Top Companies by Cash Flow Conversion Efficiency

Compare companies based on how efficiently their net assets generate operating cash flow

Total Companies

31,508

Top Efficiency

x

Countries Tracked

39

Last Updated

Sep 2026
Quarterly Updates
Rank Company Efficiency Ratio Operating Cash Flow Net Assets Country Price
28001 Jastrzebska Spotka Weglowa SA
WAR:JSW 		-0.112x zł-318.70 Million
≈ $-87.71 Million		 zł2.85 Billion
≈ $783.29 Million		 Poland zł30.90
28002 Absci Corp
NASDAQ:ABSI 		-0.112x $-27.56 Million $246.13 Million USA $9.74
28003 VersaBank
NASDAQ:VBNK 		-0.112x $-60.95 Million $543.93 Million USA $23.41
28004 Iovance Biotherapeutics Inc
NASDAQ:IOVA 		-0.112x $-78.70 Million $702.29 Million USA $11.00
28005 Max India Limited
NSE:MAXIND 		-0.112x Rs-457.80 Million
≈ $-4.95 Million		 Rs4.08 Billion
≈ $44.16 Million		 India Rs148.45
28006 Eminence Minerals Limited
AU:EMA 		-0.112x AU$-2.00 Million
≈ $-1.41 Million		 AU$17.81 Million
≈ $12.60 Million		 Australia AU$0.04
28007 Accel S.A.B. de C.V
MX:ACCELSAB 		-0.112x MX$-799.51 Million
≈ $-46.01 Million		 MX$7.12 Billion
≈ $410.03 Million		 Mexico MX$22.17
28008 SANU GOLD CORP.
F:L73 		-0.112x €-2.54 Million
≈ $-2.97 Million		 €22.67 Million
≈ $26.51 Million		 Germany €0.17
28009 Kiora Pharmaceuticals Inc
NASDAQ:KPRX 		-0.112x $-1.89 Million $16.86 Million USA $2.63
28010 SAB Biotherapeutics Inc
NASDAQ:SABS 		-0.112x $-24.11 Million $214.78 Million USA $3.29
28011 Bayan Mining and Minerals Ltd
AU:BMM 		-0.112x AU$-568.85K
≈ $-402.49K		 AU$5.07 Million
≈ $3.59 Million		 Australia AU$0.06
28012 24SevenOffice Scandinavia AB
ST:247 		-0.112x Skr-161.53 Million
≈ $-17.38 Million		 Skr1.44 Billion
≈ $154.72 Million		 Sweden Skr9.29
28013 Flow Capital Corp
V:FW 		-0.112x CA$-4.25 Million
≈ $-3.08 Million		 CA$37.81 Million
≈ $27.35 Million		 Canada CA$0.78
28014 Fondia Oyj
HE:FONDIA 		-0.113x €-273.00K
≈ $-319.17K		 €2.42 Million
≈ $2.83 Million		 Finland €4.79
28015 Dongxing Sec Co Ltd
SHG:601198 		-0.113x CN¥-3.34 Billion
≈ $-488.50 Million		 CN¥29.64 Billion
≈ $4.34 Billion		 China CN¥13.06
28016 Sunfon Construction Co Ltd
TWO:5514 		-0.113x NT$-385.95 Million
≈ $-12.16 Million		 NT$3.42 Billion
≈ $107.89 Million		 Taiwan NT$14.90
28017 Kingman Minerals Ltd
V:KGS 		-0.113x CA$-330.02K
≈ $-238.73K		 CA$2.93 Million
≈ $2.12 Million		 Canada CA$0.05
28018 KINGMAN MINERALS LTD.
F:47A 		-0.113x €-330.02K
≈ $-385.83K		 €2.93 Million
≈ $3.42 Million		 Germany €0.02
28019 ABEONA THERAPEUT. DL-01
