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. Also see Micronet Ltd (MCRNT) market capitalisation for the company's overall valuation and market capitalisation.

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. View MCRNT live share price for real-time trading data and today's change.

Micronet Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Micronet Ltd ranked by their cash flow conversion efficiency. Review how much free cash does Micronet Ltd generate to assess how much free cash flow the company generates relative to operating cash flow.

Company	Cash Flow Conversion Efficiency
Seacera Group Bhd KLSE:7073	-0.001x
STO Co. Ltd KQ:098660	0.024x
Vanadium Resources Ltd AU:VR8	-0.009x
Clinical Laserthermia Systems AB (publ) ST:CLS-B	-0.106x
The European Smaller Companies Trust PLC LSE:ESCT	0.015x
Polyrizon Ltd. Ordinary Shares NASDAQ:PLRZ	-0.099x
BioLine RX Ltd TA:BLRX	-0.193x
Infrared Cameras Holdings Inc NASDAQ:MSAI	-0.070x

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. Also see MCRNT current and non-current assets for a full breakdown of the balance sheet.

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

#27289 Global

#386 in Israel

Share Price

ILA372.50

Change (1 day)

+0.00%

52-Week Range

ILA372.50 - ILA372.50

All Time High

ILA3703.48