FORTIS
FORTIS operates in Diversified Metals & Mining.
FORTIS (12F) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 0.055x
Based on the latest financial reports, FORTIS (12F) has a cash flow conversion efficiency ratio of 0.055x as of September 2024.
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 (€1.34 Billion) by net assets (€24.39 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
FORTIS - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how FORTIS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
FORTIS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of FORTIS ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Asia Media Group Bhd
KLSE:0159
|
0.011x |
|
ARES-P-B
PINK:ARES-P-B
|
N/A |
|
Diadrom Holding AB
ST:DIAH
|
0.021x |
|
Icon Energy Corp.
NASDAQ:ICON
|
0.070x |
|
Sprott Physical Gold and Silver Trust
TO:CEF
|
-0.001x |
|
Singapore Reinsurance Corporation Limited
STU:S49
|
0.053x |
|
Lmp Automotive Holdings Inc
OTCMKTS:LMPX
|
0.441x |
|
Tower Investments SA
WAR:TOW
|
-0.116x |
Annual Cash Flow Conversion Efficiency for FORTIS (2016–2023)
The table below shows the annual cash flow conversion efficiency of FORTIS from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €23.33 Billion | €3.54 Billion | 0.152x | +12.90% |
| 2022-12-31 | €22.84 Billion | €3.07 Billion | 0.135x | -3.17% |
| 2021-12-31 | €20.92 Billion | €2.91 Billion | 0.139x | +4.37% |
| 2020-12-31 | €20.28 Billion | €2.70 Billion | 0.133x | +0.57% |
| 2019-12-31 | €20.11 Billion | €2.66 Billion | 0.132x | -6.16% |
| 2018-12-31 | €18.46 Billion | €2.60 Billion | 0.141x | -14.25% |
| 2017-12-31 | €16.75 Billion | €2.76 Billion | 0.165x | +43.67% |
| 2016-12-31 | €16.45 Billion | €1.88 Billion | 0.115x | -- |