Dromeas SA Cash Flow Conversion Efficiency
Dromeas SA 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. Also see DROME market cap for the company's overall valuation and market capitalisation.
Cash Flow Conversion Efficiency of Dromeas SA (2014–2022)
Cash flow conversion efficiency of Dromeas SA from 2014 to 2022. This chart illustrates how Dromeas SA's cash flow conversion efficiency has evolved over time, based on yearly financial data. View today's stock price for Dromeas SA for real-time trading data and today's change.
Dromeas SA Cash Flow Conversion Ratio Explained
Dromeas SA cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Dromeas SA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Dromeas SA ranked by their cash flow conversion efficiency. Review DROME free cash flow to operating cash ratio to assess how much free cash flow the company generates relative to operating cash flow.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
AUGA GROUP AB EO 029
F:W9Z
|
0.032x |
|
InnSuites Hospitality Trust
NYSE MKT:IHT
|
0.988x |
|
Sirona Biochem Corp
V:SBM
|
0.160x |
|
Reach Resources Ltd
AU:RR1
|
-0.032x |
|
SKK Holdings Limited
NASDAQ:SKK
|
-0.003x |
|
Polyrizon Ltd. Ordinary Shares
NASDAQ:PLRZ
|
-0.099x |
|
Star Diamond Corp
TO:DIAM
|
-0.152x |
|
Adial Pharmaceuticals Inc
NASDAQ:ADIL
|
-40.786x |
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. Also see Dromeas SA total assets for a full breakdown of the balance sheet.
| 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