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.

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. Read FRIGO current and long-term liabilities for a breakdown of total debt and financial obligations.

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
Hyunwoo Industrial Co. LTD KQ:092300	-0.037x
Pakka Limited NSE:PAKKA	0.016x
Greattown Holdings Ltd B SHG:900940	0.034x
Sotherly Hotels Inc NASDAQ:SOHO	-0.010x
Metalpha Technology Holding Limited NASDAQ:MATH	-0.244x
Thai Nippon Rubber Industry Public Co. Ltd BK:TNR	0.025x
Laserbond Ltd AU:LBL	0.102x
Angkor Resources Corp V:ANK	-0.718x

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 FRIGO company net worth.

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

$49.86 Million

€42.65 Million EUR

Market Cap Rank

#22199 Global

#71 in Greece

Share Price

€0.35

Change (1 day)

-8.57%

52-Week Range

€0.28 - €0.61

All Time High

€29.04