Space Hellas SA (SPACE) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Space Hellas SA (SPACE) has a cash flow conversion efficiency ratio of -0.549x as of June 2023. 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 (€-18.00 Million ≈ $-21.05 Million USD) by net assets (€32.76 Million ≈ $38.30 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 debt-free asset ratio of Space Hellas SA to measure how much of total assets are equity-financed.
Space Hellas SA - Cash Flow Conversion Efficiency Trend (2014–2024)
This chart illustrates how Space Hellas SA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Space Hellas SA (SPACE) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Space Hellas SA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Space Hellas SA ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Sea & Land Integrated Co
TWO:5603
|
0.023x |
|
Suratwwala Business Group Limited
NSE:SBGLP
|
0.004x |
|
Loyal Metals Ltd
AU:LLM
|
-0.034x |
|
Biome Australia Ltd
AU:BIO
|
0.344x |
|
PJ Metal Co. Ltd
KQ:128660
|
-0.274x |
|
Ittifak Holding A.S.
IS:LRSHO
|
-0.028x |
|
Aman Agrindo
JK:GULA
|
-0.215x |
|
TGI Infrastructures Ltd
TA:TGI
|
0.093x |
Annual Cash Flow Conversion Efficiency for Space Hellas SA (2014–2024)
The table below shows the annual cash flow conversion efficiency of Space Hellas SA from 2014 to 2024. For the full company profile with market capitalisation and key ratios, see market value of Space Hellas SA.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €30.88 Million ≈ $36.10 Million |
€-567.00K ≈ $-662.88K |
-0.018x | -113.32% |
| 2023-12-31 | €28.64 Million ≈ $33.48 Million |
€3.95 Million ≈ $4.62 Million |
0.138x | +449.70% |
| 2022-12-31 | €27.03 Million ≈ $31.60 Million |
€678.00K ≈ $792.65K |
0.025x | +122.58% |
| 2021-12-31 | €24.38 Million ≈ $28.50 Million |
€-2.71 Million ≈ $-3.17 Million |
-0.111x | -140.49% |
| 2020-12-31 | €18.08 Million ≈ $21.14 Million |
€4.96 Million ≈ $5.80 Million |
0.274x | -7.38% |
| 2019-12-31 | €16.39 Million ≈ $19.16 Million |
€4.86 Million ≈ $5.68 Million |
0.296x | +17.67% |
| 2018-12-31 | €15.14 Million ≈ $17.70 Million |
€3.81 Million ≈ $4.46 Million |
0.252x | +195.20% |
| 2017-12-31 | €14.67 Million ≈ $17.15 Million |
€1.25 Million ≈ $1.46 Million |
0.085x | -34.68% |
| 2016-12-31 | €13.79 Million ≈ $16.12 Million |
€1.80 Million ≈ $2.10 Million |
0.131x | -78.28% |
| 2015-12-31 | €12.96 Million ≈ $15.15 Million |
€7.79 Million ≈ $9.11 Million |
0.601x | +102.81% |
| 2014-12-31 | €13.63 Million ≈ $15.94 Million |
€4.04 Million ≈ $4.72 Million |
0.296x | -- |
About Space Hellas SA
Space Hellas S.A., a system integrator and value-added solutions provider, designs, supplies, implements, and supports information and communication technologies (ICT) and security solutions in Greece and internationally. The company operates through three segments: Technology Solutions and Services, Integration Projects, and Mobile Telecommunications. It focuses on the design and implementation … Read more