PRINCIPAL FINANCIAL
PRINCIPAL FINANCIAL operates in Diversified Metals & Mining.
PRINCIPAL FINANCIAL (PG4) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 0.126x
Based on the latest financial reports, PRINCIPAL FINANCIAL (PG4) has a cash flow conversion efficiency ratio of 0.126x as of June 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 (€1.43 Billion) by net assets (€11.34 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
PRINCIPAL FINANCIAL - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how PRINCIPAL FINANCIAL's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
PRINCIPAL FINANCIAL Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of PRINCIPAL FINANCIAL ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
NATL FUEL GAS CO (NFG.SG)
STU:NFG
|
0.090x |
|
Lavoro Limited Class A Ordinary Shares
NASDAQ:LVRO
|
-0.676x |
|
S.A.F. Special Steel PCL
BK:SAF
|
0.001x |
|
GSD Denizcilik Gayrimenkul Insaat Sanayi ve Ticaret AS
IS:GSDDE
|
0.030x |
|
LoopUp Group plc
PINK:LUPGF
|
0.000x |
|
Renergen Ltd.
JSE:REN
|
-0.171x |
|
PAYCHEX INC (PCX.SG)
STU:PCX
|
0.142x |
|
Monarch West Ventures Inc.
V:MONA-P
|
0.001x |
Annual Cash Flow Conversion Efficiency for PRINCIPAL FINANCIAL (2016–2023)
The table below shows the annual cash flow conversion efficiency of PRINCIPAL FINANCIAL from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €11.21 Billion | €3.79 Billion | 0.338x | +9.60% |
| 2022-12-31 | €10.28 Billion | €3.17 Billion | 0.309x | +56.09% |
| 2021-12-31 | €16.46 Billion | €3.25 Billion | 0.198x | -10.05% |
| 2020-12-31 | €16.87 Billion | €3.71 Billion | 0.220x | -41.23% |
| 2019-12-31 | €14.69 Billion | €5.49 Billion | 0.374x | -16.90% |
| 2018-12-31 | €11.46 Billion | €5.16 Billion | 0.450x | +38.88% |
| 2017-12-31 | €12.92 Billion | €4.19 Billion | 0.324x | -13.52% |
| 2016-12-31 | €10.29 Billion | €3.86 Billion | 0.375x | -- |