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.
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. Read AKRIT total liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Bengal Energy Ltd
TO:BNG
|
-0.004x |
|
Asturiana de Laminados S.A.
MC:ELZ
|
0.921x |
|
L&P Global Berhad
KLSE:0268
|
0.032x |
|
American Manganese Inc
V:AMY
|
-0.054x |
|
Churchill Capital Corp IX Warrant
NASDAQ:CCIXW
|
-0.001x |
|
Korea Plasma Technology U Co.Ltd
KQ:054410
|
0.004x |
|
Connection Technology Systems
TWO:3672
|
-0.009x |
|
Tong Hua Holding Public Company Limited
BK:TH
|
0.005x |
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 stock valuation.
| 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