Micronet Ltd
Micronet Ltd develops, manufactures, and markets mobile computing platforms for integration into fleet and mobile workforce management solutions. It offers Micronet SmarTab, an android rugged tablet designed for in vehicle and out of vehicle use; Micronet SmartCam, an all-in-one video telematics device; and Micronet SmartHub, a telematics on board computer. The company's products are used in vari… Read more
Micronet Ltd (MCRNT) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2022: -0.056x
Based on the latest financial reports, Micronet Ltd (MCRNT) has a cash flow conversion efficiency ratio of -0.056x as of December 2022.
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-2.02 Million) by net assets (ILA35.85 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Micronet Ltd - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Micronet 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.
Micronet Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Micronet Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Crown Reserve Acquisition Corp. I Unit
NASDAQ:CRACU
|
N/A |
|
CAFLX
NASDAQ:CAFLX
|
N/A |
|
VIVO ENERGY MAURITIUS LTD
SEM:SHEL
|
N/A |
|
Merchavia Holdings and Investments Ltd
TA:MRHL
|
-0.039x |
|
Apollo Investment Corp
F:55O1
|
-0.063x |
|
140610
KO:140610
|
N/A |
|
BSGO39
SA:BSGO39
|
N/A |
|
BBVA Capital Privado FCR
MC:CAPRI
|
N/A |
Annual Cash Flow Conversion Efficiency for Micronet Ltd (2017–2024)
The table below shows the annual cash flow conversion efficiency of Micronet Ltd from 2017 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | ILA16.05 Million | ILA-1.35 Million | -0.084x | +76.33% |
| 2023-12-31 | ILA24.30 Million | ILA-8.62 Million | -0.355x | -33.16% |
| 2022-12-31 | ILA35.85 Million | ILA-9.55 Million | -0.266x | -58.91% |
| 2021-12-31 | ILA38.43 Million | ILA-6.44 Million | -0.168x | +57.97% |
| 2020-12-31 | ILA10.68 Million | ILA-4.26 Million | -0.399x | +58.92% |
| 2019-12-31 | ILA6.53 Million | ILA-6.34 Million | -0.971x | -96.47% |
| 2018-12-31 | ILA12.35 Million | ILA-6.11 Million | -0.494x | -224.20% |
| 2017-12-31 | ILA35.10 Million | ILA-5.35 Million | -0.152x | -- |