TIETO CORPORATION
TIETO CORPORATION operates in Diversified Metals & Mining.
TIETO CORPORATION (TTEB) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 0.040x
Based on the latest financial reports, TIETO CORPORATION (TTEB) has a cash flow conversion efficiency ratio of 0.040x 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 (€58.20 Million) by net assets (€1.47 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
TIETO CORPORATION - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how TIETO CORPORATION's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
TIETO CORPORATION Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of TIETO CORPORATION ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
KT Submarine Telecom
KO:060370
|
0.062x |
|
HUDBAY MINERALS (OCKA.SG)
STU:OCKA
|
0.055x |
|
Assure Holdings Corp
NASDAQ:IONM
|
0.005x |
|
T&D HOLDINGS - Dusseldorf Stock Exchang
DU:TZ6
|
N/A |
|
FIRST BANCORP (OLWN.SG)
STU:OLWN
|
0.069x |
|
EBRO FOODS - Dusseldorf Stock Exchang
DU:AZU
|
N/A |
|
Qwest Corp 6 75 Notes Expiry 2057
NYSE:CTDD
|
1.097x |
|
EDENRED
MU:QSV
|
N/A |
Annual Cash Flow Conversion Efficiency for TIETO CORPORATION (2016–2023)
The table below shows the annual cash flow conversion efficiency of TIETO CORPORATION from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €1.61 Billion | €266.10 Million | 0.165x | +2.47% |
| 2022-12-31 | €1.72 Billion | €276.90 Million | 0.161x | -20.19% |
| 2021-12-31 | €1.82 Billion | €367.50 Million | 0.202x | -7.48% |
| 2020-12-31 | €1.63 Billion | €354.70 Million | 0.218x | +32.53% |
| 2019-12-31 | €1.69 Billion | €278.40 Million | 0.165x | -54.42% |
| 2018-12-31 | €482.50 Million | €174.20 Million | 0.361x | +13.71% |
| 2017-12-31 | €475.60 Million | €151.00 Million | 0.317x | +59.43% |
| 2016-12-31 | €488.10 Million | €97.20 Million | 0.199x | -- |