ASETEK
ASETEK operates in Diversified Metals & Mining.
ASETEK (A31) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2021: 0.019x
Based on the latest financial reports, ASETEK (A31) has a cash flow conversion efficiency ratio of 0.019x as of December 2021.
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 (€942.00K) by net assets (€48.39 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
ASETEK - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how ASETEK's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
ASETEK Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of ASETEK ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Ahmed Hassan Textile Mills Limited
KAR:AHTM
|
N/A |
|
GTFN Holdings Inc
PINK:BTOW
|
0.065x |
|
Delta Insurance
EGX:DEIN
|
N/A |
|
Vakomtek
WAR:VKT
|
N/A |
|
Powertap Hydrogen Capital Corp
PINK:MOTNF
|
-0.012x |
|
DA NANG HOUSIN
VN:NDX
|
N/A |
|
JHS Svendgaard Retail Ventures Limited
NSE:RETAIL
|
N/A |
|
Facilities By ADF PLC
LSE:ADF
|
0.148x |
Annual Cash Flow Conversion Efficiency for ASETEK (2016–2023)
The table below shows the annual cash flow conversion efficiency of ASETEK from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €66.13 Million | €16.28 Million | 0.246x | +225.98% |
| 2022-12-31 | €42.75 Million | €-8.35 Million | -0.195x | -166.05% |
| 2021-12-31 | €48.39 Million | €14.32 Million | 0.296x | +23.02% |
| 2020-12-31 | €47.52 Million | €11.43 Million | 0.241x | +5.77% |
| 2019-12-31 | €39.01 Million | €8.87 Million | 0.227x | +130.51% |
| 2018-12-31 | €38.96 Million | €3.84 Million | 0.099x | -46.22% |
| 2017-12-31 | €33.39 Million | €6.12 Million | 0.183x | -33.53% |
| 2016-12-31 | €28.29 Million | €7.81 Million | 0.276x | -- |