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.

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. Read how much debt does New Horizon Group Ltd carry for a breakdown of total debt and financial obligations.

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
Clontarf Energy Plc LSE:CLON	0.000x
MediaZest plc LSE:MDZ	0.255x
Carisma Therapeutics Inc. NASDAQ:CARM	-2.201x
DIH Holdings US, Inc. Class A Common Stock NASDAQ:DHAI	0.089x
Mobile Tornado Group plc LSE:MBT	0.019x
Synergia Energy Ltd. LSE:SYN	-0.044x
Minoan Group LSE:MIN	-0.015x
Office Properties Income Trust NASDAQ:OPINL	0.030x

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 (NERZ) 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

$20.27K

ILA7.56 Million ILA

Market Cap Rank

#31232 Global

#465 in Israel

Share Price

ILA800.00

Change (1 day)

-6.10%

52-Week Range

ILA261.90 - ILA1490.00

All Time High

ILA1490.00