New Horizon Group Ltd
New Horizon Group Ltd. develops and invests in real estate properties in the United States, Romania, Poland, and Latvia. It develops residential and commercial properties. The company was formerly known as Unami Shiluvim Enterprise and Development Ltd. and changed its name to New Horizon Group Ltd. in February 2007. New Horizon Group Ltd. was founded in 1979 and is based in Ramat Gan, Israel.
New Horizon Group Ltd (NERZ) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2019: 0.026x
Based on the latest financial reports, New Horizon Group Ltd (NERZ) has a cash flow conversion efficiency ratio of 0.026x as of June 2019.
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-474.50K) by net assets (ILA-18.21 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
New Horizon Group Ltd - Cash Flow Conversion Efficiency Trend (2013–2018)
This chart illustrates how New Horizon Group 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.
New Horizon Group Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of New Horizon Group Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Gossan Resources Limited
PINK:GSSRF
|
-0.341x |
|
Discovery-Corp Enterprises Inc.
V:DCY
|
-0.574x |
|
Ram-On Investments and Holdings Ltd
TA:RMN
|
0.013x |
|
BK OF NOVA SCOTIA
MU:BKN
|
0.085x |
|
CAMELEON SOFTWARE
F:AJ6
|
0.014x |
|
Seneca Foods Corporation PFD $12.00
PINK:SENEM
|
0.126x |
|
Carespan Health Inc
V:CSPN
|
0.028x |
|
ARKEMA (V1S.SG)
STU:V1S
|
0.045x |
Annual Cash Flow Conversion Efficiency for New Horizon Group Ltd (2013–2018)
The table below shows the annual cash flow conversion efficiency of New Horizon Group Ltd from 2013 to 2018.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2018-12-31 | ILA-23.29 Million | ILA-1.32 Million | 0.057x | -29.13% |
| 2017-12-31 | ILA-18.51 Million | ILA-1.48 Million | 0.080x | +13.41% |
| 2016-12-31 | ILA-16.65 Million | ILA-1.17 Million | 0.071x | +101.29% |
| 2015-12-31 | ILA720.00K | ILA-3.94 Million | -5.472x | -508.52% |
| 2014-12-31 | ILA3.40 Million | ILA-3.06 Million | -0.899x | -270.36% |
| 2013-12-31 | ILA10.19 Million | ILA-2.47 Million | -0.243x | -- |