Akritas S.A
Akritas S.A. produces, markets, and sells wood products in Greece and internationally. The company offers particleboard products under the AKRIPAN name for wood veneer, melamine, laminate, and PVC coating applications; chipboards, worktops, and surfaces under the AKRITAS name; doors under the POLYTHETA name; and handmade wooden surfaces. It also provides Evropanel, a lightweight material for use … Read more
Akritas S.A (AKRIT) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2022: -0.137x
Based on the latest financial reports, Akritas S.A (AKRIT) has a cash flow conversion efficiency ratio of -0.137x as of December 2022.
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 (€522.25K) by net assets (€-3.80 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Akritas S.A - Cash Flow Conversion Efficiency Trend (2014–2022)
This chart illustrates how Akritas S.A's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Akritas S.A Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Akritas S.A ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Software Circle plc
LSE:SFT
|
0.099x |
|
Severfield PLC
LSE:SFR
|
0.125x |
|
BluEnergies Ltd.
V:BLU
|
N/A |
|
Country-Wide Insurance Company
PINK:CWID
|
N/A |
|
Sinolink Railway Constr
SHG:508008
|
N/A |
|
BORYSZEW (BOW.SG)
STU:BOW
|
-0.012x |
|
FIRST TRACTOR -H-
MU:FTP
|
N/A |
|
Test Security J1
PINK:TESTJ
|
N/A |
Annual Cash Flow Conversion Efficiency for Akritas S.A (2014–2022)
The table below shows the annual cash flow conversion efficiency of Akritas S.A from 2014 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | €-3.80 Million | €1.21 Million | -0.320x | -79.01% |
| 2021-12-31 | €-4.52 Million | €807.19K | -0.178x | -2004.37% |
| 2020-12-31 | €-4.15 Million | €35.20K | -0.008x | +91.30% |
| 2018-12-31 | €-9.15 Million | €892.61K | -0.098x | -290.28% |
| 2017-12-31 | €-11.60 Million | €-594.42K | 0.051x | -94.96% |
| 2016-12-31 | €-6.41 Million | €-6.52 Million | 1.018x | +112.61% |
| 2015-12-31 | €627.25K | €-5.06 Million | -8.074x | -1608.63% |
| 2014-12-31 | €11.25 Million | €-5.32 Million | -0.473x | -- |