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. Also see AKRIT company net worth for the company's overall valuation and market capitalisation.
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. View Akritas S.A stock price for real-time trading data and today's change.
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. Review Akritas S.A free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Lagnam Spintex Limited
NSE:LAGNAM
|
0.366x |
|
Ancora Indonesia Resources Tbk
JK:OKAS
|
-0.027x |
|
Painchek Ltd
AU:PCK
|
2.987x |
|
Jaycorp Bhd
KLSE:7152
|
-0.009x |
|
Cheetah Holdings Bhd
KLSE:7209
|
0.136x |
|
Churchill Capital Corp IX Warrant
NASDAQ:CCIXW
|
-0.001x |
|
Ambitions Enterprise Management Co. L.L.C Class A Ordinary Shares
NASDAQ:AHMA
|
0.032x |
|
Bharat Road Network Limited
NSE:BRNL
|
-0.109x |
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. Also see Akritas S.A asset portfolio for a full breakdown of the balance sheet.
| 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