F:PCJ 		-0.113x €-17.95 Million
≈ $-20.99 Million		 €159.22 Million
≈ $186.14 Million		 Germany €4.66
28020 Chia Yi Steel Co Ltd
TWO:2067 		-0.113x NT$-34.35 Million
≈ $-1.08 Million		 NT$304.57 Million
≈ $9.60 Million		 Taiwan NT$5.22
28021 NÜRNBERGER Beteiligungs-AG
F:NBG6 		-0.113x €-100.55 Million
≈ $-117.55 Million		 €891.32 Million
≈ $1.04 Billion		 Germany €122.00
28022 East Africa Metals Inc.
V:EAM 		-0.113x CA$-212.85K
≈ $-153.97K		 CA$1.89 Million
≈ $1.36 Million		 Canada CA$0.08
28023 BAKED GAMES SA ZY-10
F:4U6 		-0.113x €-248.36K
≈ $-290.36K		 €2.20 Million
≈ $2.57 Million		 Germany €0.31
28024 Halyk Bank of Kazakhstan Joint Stock Company
IL:HSBK 		-0.113x $-368.96 Billion $3.27 Trillion UK $34.00
28025 Alzinova AB
ST:ALZ 		-0.113x Skr-16.80 Million
≈ $-1.81 Million		 Skr148.71 Million
≈ $16.00 Million		 Sweden Skr0.42
28026 Terrain Minerals Ltd
AU:TMX 		-0.113x AU$-563.18K
≈ $-398.49K		 AU$4.98 Million
≈ $3.53 Million		 Australia AU$0.00
28027 Duxton Farms Ltd
AU:DBF 		-0.113x AU$-16.15 Million
≈ $-11.43 Million		 AU$142.73 Million
≈ $100.99 Million		 Australia AU$0.35
28028 51 CREDIT CARD DL-00001
F:2JY 		-0.113x €-73.47 Million
≈ $-85.89 Million		 €649.30 Million
≈ $759.10 Million		 Germany €0.03
28029 NetSol Technologies Inc
NASDAQ:NTWK 		-0.113x $-4.75 Million $41.94 Million USA $4.90
28030 InflaRx N.V
F:IF0 		-0.113x €-4.71 Million
≈ $-5.50 Million		 €41.56 Million
≈ $48.58 Million		 Germany €1.68
28031 Greenland Mines Ltd
NASDAQ:GRML 		-0.113x $-6.56 Million $57.90 Million USA $14.66
28032 BATHURST METALS CORP.
F:J1Q0 		-0.113x €-192.74K
≈ $-225.33K		 €1.70 Million
≈ $1.99 Million		 Germany €0.04
28033 Bathurst Metals Corp
V:BMV 		-0.113x CA$-192.74K
≈ $-139.42K		 CA$1.70 Million
≈ $1.23 Million		 Canada CA$0.07
28034 Stillwater Critical Minerals Corp
V:PGE 		-0.113x CA$-2.23 Million
≈ $-1.61 Million		 CA$19.70 Million
≈ $14.25 Million		 Canada CA$0.45
28035 Groupon Inc
NASDAQ:GRPN 		-0.113x $8.17 Million $-72.07 Million USA $21.30
28036 XP Chemistries AB
ST:XPC 		-0.113x Skr-4.49 Million
≈ $-482.75K		 Skr39.57 Million
≈ $4.26 Million		 Sweden Skr0.18
28037 Peruvian Metals Corp
V:PER 		-0.113x CA$-406.39K
≈ $-293.98K		 CA$3.58 Million
≈ $2.59 Million		 Canada CA$0.14
28038 DAEJIN ADVANCED MATERIALS
KQ:393970 		-0.113x ₩-10.01 Billion
≈ $-6.79 Million		 ₩88.28 Billion
≈ $59.83 Million		 Korea ₩2825.00
28039 Gunung Raja Paksi
JK:GGRP 		-0.114x Rp-72.27 Million
≈ $-4.23K		 Rp636.54 Million
≈ $37.30K		 Indonesia Rp336.00
