Akritas S.A (AKRIT) - Cash Flow Conversion Efficiency
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 ≈ $610.57K USD) by net assets (€-3.80 Million ≈ $-4.44 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 Akritas S.A balance sheet independence to measure how much of total assets are equity-financed.
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. Check how high is Akritas S.A's earnings quality to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Jadi Imaging Holdings Bhd
KLSE:7223
|
0.001x |
|
Texmo Pipes and Products Limited
NSE:TEXMOPIPES
|
-0.079x |
|
Ark Mines Ltd
AU:AHK
|
-0.048x |
|
VIMAB Group AB
ST:VIMAB
|
3.682x |
|
Churchill Capital Corp IX Warrant
NASDAQ:CCIXW
|
-0.001x |
|
FN Factory Outlet Public Company Limited
BK:FN
|
-0.020x |
|
Murray Cod Australia Ltd
AU:MCA
|
-0.066x |
|
TryHard Holdings Limited Ordinary Shares
NASDAQ:THH
|
0.000x |
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. For the full company profile with market capitalisation and key ratios, see Akritas S.A market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | €-3.80 Million ≈ $-4.44 Million |
€1.21 Million ≈ $1.42 Million |
-0.320x | -79.01% |
| 2021-12-31 | €-4.52 Million ≈ $-5.29 Million |
€807.19K ≈ $943.69K |
-0.178x | -2004.37% |
| 2020-12-31 | €-4.15 Million ≈ $-4.85 Million |
€35.20K ≈ $41.15K |
-0.008x | +91.30% |
| 2018-12-31 | €-9.15 Million ≈ $-10.70 Million |
€892.61K ≈ $1.04 Million |
-0.098x | -290.28% |
| 2017-12-31 | €-11.60 Million ≈ $-13.56 Million |
€-594.42K ≈ $-694.94K |
0.051x | -94.96% |
| 2016-12-31 | €-6.41 Million ≈ $-7.49 Million |
€-6.52 Million ≈ $-7.62 Million |
1.018x | +112.61% |
| 2015-12-31 | €627.25K ≈ $733.32K |
€-5.06 Million ≈ $-5.92 Million |
-8.074x | -1608.63% |
| 2014-12-31 | €11.25 Million ≈ $13.16 Million |
€-5.32 Million ≈ $-6.22 Million |
-0.473x | -- |
About 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