HAL Trust (HAL) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.088x

Based on the latest financial reports, HAL Trust (HAL) has a cash flow conversion efficiency ratio of 0.088x as of December 2025. 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 (€1.56 Billion ≈ $1.82 Billion USD) by net assets (€17.74 Billion ≈ $20.74 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See HAL Trust balance sheet independence to measure how much of total assets are equity-financed.

HAL Trust - Cash Flow Conversion Efficiency Trend (2002–2025)

This chart illustrates how HAL Trust's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check HAL Trust (HAL) cash flow quality to evaluate the quality of earnings relative to operating cash generation.

HAL Trust Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of HAL Trust ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Ball Corporation NYSE:BALL	-0.138x
Telkom Indonesia (Persero) Tbk PT JK:TLKM	0.110x
Nippon Sanso Holdings Corp. NYSE:NPXYY	0.076x
Bharat Heavy Electricals Limited NSE:BHEL	-0.045x
mBank SA WAR:MBK	-0.739x
Woori Financial Group Inc KO:316140	0.118x
LI AUTO INC. (SP.ADR)/2 F:L87A	-0.011x
VODACOM GROUP LTD. SP.ADR F:5VD0	N/A

Annual Cash Flow Conversion Efficiency for HAL Trust (2002–2025)

The table below shows the annual cash flow conversion efficiency of HAL Trust from 2002 to 2025. For the full company profile with market capitalisation and key ratios, see HAL stock market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	€17.74 Billion ≈ $20.74 Billion	€2.68 Billion ≈ $3.14 Billion	0.151x	-2.52%
2024-12-31	€16.91 Billion ≈ $19.77 Billion	€2.62 Billion ≈ $3.07 Billion	0.155x	+2.01%
2023-12-31	€15.87 Billion ≈ $18.56 Billion	€2.41 Billion ≈ $2.82 Billion	0.152x	+61.12%
2022-12-31	€15.24 Billion ≈ $17.81 Billion	€1.44 Billion ≈ $1.68 Billion	0.094x	-6.06%
2021-12-31	€14.81 Billion ≈ $17.31 Billion	€1.49 Billion ≈ $1.74 Billion	0.101x	-44.49%
2020-12-31	€10.60 Billion ≈ $12.40 Billion	€1.92 Billion ≈ $2.25 Billion	0.181x	+1.49%
2019-12-31	€10.55 Billion ≈ $12.33 Billion	€1.88 Billion ≈ $2.20 Billion	0.178x	+46.54%
2018-12-31	€9.91 Billion ≈ $11.59 Billion	€1.21 Billion ≈ $1.41 Billion	0.122x	+18.41%
2017-12-31	€9.75 Billion ≈ $11.40 Billion	€1.00 Billion ≈ $1.17 Billion	0.103x	-19.65%
2016-12-31	€9.76 Billion ≈ $11.41 Billion	€1.25 Billion ≈ $1.46 Billion	0.128x	-18.77%
2015-12-31	€8.56 Billion ≈ $10.01 Billion	€1.35 Billion ≈ $1.58 Billion	0.158x	-8.39%
2014-12-31	€6.50 Billion ≈ $7.60 Billion	€1.12 Billion ≈ $1.31 Billion	0.172x	+78.68%
2013-12-31	€4.69 Billion ≈ $5.48 Billion	€451.40 Million ≈ $527.73 Million	0.096x	-3.45%
2012-12-31	€4.35 Billion ≈ $5.09 Billion	€434.00 Million ≈ $507.39 Million	0.100x	+13.50%
2011-12-31	€4.02 Billion ≈ $4.70 Billion	€353.20 Million ≈ $412.93 Million	0.088x	-3.90%
2010-12-31	€3.63 Billion ≈ $4.24 Billion	€331.30 Million ≈ $387.32 Million	0.091x	-22.42%
2009-12-31	€3.20 Billion ≈ $3.75 Billion	€377.50 Million ≈ $441.34 Million	0.118x	-16.47%
2008-12-31	€2.90 Billion ≈ $3.39 Billion	€409.20 Million ≈ $478.40 Million	0.141x	-6.10%
2007-12-31	€2.78 Billion ≈ $3.25 Billion	€417.20 Million ≈ $487.75 Million	0.150x	+18.19%
2006-12-31	€2.25 Billion ≈ $2.63 Billion	€286.32 Million ≈ $334.74 Million	0.127x	-32.37%
2005-12-31	€1.60 Billion ≈ $1.87 Billion	€300.10 Million ≈ $350.85 Million	0.188x	+1.33%
2004-12-31	€1.25 Billion ≈ $1.46 Billion	€231.86 Million ≈ $271.06 Million	0.185x	+54.15%
2003-12-31	€1.30 Billion ≈ $1.52 Billion	€156.68 Million ≈ $183.17 Million	0.120x	-5.98%
2002-12-31	€1.56 Billion ≈ $1.82 Billion	€199.37 Million ≈ $233.08 Million	0.128x	--

About HAL Trust

AS:HAL Netherlands Asset Management

Market Cap

$17.37 Billion

€14.86 Billion EUR

Market Cap Rank

#1614 Global

#19 in Netherlands

Share Price

€164.60

Change (1 day)

+0.49%

52-Week Range

€123.60 - €178.20

All Time High

€178.20