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 how many days can Space Hellas SA fund operations to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
Gokul Refoils and Solvent Limited
NSE:GOKUL
|
0.080x |
|
Kworld Computer Co Ltd
TWO:3287
|
0.030x |
|
DIGITAL CHOSUN Inc
KQ:033130
|
0.041x |
|
Rank Progress S.A.
WAR:RNK
|
0.006x |
|
AGX Group Berhad
KLSE:0299
|
0.075x |
|
Birko Birlesik Koyunlulular Mensucat Ticaret ve Sanayi AS
IS:BRKO
|
0.031x |
|
Actuate Therapeutics, Inc. Common stock
NASDAQ:ACTU
|
-0.611x |
|
Kwang Ming Silk Mill Co Ltd
TWO:4420
|
-0.105x |
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 SPACE market cap overview.
| 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