Hagag Europe Development ZF Ltd
Hagag Europe Development Z.F. Ltd engages in the investment and development of real estate properties in Romania. Its projects include residential, office, and commercial projects. The company was incorporated in 2017 and is based in Tel Aviv, Israel.
Hagag Europe Development ZF Ltd (HGGE) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.086x
Based on the latest financial reports, Hagag Europe Development ZF Ltd (HGGE) has a cash flow conversion efficiency ratio of -0.086x as of September 2025.
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-6.69 Million) by net assets (ILA78.13 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Hagag Europe Development ZF Ltd - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Hagag Europe Development ZF 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.
Hagag Europe Development ZF Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Hagag Europe Development ZF Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Silynxcom Ltd.
NYSE MKT:SYNX
|
-0.329x |
|
Krebs Biochemicals and Industries Limited
NSE:KREBSBIO
|
0.010x |
|
Celebrity Fashions Limited
NSE:CELEBRITY
|
0.149x |
|
Lichen China Limited Class A Ordinary Shares
NASDAQ:LICN
|
-0.029x |
|
NexPoint Hospitality Trust
V:NHT-U
|
-0.173x |
|
Vivic Corp
OTCQB:VIVC
|
0.119x |
|
TOR Minerals International Inc
PINK:TORM
|
0.004x |
|
OLB Group Inc
NASDAQ:OLB
|
-0.022x |
Annual Cash Flow Conversion Efficiency for Hagag Europe Development ZF Ltd (2016–2024)
The table below shows the annual cash flow conversion efficiency of Hagag Europe Development ZF Ltd from 2016 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | ILA67.86 Million | ILA-3.70 Million | -0.055x | +82.61% |
| 2023-12-31 | ILA60.68 Million | ILA-19.02 Million | -0.313x | -78.98% |
| 2022-12-31 | ILA61.84 Million | ILA-10.83 Million | -0.175x | -372.33% |
| 2021-12-31 | ILA59.68 Million | ILA3.84 Million | 0.064x | +116.68% |
| 2020-12-31 | ILA35.40 Million | ILA-13.64 Million | -0.385x | -32.18% |
| 2019-12-31 | ILA23.56 Million | ILA-6.87 Million | -0.292x | +63.43% |
| 2018-12-31 | ILA19.13 Million | ILA-15.26 Million | -0.797x | +53.97% |
| 2017-12-31 | ILA3.08 Million | ILA-5.34 Million | -1.732x | -123.72% |
| 2016-12-31 | ILA-149.00K | ILA-1.09 Million | 7.302x | -- |