Galileo Tech Ltd
Galileo Tech Ltd engages in the development of products for smart cities management and fintech in Israel and internationally. The company provides information and communication technologies, and IoT solutions for the purpose of managing the city's assets, including local information systems, schools, libraries, transportation systems, hospitals, power plants, water supply infrastructure, garbage… Read more
Galileo Tech Ltd (GLTC) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: -0.019x
Based on the latest financial reports, Galileo Tech Ltd (GLTC) has a cash flow conversion efficiency ratio of -0.019x 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 (ILA-81.50K) by net assets (ILA4.34 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Galileo Tech Ltd - Cash Flow Conversion Efficiency Trend (2015–2023)
This chart illustrates how Galileo Tech Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Galileo Tech Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Galileo Tech Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Arab Cotton Ginning
EGX:ACGC
|
N/A |
|
CannTrust Holdings Inc
PINK:CNTTQ
|
-0.100x |
|
HDFC Bank of Sri Lanka
CM:HDFCN0000
|
N/A |
|
Sorento Capital Berhad
KLSE:0326
|
0.006x |
|
Zinc Media Group
LSE:ZIN
|
-0.290x |
|
Sab Events & Governance Now Media Limited
NSE:SABEVENTS
|
-0.005x |
|
React Group PLC
LSE:REAT
|
-0.021x |
|
Weidai Ltd.
PINK:WEIDY
|
N/A |
Annual Cash Flow Conversion Efficiency for Galileo Tech Ltd (2015–2023)
The table below shows the annual cash flow conversion efficiency of Galileo Tech Ltd from 2015 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | ILA-3.50 Million | ILA-677.00K | 0.193x | +202.44% |
| 2022-12-31 | ILA4.98 Million | ILA-941.00K | -0.189x | +1.93% |
| 2021-12-31 | ILA16.59 Million | ILA-3.19 Million | -0.193x | -147.16% |
| 2020-12-31 | ILA-1.69 Million | ILA-689.00K | 0.408x | -30.07% |
| 2019-12-31 | ILA-2.95 Million | ILA-1.72 Million | 0.584x | +63.46% |
| 2018-12-31 | ILA-431.00K | ILA-154.00K | 0.357x | +928.95% |
| 2017-12-31 | ILA-21.31 Million | ILA-740.00K | 0.035x | +14.53% |
| 2016-12-31 | ILA-20.81 Million | ILA-631.00K | 0.030x | -87.64% |
| 2015-12-31 | ILA-14.81 Million | ILA-3.63 Million | 0.245x | -- |