Mynaric AG (M0YN) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Mynaric AG (M0YN) has a cash flow conversion efficiency ratio of 0.271x as of December 2023. 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 (€-13.36 Million ≈ $-15.62 Million USD) by net assets (€-49.29 Million ≈ $-57.62 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See defensive interval ratio of Mynaric AG to measure how many days the company can operate on defensive assets alone.
Mynaric AG - Cash Flow Conversion Efficiency Trend (2013–2023)
This chart illustrates how Mynaric AG's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Mynaric AG Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Mynaric AG ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Marula Mining PLC
F:48U0
|
N/A |
|
Libas Consumer Products Limited
NSE:LIBAS
|
0.001x |
|
ICZOOM Group Inc. Class A Ordinary Shares
NASDAQ:IZM
|
0.083x |
|
Guard Therapeutics International AB
ST:GUARD
|
-1.630x |
|
Summit Minerals Ltd
AU:SUM
|
-0.048x |
|
CleanCore Solutions Inc.
NYSE MKT:ZONE
|
-0.036x |
|
Copper Search Ltd
AU:CUS
|
-0.939x |
|
Gathid Ltd
AU:GTH
|
-0.431x |
Annual Cash Flow Conversion Efficiency for Mynaric AG (2013–2023)
The table below shows the annual cash flow conversion efficiency of Mynaric AG from 2013 to 2023. For the full company profile with market capitalisation and key ratios, see Mynaric AG stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €-49.29 Million ≈ $-57.62 Million |
€-28.98 Million ≈ $-33.89 Million |
0.588x | +132.39% |
| 2022-12-31 | €27.79 Million ≈ $32.49 Million |
€-50.46 Million ≈ $-58.99 Million |
-1.815x | -268.73% |
| 2021-12-31 | €84.91 Million ≈ $99.27 Million |
€-41.81 Million ≈ $-48.88 Million |
-0.492x | -99.99% |
| 2020-12-31 | €70.71 Million ≈ $82.67 Million |
€-17.41 Million ≈ $-20.35 Million |
-0.246x | +35.67% |
| 2019-12-31 | €21.74 Million ≈ $25.42 Million |
€-8.32 Million ≈ $-9.73 Million |
-0.383x | -4.95% |
| 2018-12-31 | €22.04 Million ≈ $25.76 Million |
€-8.03 Million ≈ $-9.39 Million |
-0.365x | -5850.13% |
| 2017-12-31 | €30.02 Million ≈ $35.10 Million |
€190.36K ≈ $222.55K |
0.006x | +100.10% |
| 2016-12-31 | €261.72K ≈ $305.98K |
€-1.65 Million ≈ $-1.93 Million |
-6.292x | -555.52% |
| 2015-12-31 | €1.48 Million ≈ $1.73 Million |
€-1.42 Million ≈ $-1.66 Million |
-0.960x | -3017.16% |
| 2014-12-31 | €296.97K ≈ $347.19K |
€9.77K ≈ $11.42K |
0.033x | -95.21% |
| 2013-12-31 | €53.18K ≈ $62.17K |
€36.55K ≈ $42.73K |
0.687x | -- |
About Mynaric AG
Mynaric AG develops and manufactures laser communication products for aerospace-based communication networks for government and commercial markets in the United States and internationally. It operates through Air and Space segments. The company's laser communication technology provides long-distance data transmission between moving objects for wireless space, airborne, and terrestrial application… Read more