28040 Optical Cable Corporation
NASDAQ:OCC 		-0.114x $-2.53 Million $22.24 Million USA $14.53
28041 DAVIDsTEA Inc
F:DAT 		-0.114x €-4.30 Million
≈ $-5.02 Million		 €37.83 Million
≈ $44.22 Million		 Germany €0.48
28042 Vaalco Energy Inc
NYSE:EGY 		-0.114x $-39.23 Million $344.90 Million USA $5.82
28043 Andira Agro Tbk PT
JK:ANDI 		-0.114x Rp-11.92 Billion
≈ $-698.60K		 Rp104.81 Billion
≈ $6.14 Million		 Indonesia Rp22.00
28044 Tuniu Corporation
F:0TUA 		-0.114x €-109.07 Million
≈ $-127.51 Million		 €958.11 Million
≈ $1.12 Billion		 Germany €4.30
28045 American Creek Resources Ltd
V:AMK 		-0.114x CA$-881.46K
≈ $-637.64K		 CA$7.74 Million
≈ $5.60 Million		 Canada CA$0.16
28046 AbClon Inc
KQ:174900 		-0.114x ₩-6.05 Billion
≈ $-4.10 Million		 ₩53.07 Billion
≈ $35.97 Million		 Korea ₩19600.00
28047 Biotest Aktiengesellschaft
XETRA:BIO 		-0.114x €-58.10 Million
≈ $-67.93 Million		 €509.60 Million
≈ $595.78 Million		 Germany €42.20
28048 Biotest Aktiengesellschaft
XETRA:BIO3 		-0.114x €-58.10 Million
≈ $-67.93 Million		 €509.60 Million
≈ $595.78 Million		 Germany €28.40
28049 Global Partners LP
NYSE:GLP 		-0.114x $-81.19 Million $711.78 Million USA $47.54
28050 Kezar Life Sciences Inc
NASDAQ:KZR 		-0.114x $-7.45 Million $65.24 Million USA $0.17
28051 Beijing Hanjian Heshan Pipeline Co Ltd
SHG:603616 		-0.114x CN¥-23.36 Million
≈ $-3.42 Million		 CN¥204.60 Million
≈ $29.94 Million		 China CN¥5.60
28052 Manz AG
F:M5Z 		-0.114x €-8.04 Million
≈ $-9.40 Million		 €70.44 Million
≈ $82.36 Million		 Germany €0.04
28053 Zalaris ASA
OL:ZAL 		-0.114x Nkr-23.07 Million
≈ $-2.43 Million		 Nkr202.04 Million
≈ $21.26 Million		 Norway Nkr100.00
28054 Cancom SE
F:COK 		-0.114x €-60.00 Million
≈ $-70.14 Million		 €525.25 Million
≈ $614.08 Million		 Germany €22.50
28055 LLOYDS METALS AND ENERGY LTD.
NSE:LLOYDSME 		-0.114x Rs-16.31 Billion
≈ $-176.35 Million		 Rs142.66 Billion
≈ $1.54 Billion		 India Rs1838.00
28056 ZEUS Resources Ltd
AU:ZEU 		-0.114x AU$-351.02K
≈ $-248.37K		 AU$3.07 Million
≈ $2.17 Million		 Australia AU$0.01
28057 Shenzhen Properties & Resources Development Group Ltd
SHE:200011 		-0.114x HK$-359.62 Million
≈ $-45.91 Million		 HK$3.14 Billion
≈ $400.97 Million		 China HK$2.76
28058 Wholetech System Hitech Ltd
TWO:3402 		-0.115x NT$-259.19 Million
≈ $-8.17 Million		 NT$2.26 Billion
≈ $71.26 Million		 Taiwan NT$129.50
28059 Kuk Young G&M Co. Ltd
KQ:006050 		-0.115x ₩-6.00 Billion
≈ $-4.07 Million		 ₩52.38 Billion
