Dromeas SA (DROME) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Dromeas SA (DROME) has a cash flow conversion efficiency ratio of 0.020x 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 (€569.09K ≈ $665.32K USD) by net assets (€28.85 Million ≈ $33.73 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 DROME equity financing ratio to measure how much of total assets are equity-financed.
Dromeas SA - Cash Flow Conversion Efficiency Trend (2014–2022)
This chart illustrates how Dromeas SA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check cash flow quality index of Dromeas SA to evaluate the quality of earnings relative to operating cash generation.
Dromeas SA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Dromeas SA ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Hancom MDS Inc
KQ:086960
|
0.040x |
|
Iconovo
ST:ICO
|
-0.035x |
|
First Lithium Ltd
AU:FL1
|
-0.118x |
|
Genetic Signatures Ltd
AU:GSS
|
-0.008x |
|
Korea SE Corp
KQ:101670
|
-0.024x |
|
Adherium Ltd
AU:ADR
|
9.437x |
|
Biovie Inc
NASDAQ:BIVI
|
-0.477x |
|
HOV Services Limited
NSE:HOVS
|
-0.052x |
Annual Cash Flow Conversion Efficiency for Dromeas SA (2014–2022)
The table below shows the annual cash flow conversion efficiency of Dromeas SA from 2014 to 2022. For the full company profile with market capitalisation and key ratios, see DROME stock market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | €28.85 Million ≈ $33.73 Million |
€3.39 Million ≈ $3.96 Million |
0.117x | +29.84% |
| 2021-12-31 | €27.97 Million ≈ $32.70 Million |
€2.53 Million ≈ $2.95 Million |
0.090x | -2.64% |
| 2020-12-31 | €27.08 Million ≈ $31.66 Million |
€2.51 Million ≈ $2.94 Million |
0.093x | +153.28% |
| 2019-12-31 | €26.33 Million ≈ $30.78 Million |
€965.00K ≈ $1.13 Million |
0.037x | -73.22% |
| 2018-12-31 | €25.90 Million ≈ $30.28 Million |
€3.54 Million ≈ $4.14 Million |
0.137x | +109.24% |
| 2017-12-31 | €25.81 Million ≈ $30.17 Million |
€1.69 Million ≈ $1.97 Million |
0.065x | +51.40% |
| 2016-12-31 | €26.69 Million ≈ $31.20 Million |
€1.15 Million ≈ $1.35 Million |
0.043x | +135.96% |
| 2015-12-31 | €26.93 Million ≈ $31.48 Million |
€493.00K ≈ $576.37K |
0.018x | -70.68% |
| 2014-12-31 | €29.07 Million ≈ $33.98 Million |
€1.81 Million ≈ $2.12 Million |
0.062x | -- |
About Dromeas SA
Dromeas SA produces and sells office furniture, partition walls, filing systems, and custom-made furniture solutions. It offers office chairs and desk seating products, including conference, executive, working, and visitor chairs; and public and auditorium seating products. The company also provides desk and workstations, such as home office products, conference and meeting tables, executive and … Read more