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. Also see market cap of New Horizon Group Ltd for the company's overall valuation and market capitalisation.

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.

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. Explore cash flow quality index of New Horizon Group Ltd to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Rosslyn Data Technologies plc LSE:RDT	3.777x
Sabien Technology Group Plc LSE:SNT	0.043x
Revolution Private Credit AU:REV	N/A
Europa Metals Ltd LSE:EUZ	0.000x
HAPPINESS DEV. GRP -01 F:2UO	N/A
Plaza Centers NV LSE:PLAZ	0.002x
Nostrum Oil & Gas PLC LSE:NOG	-0.030x
PTT Public Company Limited F:PTOG	0.033x

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

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

$12.15K

ILA4.53 Million ILA

Market Cap Rank

#31807 Global

#467 in Israel

Share Price

ILA486.00

Change (1 day)

+0.79%

52-Week Range

ILA261.90 - ILA1490.00

All Time High

ILA1490.00