Mynaric AG Cash Flow Conversion Efficiency
Mynaric AG 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.
Cash Flow Conversion Efficiency of Mynaric AG (2013–2023)
Cash flow conversion efficiency of Mynaric AG from 2013 to 2023. This chart illustrates how Mynaric AG's cash flow conversion efficiency has evolved over time, based on yearly financial data. View latest Mynaric AG stock price today for real-time trading data and today's change.
Mynaric AG Cash Flow Conversion Ratio Explained
Mynaric AG 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.
Mynaric AG Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Mynaric AG ranked by their cash flow conversion efficiency. Also see M0YN market cap overview for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Marula Mining PLC
F:48U0
|
N/A |
|
Thrive Tribe Technologies Ltd
AU:1TT
|
-1.889x |
|
Inomin Mines Inc
V:MINE
|
-0.133x |
|
Colipays Reunion SA
PA:MLCLP
|
N/A |
|
PT Trimuda Nuansa Citra Tbk
JK:TNCA
|
-0.002x |
|
Summit Minerals Ltd
AU:SUM
|
-0.048x |
|
Terra Uranium Ltd
AU:T92
|
-0.053x |
|
NextEnergy Solar Fund Ltd
LSE:NESF
|
0.038x |
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. Review free cash flow generation of Mynaric AG to assess how much free cash flow the company generates relative to operating cash flow.
| 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