FIRST SOLAR
FIRST SOLAR operates in Diversified Metals & Mining.
FIRST SOLAR (F3A) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: -0.007x
Based on the latest financial reports, FIRST SOLAR (F3A) has a cash flow conversion efficiency ratio of -0.007x 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 (€-53.73 Million) by net assets (€7.59 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
FIRST SOLAR - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how FIRST SOLAR's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
FIRST SOLAR Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of FIRST SOLAR ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
YKGI Holdings Bhd
KLSE:7020
|
0.164x |
|
Xox Networks Bhd
KLSE:0140
|
-0.213x |
|
M3 Metals Corp
OTCQB:MLGCF
|
-0.025x |
|
Joe Holding Bhd
KLSE:7096
|
-0.044x |
|
Handal Resources Bhd
KLSE:7253
|
0.099x |
|
Image Systems AB
ST:IS
|
0.046x |
|
Guard Therapeutics International AB
ST:GUARD
|
-1.630x |
|
WESTERN DIGITAL
MU:WDC
|
0.003x |
Annual Cash Flow Conversion Efficiency for FIRST SOLAR (2016–2023)
The table below shows the annual cash flow conversion efficiency of FIRST SOLAR from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €6.69 Billion | €602.26 Million | 0.090x | -39.82% |
| 2022-12-31 | €5.84 Billion | €873.37 Million | 0.150x | +275.42% |
| 2021-12-31 | €5.96 Billion | €237.56 Million | 0.040x | +492.87% |
| 2020-12-31 | €5.52 Billion | €37.12 Million | 0.007x | -80.33% |
| 2019-12-31 | €5.10 Billion | €174.20 Million | 0.034x | +154.51% |
| 2018-12-31 | €5.21 Billion | €-326.81 Million | -0.063x | -123.84% |
| 2017-12-31 | €5.10 Billion | €1.34 Billion | 0.263x | +562.94% |
| 2016-12-31 | €5.21 Billion | €206.75 Million | 0.040x | -- |