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. View AKRIT share price today for real-time trading data and today's change.
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. Also see Akritas S.A stock valuation for the company's overall valuation and market capitalisation.
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. Also see AKRIT asset base for a full breakdown of the balance sheet.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Observe Medical Asa
OL:OBSRV
|
-0.829x |
|
Reach Resources Ltd
AU:RR1
|
-0.032x |
|
Canadian North Resources Inc.
V:CNRI
|
0.006x |
|
Antec Inc
TWO:6276
|
-0.061x |
|
Churchill Capital Corp IX Warrant
NASDAQ:CCIXW
|
-0.001x |
|
High Peak Royalties Ltd
AU:HPR
|
-0.016x |
|
Chinyang Poly
KO:010640
|
0.004x |
|
Lakes Oil NL
AU:LKO
|
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. Review Akritas S.A (AKRIT) financial flexibility to assess the company's free cash flow relative to its total liabilities.
| 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