NOVOZYMES -B-
NOVOZYMES -B- operates in Diversified Metals & Mining.
NOVOZYMES -B- (NZM2) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2023: 0.078x
Based on the latest financial reports, NOVOZYMES -B- (NZM2) has a cash flow conversion efficiency ratio of 0.078x as of December 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 (€1.12 Billion) by net assets (€14.35 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
NOVOZYMES -B- - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how NOVOZYMES -B-'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
NOVOZYMES -B- Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of NOVOZYMES -B- ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
ASA GOLD+PREC.MET.LTD.DL1
F:FZ6
|
N/A |
|
Worlds Inc
OTCQB:WDDD
|
0.007x |
|
SALAFIN
BC:SALAFIN
|
N/A |
|
Taiwan Taomee Co. Ltd.
TWO:6428
|
N/A |
|
AMADEUS IT HOLD -A- - Dusseldorf Stock Exchang
DU:AI3A
|
0.118x |
|
PC CONNECTION
MU:PCC
|
0.059x |
|
BOLT BIOTHERAP. DL-00001
F:6LP
|
N/A |
|
Gentor Resources Inc
PINK:GNTOF
|
0.003x |
Annual Cash Flow Conversion Efficiency for NOVOZYMES -B- (2016–2023)
The table below shows the annual cash flow conversion efficiency of NOVOZYMES -B- from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €14.35 Billion | €4.15 Billion | 0.289x | +2.76% |
| 2022-12-31 | €14.23 Billion | €4.01 Billion | 0.282x | -15.39% |
| 2021-12-31 | €12.21 Billion | €4.06 Billion | 0.333x | -14.08% |
| 2020-12-31 | €11.24 Billion | €4.36 Billion | 0.387x | +39.12% |
| 2019-12-31 | €11.48 Billion | €3.20 Billion | 0.278x | -13.45% |
| 2018-12-31 | €11.44 Billion | €3.68 Billion | 0.322x | -10.80% |
| 2017-12-31 | €11.27 Billion | €4.06 Billion | 0.361x | +10.30% |
| 2016-12-31 | €11.74 Billion | €3.84 Billion | 0.327x | -- |