Kordellos Ch. Bros S.A (KORDE) - Cash Flow Conversion Efficiency

Latest as of December 2022: -0.060x

Based on the latest financial reports, Kordellos Ch. Bros S.A (KORDE) has a cash flow conversion efficiency ratio of -0.060x 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 (€-1.38 Million ≈ $-1.61 Million USD) by net assets (€23.06 Million ≈ $26.96 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 how leveraged is Kordellos Ch. Bros S.A's balance sheet to measure how much of total assets are equity-financed.

Kordellos Ch. Bros S.A - Cash Flow Conversion Efficiency Trend (2014–2022)

This chart illustrates how Kordellos Ch. Bros S.A's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check KORDE operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.

Kordellos Ch. Bros S.A Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Kordellos Ch. Bros S.A ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Aston Bay Holdings Ltd V:BAY	-0.716x
NEXE Innovations Inc V:NEXE	-0.026x
Cosmos Exploration Ltd AU:C1X	-0.171x
Brainstorm Cell Therapeutics Inc NASDAQ:BCLI	0.118x
Immuron Ltd AU:IMC	-0.189x
Royal Hali Iplik Tekstil Mobilya Sanayi ve Ticaret AS IS:ROYAL	-1.588x
Diversified Energy Company PLC LSE:DEC	0.201x
Encorp Bhd KLSE:6076	0.379x

Annual Cash Flow Conversion Efficiency for Kordellos Ch. Bros S.A (2014–2022)

The table below shows the annual cash flow conversion efficiency of Kordellos Ch. Bros S.A from 2014 to 2022. For the full company profile with market capitalisation and key ratios, see KORDE stock market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2022-12-31	€23.06 Million ≈ $26.96 Million	€1.62 Million ≈ $1.89 Million	0.070x	-8.67%
2021-12-31	€21.06 Million ≈ $24.62 Million	€1.62 Million ≈ $1.89 Million	0.077x	+805.90%
2020-12-31	€16.63 Million ≈ $19.45 Million	€140.87K ≈ $164.69K	0.008x	+113.48%
2019-12-31	€15.86 Million ≈ $18.54 Million	€-996.41K ≈ $-1.16 Million	-0.063x	-148.65%
2018-12-31	€16.83 Million ≈ $19.68 Million	€2.17 Million ≈ $2.54 Million	0.129x	+1903.77%
2017-12-31	€19.35 Million ≈ $22.62 Million	€124.71K ≈ $145.79K	0.006x	+123.54%
2016-12-31	€19.40 Million ≈ $22.68 Million	€-530.93K ≈ $-620.71K	-0.027x	-116.01%
2015-12-31	€18.72 Million ≈ $21.88 Million	€3.20 Million ≈ $3.74 Million	0.171x	+246.87%
2014-12-31	€19.95 Million ≈ $23.32 Million	€-2.32 Million ≈ $-2.71 Million	-0.116x	--

About Kordellos Ch. Bros S.A

AT:KORDE Greece Steel

Market Cap

$10.45 Million

€8.94 Million EUR

Market Cap Rank

#27284 Global

#99 in Greece

Share Price

€0.42

Change (1 day)

+0.24%

52-Week Range

€0.41 - €0.57

All Time High

€0.73