≈ $35.50 Million		 Korea ₩3500.00
28060 Abocom Systems Inc
TW:2444 		-0.115x NT$-91.33 Million
≈ $-2.88 Million		 NT$796.13 Million
≈ $25.08 Million		 Taiwan NT$14.80
28061 Appian Corp
NASDAQ:APPN 		-0.115x $12.08 Million $-105.18 Million USA $36.01
28062 Fangdd Network Group Ltd
NASDAQ:DUO 		-0.115x $-60.19 Million $523.59 Million USA $0.65
28063 Xinlei Compressor Co. Ltd. A
SHE:301317 		-0.115x CN¥-160.83 Million
≈ $-23.53 Million		 CN¥1.40 Billion
≈ $204.71 Million		 China CN¥48.69
28064 TIMES CHINA HLDGS HD -10
F:T2H 		-0.115x €1.34 Billion
≈ $1.57 Billion		 €-11.64 Billion
≈ $-13.61 Billion		 Germany €0.00
28065 Quantum Graphite Ltd
AU:QGL 		-0.115x AU$-1.53 Million
≈ $-1.09 Million		 AU$13.34 Million
≈ $9.44 Million		 Australia AU$0.30
28066 Octava Minerals Ltd
AU:OCT 		-0.115x AU$-570.03K
≈ $-403.33K		 AU$4.96 Million
≈ $3.51 Million		 Australia AU$0.02
28067 Bicycle Therapeutics Ltd
NASDAQ:BCYC 		-0.115x $-71.17 Million $618.48 Million USA $3.69
28068 Relief Therapeutics Holding AG
SW:RLF 		-0.115x CHF-3.76 Million
≈ $-4.75 Million		 CHF32.63 Million
≈ $41.26 Million		 Switzerland CHF2.89
28069 cbdMD Inc
NYSE MKT:YCBD 		-0.115x $-704.20K $6.11 Million USA $0.76
28070 DUKE Robotics Corp. Common Stock
NASDAQ:DUKR 		-0.115x $-766.00K $6.65 Million USA $5.29
28071 Dignitana AB
ST:DIGN 		-0.115x Skr-495.00K
≈ $-53.27K		 Skr4.29 Million
≈ $462.10K		 Sweden Skr2.14
28072 Resources & Energy Group Ltd
AU:REZ 		-0.115x AU$-1.39 Million
≈ $-985.53K		 AU$12.08 Million
≈ $8.55 Million		 Australia AU$0.01
28073 QuiaPEG Pharmaceuticals Holding AB
ST:QUIA 		-0.115x Skr-747.00K
≈ $-80.39K		 Skr6.47 Million
≈ $696.28K		 Sweden Skr0.00
28074 Foncière Euris SA
PA:EURS 		-0.116x €620.00 Million
≈ $724.85 Million		 €-5.36 Billion
≈ $-6.27 Billion		 France €0.16
28075 Leveljump Healthcare Corp
V:JUMP 		-0.116x CA$-360.66K
≈ $-260.90K		 CA$3.12 Million
≈ $2.26 Million		 Canada CA$0.06
28076 Tower Investments SA
WAR:TOW 		-0.116x zł-339.51K
≈ $-93.44K		 zł2.94 Million
≈ $808.19K		 Poland zł1.39
28077 Inmax Holding Co Ltd
TWO:1591 		-0.116x NT$-56.44 Million
≈ $-1.78 Million		 NT$488.07 Million
≈ $15.38 Million		 Taiwan NT$40.40
28078 Spectrumone publ AB
ST:SPEONE 		-0.116x Skr-12.23 Million
≈ $-1.32 Million		 Skr105.72 Million
≈ $11.38 Million		 Sweden Skr0.15
28079 The E&M Co. Ltd
KQ:089230 		-0.116x ₩-6.92 Billion
≈ $-4.69 Million		 ₩59.80 Billion
≈ $40.53 Million		 Korea ₩2140.00
28080 Dateline Resources Ltd
AU:DTR 		-0.116x AU$-4.52 Million
≈ $-3.20 Million		 AU$39.03 Million
