AVE S.A.
AVE S.A. engages in the distribution of telecommunication products and technology primarily in Greece and Cyprus. It is also involved in the distribution of videogames and related accessories; provision of audio and video services; distribution of films in cinema and television; and marketing of stationery consumables. The company was formerly known as Audio Visual Enterprises S.A. and changed it… Read more
AVE S.A. (AVE) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: 0.334x
Based on the latest financial reports, AVE S.A. (AVE) has a cash flow conversion efficiency ratio of 0.334x 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 (€-3.11 Million) by net assets (€-9.34 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
AVE S.A. - Cash Flow Conversion Efficiency Trend (2014–2023)
This chart illustrates how AVE S.A.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
AVE S.A. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of AVE S.A. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Neontech Co. Ltd
KQ:306620
|
0.037x |
|
Nonthavej Hospital Public Company Limited
BK:NTV
|
0.041x |
|
Northfield Capital Corporation
V:NFD-A
|
0.002x |
|
Hawesko Holding AG
XETRA:HAW
|
-0.017x |
|
Aileron Therapeutics Inc
NASDAQ:ALRN
|
-0.076x |
|
Travelzoo
NASDAQ:TZOO
|
-0.600x |
|
LIWANLI Innovation Co Ltd
TW:3054
|
-0.056x |
|
Goodness Growth Holdings Inc
OTCQX:GDNSF
|
-0.028x |
Annual Cash Flow Conversion Efficiency for AVE S.A. (2014–2023)
The table below shows the annual cash flow conversion efficiency of AVE S.A. from 2014 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €-6.11 Million | €-10.93 Million | 1.789x | -39.09% |
| 2022-12-31 | €-2.38 Million | €-7.00 Million | 2.938x | +82.81% |
| 2021-12-31 | €5.63 Million | €9.04 Million | 1.607x | +238.06% |
| 2020-12-31 | €5.35 Million | €-6.22 Million | -1.164x | -53.78% |
| 2019-12-31 | €-3.05 Million | €2.31 Million | -0.757x | +42.52% |
| 2018-12-31 | €4.82 Million | €-6.35 Million | -1.317x | -18928.81% |
| 2017-12-31 | €8.89 Million | €-61.51K | -0.007x | +99.47% |
| 2016-12-31 | €5.49 Million | €-7.21 Million | -1.315x | -224.32% |
| 2015-12-31 | €11.77 Million | €-4.77 Million | -0.405x | +5.95% |
| 2014-12-31 | €13.86 Million | €-5.97 Million | -0.431x | -- |