 Million ≈ $620.73K |
ILA47.09 Million ≈ $126.26K |
0.203x | +0.67% |
| 2019-12-31 | ILA211.49 Million ≈ $566.99K |
ILA42.73 Million ≈ $114.56K |
0.202x | +88.41% |
| 2018-12-31 | ILA203.00 Million ≈ $544.24K |
ILA21.77 Million ≈ $58.36K |
0.107x | +5.42% |
| 2017-12-31 | ILA195.27 Million ≈ $523.51K |
ILA19.86 Million ≈ $53.25K |
0.102x | -36.58% |
| 2016-12-31 | ILA180.39 Million ≈ $483.61K |
ILA28.93 Million ≈ $77.57K |
0.160x | -37.35% |
| 2015-12-31 | ILA171.83 Million ≈ $460.67K |
ILA43.99 Million ≈ $117.93K |
0.256x | +120.28% |
| 2014-12-31 | ILA170.07 Million ≈ $455.94K |
ILA19.77 Million ≈ $52.99K |
0.116x | -1.25% |
| 2013-12-31 | ILA167.34 Million ≈ $448.63K |
ILA19.70 Million ≈ $52.80K |
0.118x | -30.92% |
| 2010-12-31 | ILA145.35 Million ≈ $389.67K |
ILA24.76 Million ≈ $66.39K |
0.170x | -30.70% |
| 2009-12-31 | ILA135.36 Million ≈ $362.90K |
ILA33.28 Million ≈ $89.23K |
0.246x | +84.27% |
| 2006-12-31 | ILA104.61 Million ≈ $280.46K |
ILA13.96 Million ≈ $37.42K |
0.133x | -55.42% |
| 2005-12-31 | ILA63.38 Million ≈ $169.92K |
ILA18.97 Million ≈ $50.85K |
0.299x | -- |
About Golan Plastic
Golan Plastic Products Ltd develops, produces, distributes, and sells cross-linked polyethylene PEX piping systems in Israel, Europe, Scandinavia, Asia, North America, and South America. The company provides pipes, fittings, and accessories for systems. It also offers screw and crimping fittings, and fax pipes for underfloor heating and heating systems, neighborhood and municipal water systems, m… Read more