ADVANCED ENERGY IND
ADVANCED ENERGY IND operates in Diversified Metals & Mining.
ADVANCED ENERGY IND (AVX) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 0.029x
Based on the latest financial reports, ADVANCED ENERGY IND (AVX) has a cash flow conversion efficiency ratio of 0.029x 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 (€34.06 Million) by net assets (€1.16 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
ADVANCED ENERGY IND - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how ADVANCED ENERGY IND's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
ADVANCED ENERGY IND Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of ADVANCED ENERGY IND ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Plascar Participações Industriais S.A
SA:PLAS3
|
-0.007x |
|
Cooper Metals Ltd
AU:CPM
|
-0.019x |
|
Morningstar US Mid Cap PR USD
PINK:MMCP
|
0.791x |
|
N2OFF Inc
NASDAQ:NITO
|
-0.124x |
|
Kalo Gold Holdings Corp
OTCQB:KLGDF
|
-2.311x |
|
AnalytixInsight Inc
PINK:ATIXF
|
-0.001x |
|
Verde Clean Fuels Inc.
NASDAQ:VGAS
|
-0.026x |
|
Variscan Mines Ltd
AU:VAR
|
-0.024x |
Annual Cash Flow Conversion Efficiency for ADVANCED ENERGY IND (2016–2023)
The table below shows the annual cash flow conversion efficiency of ADVANCED ENERGY IND from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €1.14 Billion | €208.94 Million | 0.183x | +6.06% |
| 2022-12-31 | €1.07 Billion | €183.59 Million | 0.172x | +6.99% |
| 2021-12-31 | €871.50 Million | €140.25 Million | 0.161x | -34.80% |
| 2020-12-31 | €815.34 Million | €201.24 Million | 0.247x | +245.42% |
| 2019-12-31 | €677.26 Million | €48.39 Million | 0.071x | -71.31% |
| 2018-12-31 | €607.30 Million | €151.27 Million | 0.249x | -29.02% |
| 2017-12-31 | €520.64 Million | €182.70 Million | 0.351x | +15.34% |
| 2016-12-31 | €392.07 Million | €119.29 Million | 0.304x | -- |