Frigoglass S.A.I.C. (FRIGO) - Cash Flow Conversion Efficiency

Latest as of December 2022: 0.037x

Based on the latest financial reports, Frigoglass S.A.I.C. (FRIGO) has a cash flow conversion efficiency ratio of 0.037x 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 (€-6.25 Million ≈ $-7.30 Million USD) by net assets (€-171.05 Million ≈ $-199.97 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 Frigoglass S.A.I.C. (FRIGO) balance sheet quality index to measure how much of total assets are equity-financed.

Frigoglass S.A.I.C. - Cash Flow Conversion Efficiency Trend (2014–2023)

This chart illustrates how Frigoglass S.A.I.C.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is Frigoglass S.A.I.C.'s earnings quality to evaluate the quality of earnings relative to operating cash generation.

Frigoglass S.A.I.C. Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Frigoglass S.A.I.C. ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
S P V I Public Company Limited BK:SPVI	0.102x
Singular Health Group Ltd AU:SHG	-0.266x
Samho Dev KO:010960	-0.055x
Tolins Tyres Ltd NSE:TOLINS	N/A
Yura Tech. Co. Ltd KQ:048430	-0.019x
G.I. Tech Co. Ltd. KQ:382480	0.020x
Neptune Digital Assets Corp V:NDA	-0.027x
CANTOURAGE GROUP SE O.N. F:HIGH	N/A

Annual Cash Flow Conversion Efficiency for Frigoglass S.A.I.C. (2014–2023)

The table below shows the annual cash flow conversion efficiency of Frigoglass S.A.I.C. from 2014 to 2023. For the full company profile with market capitalisation and key ratios, see market cap of Frigoglass S.A.I.C..

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2023-12-31	€834.00K ≈ $975.03K	€-1.56 Million ≈ $-1.83 Million	-1.874x	+95.39%
2022-12-31	€1.92 Million ≈ $2.25 Million	€-78.23 Million ≈ $-91.46 Million	-40.662x	-28906.76%
2021-12-31	€-135.52 Million ≈ $-158.43 Million	€19.00 Million ≈ $22.21 Million	-0.140x	+42.34%
2020-12-31	€-127.60 Million ≈ $-149.18 Million	€31.02 Million ≈ $36.27 Million	-0.243x	+54.28%
2019-12-31	€-84.84 Million ≈ $-99.19 Million	€45.11 Million ≈ $52.74 Million	-0.532x	-20.21%
2018-12-31	€-91.98 Million ≈ $-107.54 Million	€40.69 Million ≈ $47.57 Million	-0.442x	-208.90%
2017-12-31	€-83.15 Million ≈ $-97.21 Million	€-33.77 Million ≈ $-39.48 Million	0.406x	+341.22%
2016-12-31	€-167.95 Million ≈ $-196.35 Million	€28.28 Million ≈ $33.06 Million	-0.168x	-102.32%
2015-12-31	€-424.00K ≈ $-495.70K	€-3.08 Million ≈ $-3.60 Million	7.269x	+912.13%
2014-12-31	€66.97 Million ≈ $78.30 Million	€48.10 Million ≈ $56.23 Million	0.718x	--

About Frigoglass S.A.I.C.

AT:FRIGO Greece Specialty Industrial Machinery

Market Cap

$51.00 Million

€43.62 Million EUR

Market Cap Rank

#22348 Global

#73 in Greece

Share Price

€0.36

Change (1 day)

+1.12%

52-Week Range

€0.30 - €0.61

All Time High

€29.04