New Horizon Group Ltd Cash Flow Conversion Efficiency
New Horizon Group Ltd cash flow conversion efficiency. 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.
Cash Flow Conversion Efficiency of New Horizon Group Ltd (2013–2018)
Cash flow conversion efficiency of New Horizon Group Ltd from 2013 to 2018. This chart illustrates how New Horizon Group Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View latest New Horizon Group Ltd stock price today for real-time trading data and today's change.
New Horizon Group Ltd Cash Flow Conversion Ratio Explained
New Horizon Group Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see NERZ stock market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
HYGEIA HC HLDGS DL-00001
F:50I
|
0.009x |
|
Catenai PLC
LSE:CTAI
|
-0.188x |
|
Gimat Magazacilik Sanayi ve Ticaret AS
IS:GMTAS
|
-0.001x |
|
Nostrum Oil & Gas PLC
LSE:NOG
|
0.029x |
|
Mingzhu Logistics Holdings Ltd
NASDAQ:YGMZ
|
0.030x |
|
Ptt PCL
STU:PTOG
|
0.046x |
|
Kyung Nam Pharm Co Ltd
KQ:053950
|
0.001x |
|
Spacefy Inc
F:YSP
|
0.002x |
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. Review financial agility of New Horizon Group Ltd to assess the company's free cash flow relative to its total liabilities.
| 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
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.