Micronet Ltd (MCRNT) - Cash Flow Conversion Efficiency

Latest 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 ≈ $-5.43K USD) by net assets (ILA35.85 Million ≈ $96.12K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See MCRNT net asset quality index to measure how much of total assets are equity-financed.

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. Check cash flow quality index of Micronet Ltd to evaluate the quality of earnings relative to operating cash generation.

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
Seacera Group Bhd KLSE:7073	-0.001x
Reach Resources Ltd AU:RR1	-0.032x
Solartron Public Company Limited BK:SOLAR	-0.010x
Landmark Property Development Company Limited NSE:LPDC	0.060x
Prasidha Aneka Niaga Tbk JK:PSDN	-0.096x
Desert Control AS OL:DSRT	-0.415x
EverGen Infrastructure Corp V:EVGN	0.020x
J D Wetherspoon PLC LSE:JDW	0.175x

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. For the full company profile with market capitalisation and key ratios, see Micronet Ltd market cap and net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	ILA16.05 Million ≈ $43.03K	ILA-1.35 Million ≈ $-3.61K	-0.084x	+76.33%
2023-12-31	ILA24.30 Million ≈ $65.14K	ILA-8.62 Million ≈ $-23.11K	-0.355x	-33.16%
2022-12-31	ILA35.85 Million ≈ $96.12K	ILA-9.55 Million ≈ $-25.61K	-0.266x	-58.91%
2021-12-31	ILA38.43 Million ≈ $103.04K	ILA-6.44 Million ≈ $-17.28K	-0.168x	+57.97%
2020-12-31	ILA10.68 Million ≈ $28.63K	ILA-4.26 Million ≈ $-11.42K	-0.399x	+58.92%
2019-12-31	ILA6.53 Million ≈ $17.50K	ILA-6.34 Million ≈ $-16.99K	-0.971x	-96.47%
2018-12-31	ILA12.35 Million ≈ $33.12K	ILA-6.11 Million ≈ $-16.37K	-0.494x	-224.20%
2017-12-31	ILA35.10 Million ≈ $94.10K	ILA-5.35 Million ≈ $-14.35K	-0.152x	--

About Micronet Ltd

TA:MCRNT Israel Communication Equipment

Market Cap

$9.37 Million

ILA3.49 Billion ILA

Market Cap Rank

#27252 Global

#391 in Israel

Share Price

ILA372.50

Change (1 day)

+0.00%

52-Week Range

ILA372.50 - ILA372.50

All Time High

ILA3703.48