≈ $27.62 Million		 Australia AU$0.06
28081 Yotta Acquisition Corporation Common Stock
NASDAQ:YOTA 		-0.116x $313.01K $-2.70 Million USA $10.62
28082 Recursion Pharmaceuticals Inc
NASDAQ:RXRX 		-0.116x $-105.95 Million $915.00 Million USA $3.74
28083 DocMorris AG
SW:DOCM 		-0.116x CHF-55.66 Million
≈ $-70.36 Million		 CHF480.35 Million
≈ $607.29 Million		 Switzerland CHF11.44
28084 Arcturus Therapeutics Holdings Inc
NASDAQ:ARCT 		-0.116x $-19.91 Million $171.81 Million USA $13.85
28085 Thor Medical ASA
OL:TRMED 		-0.116x Nkr-47.54 Million
≈ $-5.00 Million		 Nkr410.00 Million
≈ $43.14 Million		 Norway Nkr4.55
28086 Horizon Quantum Holdings Ltd. Class A Ordinary Shares
NASDAQ:HQ 		-0.116x $-6.60 Million $56.89 Million USA $15.59
28087 Plato Gold Corp.
V:PGC 		-0.116x CA$-309.79K
≈ $-224.10K		 CA$2.67 Million
≈ $1.93 Million		 Canada CA$0.03
28088 GIMV NV
BR:GIMB 		-0.116x €-244.37 Million
≈ $-285.70 Million		 €2.11 Billion
≈ $2.46 Billion		 Belgium €47.30
28089 Isiklar Enerji ve Yapi Holding AS
IS:IEYHO 		-0.116x TL-319.01 Million
≈ $-7.14 Million		 TL2.75 Billion
≈ $61.54 Million		 Turkey TL99.20
28090 Denali Therapeutics Inc
NASDAQ:DNLI 		-0.116x $-97.00 Million $835.18 Million USA $20.39
28091 LENZ Therapeutics Inc
NASDAQ:LENZ 		-0.116x $-33.02 Million $284.34 Million USA $3.92
28092 Shenzhen Huaqiang Industry Co Ltd
SHE:000062 		-0.116x CN¥-918.00 Million
≈ $-134.33 Million		 CN¥7.90 Billion
≈ $1.16 Billion		 China CN¥22.74
28093 Pyung Hwa Ind
KO:090080 		-0.116x ₩-9.09 Billion
≈ $-6.16 Million		 ₩78.16 Billion
≈ $52.97 Million		 Korea ₩1000.00
28094 Propanc Biopharma, Inc. Common Stock
NASDAQ:PPCB 		-0.116x $-1.14 Million $9.83 Million USA $0.63
28095 Wiwynn Corp
TW:6669 		-0.116x NT$-16.31 Billion
≈ $-513.80 Million		 NT$140.16 Billion
≈ $4.42 Billion		 Taiwan NT$2115.00
28096 Indomobil Sukses Internasional
JK:IMAS 		-0.116x Rp-1.95 Trillion
≈ $-114.27 Million		 Rp16.76 Trillion
≈ $982.00 Million		 Indonesia Rp865.00
28097 WAVE LIFE SCIENCES LTD.
F:1U5 		-0.116x €-59.55 Million
≈ $-69.62 Million		 €511.73 Million
≈ $598.27 Million		 Germany €3.24
28098 Wave Life Sciences Ltd
NASDAQ:WVE 		-0.116x $-59.55 Million $511.73 Million USA $3.78
28099 San Bian Science & Technology Co Ltd
SHE:002112 		-0.116x CN¥-101.39 Million
≈ $-14.84 Million		 CN¥870.83 Million
≈ $127.43 Million		 China CN¥14.10
28100 Pyrum Innovations AG
OL:PYRUM 		-0.116x Nkr-2.29 Million
≈ $-240.73K		 Nkr19.64 Million
≈ $2.07 Million		 Norway Nkr315.00