ABSOLUTE CLEAN ENERGY
Absolute Clean Energy Public Company Limited, together with its subsidiaries, produces and distributes electricity from renewable energy in Thailand. It operates through four segments: Biomass Power Plants, Solid Waste Power Plants, Natural Gas Power Plants, and Solar Energy Power Plants. The company holds 24 COD powerplants with a total of 277.57 megawatts. The company was founded in 1979 and is… Read more
ABSOLUTE CLEAN ENERGY (ACE-R) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 0.026x
Based on the latest financial reports, ABSOLUTE CLEAN ENERGY (ACE-R) has a cash flow conversion efficiency ratio of 0.026x 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 (฿421.11 Million) by net assets (฿15.91 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
ABSOLUTE CLEAN ENERGY - Cash Flow Conversion Efficiency Trend (2014–2023)
This chart illustrates how ABSOLUTE CLEAN ENERGY's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
ABSOLUTE CLEAN ENERGY Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of ABSOLUTE CLEAN ENERGY ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
C-Media Electronics
TWO:6237
|
-0.032x |
|
Norsk Titanium AS
OTCQX:NORSF
|
-0.326x |
|
Affinity Bancshares Inc
NASDAQ:AFBI
|
0.029x |
|
Yoma Strategic Holdings Ltd
PINK:YMAIF
|
0.036x |
|
Nobia AB (publ)
F:NI8
|
0.042x |
|
OM Holdings Limited
PINK:OMHLF
|
0.064x |
|
Oxford Square Capital Corp
NASDAQ:OXSQ
|
0.033x |
|
Jaguar Mining Inc
OTCQX:JAGGF
|
0.029x |
Annual Cash Flow Conversion Efficiency for ABSOLUTE CLEAN ENERGY (2014–2023)
The table below shows the annual cash flow conversion efficiency of ABSOLUTE CLEAN ENERGY from 2014 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | ฿15.30 Billion | ฿2.18 Billion | 0.142x | +32.66% |
| 2022-12-31 | ฿14.18 Billion | ฿1.52 Billion | 0.107x | -23.23% |
| 2021-12-31 | ฿13.37 Billion | ฿1.87 Billion | 0.140x | -11.52% |
| 2020-12-31 | ฿11.99 Billion | ฿1.89 Billion | 0.158x | +5.34% |
| 2019-12-31 | ฿10.79 Billion | ฿1.62 Billion | 0.150x | -50.77% |
| 2018-12-31 | ฿5.57 Billion | ฿1.70 Billion | 0.305x | +53.34% |
| 2017-12-31 | ฿5.11 Billion | ฿1.02 Billion | 0.199x | +14.82% |
| 2016-12-31 | ฿4.61 Billion | ฿798.22 Million | 0.173x | -70.84% |
| 2015-12-31 | ฿276.78 Million | ฿164.22 Million | 0.593x | +468.50% |
| 2014-12-31 | ฿6.69 Billion | ฿698.35 Million | 0.104x | -- |