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. See GLPL equity to assets ratio to measure how much of total assets are equity-financed.
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. Check earnings quality score of Golan Plastic to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Ardea Resources Ltd
AU:ARL
|
-0.022x |
|
Stillwater Critical Minerals Corp
V:PGE
|
-0.123x |
|
Shanghai Phoenix Enterprise Group Co Ltd B
SHG:900916
|
0.036x |
|
Intermediate Capital Group PLC
LSE:ICG
|
-0.019x |
|
DCM Corp
KO:024090
|
0.019x |
|
Triller Group Inc.
NASDAQ:ILLR
|
0.024x |
|
Brimstone Investment Corporation Limited
JSE:BRN
|
-0.031x |
|
ATIF Holdings Limited
NASDAQ:ZBAI
|
-0.033x |
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 Golan Plastic (GLPL) market capitalisation.
| 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