RED ELECTRICA SA
RED ELECTRICA SA operates in Diversified Metals & Mining.
RED ELECTRICA SA (RE21) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 0.010x
Based on the latest financial reports, RED ELECTRICA SA (RE21) has a cash flow conversion efficiency ratio of 0.010x 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 (€52.30 Million) by net assets (€5.36 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
RED ELECTRICA SA - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how RED ELECTRICA SA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
RED ELECTRICA SA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of RED ELECTRICA SA ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
PREOS Global Office Real Estate & Technology AG
MU:PAG
|
N/A |
|
BlackRock Capital Allocation Trust
NYSE:BCAT
|
N/A |
|
Sydinvest - Konservativ Udb
CO:SYVKUA
|
N/A |
|
MACY'S INC - Dusseldorf Stock Exchang
DU:FDO
|
0.002x |
|
LEIFHEIT AG - Dusseldorf Stock Exchang
DU:LEI
|
0.104x |
|
Sociedad Minera Cerro Verde S.A.A.
LIM:CVERDEC1
|
N/A |
|
Maj Invest Grønne Obligationer
CO:MAJGRO
|
N/A |
|
PANASONIC (MAT1.SG)
STU:MAT1
|
0.057x |
Annual Cash Flow Conversion Efficiency for RED ELECTRICA SA (2016–2023)
The table below shows the annual cash flow conversion efficiency of RED ELECTRICA SA from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €5.53 Billion | €491.90 Million | 0.089x | -72.21% |
| 2022-12-31 | €4.89 Billion | €1.57 Billion | 0.320x | -26.50% |
| 2021-12-31 | €3.69 Billion | €1.61 Billion | 0.436x | +10.19% |
| 2020-12-31 | €3.49 Billion | €1.38 Billion | 0.395x | +36.71% |
| 2019-12-31 | €3.61 Billion | €1.05 Billion | 0.289x | -11.64% |
| 2018-12-31 | €3.36 Billion | €1.10 Billion | 0.327x | -12.22% |
| 2017-12-31 | €3.09 Billion | €1.15 Billion | 0.373x | +8.11% |
| 2016-12-31 | €2.92 Billion | €1.01 Billion | 0.345x | -- |