AVE S.A. (AVE) - Cash Flow Conversion Efficiency

Latest 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 ≈ $-3.64 Million USD) by net assets (€-9.34 Million ≈ $-10.92 Million USD). 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. Read AVE S.A. balance sheet liabilities for a breakdown of total debt and financial obligations.

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
AURRIGO INT.PLCLS-002 F:CI0	N/A
Thai Wah Public Company Limited BK:TWPC	0.048x
Bound and Beyond PCL BK:BEYOND	0.068x
Imas Makina Sanayi AS IS:IMASM	0.046x
KPM TECH Co. Ltd KQ:042040	0.241x
DGL Group Ltd AU:DGL	0.078x
Metro Ticari ve Mali Yatirimlar Holding AS IS:METRO	0.000x
Phytohealth Corp TW:4108	0.005x

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. For the full company profile with market capitalisation and key ratios, see AVE market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2023-12-31	€-6.11 Million ≈ $-7.14 Million	€-10.93 Million ≈ $-12.77 Million	1.789x	-39.09%
2022-12-31	€-2.38 Million ≈ $-2.79 Million	€-7.00 Million ≈ $-8.18 Million	2.938x	+82.81%
2021-12-31	€5.63 Million ≈ $6.58 Million	€9.04 Million ≈ $10.57 Million	1.607x	+238.06%
2020-12-31	€5.35 Million ≈ $6.25 Million	€-6.22 Million ≈ $-7.27 Million	-1.164x	-53.78%
2019-12-31	€-3.05 Million ≈ $-3.57 Million	€2.31 Million ≈ $2.70 Million	-0.757x	+42.52%
2018-12-31	€4.82 Million ≈ $5.63 Million	€-6.35 Million ≈ $-7.42 Million	-1.317x	-18928.81%
2017-12-31	€8.89 Million ≈ $10.39 Million	€-61.51K ≈ $-71.91K	-0.007x	+99.47%
2016-12-31	€5.49 Million ≈ $6.41 Million	€-7.21 Million ≈ $-8.43 Million	-1.315x	-224.32%
2015-12-31	€11.77 Million ≈ $13.76 Million	€-4.77 Million ≈ $-5.58 Million	-0.405x	+5.95%
2014-12-31	€13.86 Million ≈ $16.20 Million	€-5.97 Million ≈ $-6.98 Million	-0.431x	--

About AVE S.A.

AT:AVE Greece Entertainment

Market Cap

$92.69 Million

€79.28 Million EUR

Market Cap Rank

#20206 Global

#60 in Greece

Share Price

€0.45

Change (1 day)

+0.68%

52-Week Range

€0.43 - €0.61

All Time High

€0.61