New Horizon Group Ltd (NERZ) - Cash Flow Conversion Efficiency

Latest 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 ≈ $-1.27K USD) by net assets (ILA-18.21 Million ≈ $-48.82K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See NERZ equity financing ratio to measure how much of total assets are equity-financed.

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. Check earnings quality score of New Horizon Group Ltd to evaluate the quality of earnings relative to operating cash generation.

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
Eos Energy Enterprises Inc NASDAQ:EOSEW	0.028x
Vestand Inc. NASDAQ:VSTD	-0.192x
SRAX Inc NASDAQ:SRAX	0.394x
CRESTVIEW EXPLORATION INC F:CE7	N/A
Tongyang 3PB Preffered KO:001529	0.001x
GS Chain PLC LSE:GSC	0.209x
Alpine 4 Holdings Inc NASDAQ:ALPP	-0.019x
Thai Oil PCL STU:LQZ	0.044x

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. For the full company profile with market capitalisation and key ratios, see New Horizon Group Ltd market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2018-12-31	ILA-23.29 Million ≈ $-62.44K	ILA-1.32 Million ≈ $-3.54K	0.057x	-29.13%
2017-12-31	ILA-18.51 Million ≈ $-49.61K	ILA-1.48 Million ≈ $-3.97K	0.080x	+13.41%
2016-12-31	ILA-16.65 Million ≈ $-44.64K	ILA-1.17 Million ≈ $-3.15K	0.071x	+101.29%
2015-12-31	ILA720.00K ≈ $1.93K	ILA-3.94 Million ≈ $-10.56K	-5.472x	-508.52%
2014-12-31	ILA3.40 Million ≈ $9.13K	ILA-3.06 Million ≈ $-8.21K	-0.899x	-270.36%
2013-12-31	ILA10.19 Million ≈ $27.31K	ILA-2.47 Million ≈ $-6.63K	-0.243x	--

About New Horizon Group Ltd

TA:NERZ Israel Electronic Equipment & Parts

Market Cap

$13.68K

ILA5.10 Million ILA

Market Cap Rank

#31649 Global

#467 in Israel

Share Price

ILA539.00

Change (1 day)

-2.53%

52-Week Range

ILA261.90 - ILA1490.00

All Time High

ILA1490.00