Galileo Tech Ltd (GLTC) - Cash Flow Conversion Efficiency

Latest 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 ≈ $-218.50 USD) by net assets (ILA4.34 Million ≈ $11.64K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See GLTC defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

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.

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
Yuilrobotics Co. Ltd. KQ:388720	-0.010x
J Smart Co Contractors PLC LSE:SMJ	0.039x
Medivie Therapeutic Ltd TA:MDVI	0.217x
Steppe Cement LSE:STCM	0.038x
GATTACA Plc LSE:GATC	-0.010x
Reliance Industries Limited IL:RIGD	N/A
Keramika Indonesia Assosiasi JK:KIAS	0.007x
BlackRock Income and Growth Investment Trust plc LSE:BRIG	0.017x

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. For the full company profile with market capitalisation and key ratios, see market value of Galileo Tech Ltd.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2023-12-31	ILA-3.50 Million ≈ $-9.38K	ILA-677.00K ≈ $-1.82K	0.193x	+202.44%
2022-12-31	ILA4.98 Million ≈ $13.36K	ILA-941.00K ≈ $-2.52K	-0.189x	+1.93%
2021-12-31	ILA16.59 Million ≈ $44.47K	ILA-3.19 Million ≈ $-8.57K	-0.193x	-147.16%
2020-12-31	ILA-1.69 Million ≈ $-4.52K	ILA-689.00K ≈ $-1.85K	0.408x	-30.07%
2019-12-31	ILA-2.95 Million ≈ $-7.91K	ILA-1.72 Million ≈ $-4.62K	0.584x	+63.46%
2018-12-31	ILA-431.00K ≈ $-1.16K	ILA-154.00K ≈ $-412.87	0.357x	+928.95%
2017-12-31	ILA-21.31 Million ≈ $-57.13K	ILA-740.00K ≈ $-1.98K	0.035x	+14.53%
2016-12-31	ILA-20.81 Million ≈ $-55.79K	ILA-631.00K ≈ $-1.69K	0.030x	-87.64%
2015-12-31	ILA-14.81 Million ≈ $-39.71K	ILA-3.63 Million ≈ $-9.74K	0.245x	--

About Galileo Tech Ltd

TA:GLTC Israel Waste Management

Market Cap

$1.49 Million

ILA557.30 Million ILA

Market Cap Rank

#30830 Global

#458 in Israel

Share Price

ILA135.10

Change (1 day)

-3.50%

52-Week Range

ILA88.20 - ILA230.00

All Time High

ILA455.00