TECHNE CORP
TECHNE CORP operates in Diversified Metals & Mining.
TECHNE CORP (TE1) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 0.036x
Based on the latest financial reports, TECHNE CORP (TE1) has a cash flow conversion efficiency ratio of 0.036x 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 (€75.50 Million) by net assets (€2.07 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
TECHNE CORP - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how TECHNE CORP's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
TECHNE CORP Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of TECHNE CORP ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Esso SAF
MU:EH8
|
N/A |
|
BANCA GENERALI (B7A.SG)
STU:B7A
|
N/A |
|
Mastrad
PA:ALMAS
|
0.033x |
|
ABSA Bank Limited
JSE:ABSP
|
0.127x |
|
Western Digital Corporation Common Stock Ex-distribution When-Issued
NASDAQ:WDCVV
|
N/A |
|
Oldfields Holdings Ltd
AU:OLH
|
-0.443x |
|
Jyske Invest Nye Aktiemarkeder KL
CO:JYINYAKL
|
N/A |
|
DMG MORI SEIKI
BE:GIL
|
N/A |
Annual Cash Flow Conversion Efficiency for TECHNE CORP (2016–2024)
The table below shows the annual cash flow conversion efficiency of TECHNE CORP from 2016 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-06-30 | €2.07 Billion | €298.98 Million | 0.145x | +11.71% |
| 2023-06-30 | €1.97 Billion | €254.39 Million | 0.129x | -32.35% |
| 2022-06-30 | €1.70 Billion | €325.27 Million | 0.191x | -14.68% |
| 2021-06-30 | €1.57 Billion | €352.16 Million | 0.224x | +50.85% |
| 2020-06-30 | €1.38 Billion | €205.22 Million | 0.149x | -4.65% |
| 2019-06-30 | €1.17 Billion | €181.62 Million | 0.156x | -1.31% |
| 2018-06-30 | €1.08 Billion | €170.37 Million | 0.158x | +4.52% |
| 2017-06-30 | €949.63 Million | €143.45 Million | 0.151x | -7.68% |
| 2016-06-30 | €879.28 Million | €143.87 Million | 0.164x | -- |