Alpha Astika Akinita S.A (ASTAK) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Alpha Astika Akinita S.A (ASTAK) has a cash flow conversion efficiency ratio of -0.227x as of June 2023. 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 (€-22.33 Million ≈ $-26.11 Million USD) by net assets (€98.54 Million ≈ $115.20 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 debt-free asset ratio of Alpha Astika Akinita S.A to measure how much of total assets are equity-financed.
Alpha Astika Akinita S.A - Cash Flow Conversion Efficiency Trend (2014–2024)
This chart illustrates how Alpha Astika Akinita S.A's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Alpha Astika Akinita S.A cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
Alpha Astika Akinita S.A Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Alpha Astika Akinita S.A ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Red Star Macalline Group Corporation Ltd
F:3S5
|
-0.008x |
|
Phinergy Ltd
TA:PNRG
|
-0.265x |
|
SYN-Tech Chem & Pharm Co Ltd
TWO:1777
|
0.099x |
|
Korea Fuel-Tech Corporation
KQ:123410
|
0.066x |
|
Nicola Mining Inc
V:NIM
|
0.542x |
|
Townsquare Media Inc
NYSE:TSQ
|
-0.116x |
|
Voss Veksel og Landmandsbank ASA
OL:VVL
|
0.227x |
|
Fabryki Mebli Forte S.A.
WAR:FTE
|
0.023x |
Annual Cash Flow Conversion Efficiency for Alpha Astika Akinita S.A (2014–2024)
The table below shows the annual cash flow conversion efficiency of Alpha Astika Akinita S.A from 2014 to 2024. For the full company profile with market capitalisation and key ratios, see market cap of Alpha Astika Akinita S.A.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €72.08 Million ≈ $84.27 Million |
€19.49 Million ≈ $22.79 Million |
0.270x | +140.95% |
| 2023-12-31 | €97.48 Million ≈ $113.97 Million |
€-64.39 Million ≈ $-75.28 Million |
-0.661x | -1449.07% |
| 2022-12-31 | €96.78 Million ≈ $113.14 Million |
€4.74 Million ≈ $5.54 Million |
0.049x | +158.37% |
| 2021-12-31 | €139.59 Million ≈ $163.20 Million |
€2.65 Million ≈ $3.09 Million |
0.019x | +57.51% |
| 2020-12-31 | €137.63 Million ≈ $160.91 Million |
€1.66 Million ≈ $1.94 Million |
0.012x | -54.68% |
| 2019-12-31 | €134.33 Million ≈ $157.05 Million |
€3.57 Million ≈ $4.17 Million |
0.027x | +95.15% |
| 2018-12-31 | €131.42 Million ≈ $153.64 Million |
€1.79 Million ≈ $2.09 Million |
0.014x | -40.05% |
| 2017-12-31 | €128.31 Million ≈ $150.01 Million |
€2.91 Million ≈ $3.40 Million |
0.023x | +99.54% |
| 2016-12-31 | €128.38 Million ≈ $150.09 Million |
€1.46 Million ≈ $1.71 Million |
0.011x | -75.56% |
| 2015-12-31 | €133.90 Million ≈ $156.54 Million |
€6.23 Million ≈ $7.28 Million |
0.047x | +112.40% |
| 2014-12-31 | €129.93 Million ≈ $151.90 Million |
€2.85 Million ≈ $3.33 Million |
0.022x | -- |
About Alpha Astika Akinita S.A
Alpha Astika Akinita S.A., together with its subsidiaries, provides various real estate services in Greece. It offers purchases/sales services, such as locating suitable real estate, evaluation of offers, negotiations, and action co-ordination for completing the purchase or sale; rents/lease services, such as locating leaseholds and lessees, evaluation of offers, rent-lease negotiations, and rent… Read more