Nyxoah (NYXH) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.402x

Based on the latest financial reports, Nyxoah (NYXH) has a cash flow conversion efficiency ratio of -0.402x as of September 2025. 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 (€-20.48 Million ≈ $-23.95 Million USD) by net assets (€50.95 Million ≈ $59.57 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see how much is Nyxoah worth for the company's overall valuation and market capitalisation.

Nyxoah - Cash Flow Conversion Efficiency Trend (2017–2024)

This chart illustrates how Nyxoah's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Nyxoah Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Nyxoah ranked by their cash flow conversion efficiency. See Nyxoah cash debt coverage ratio to evaluate how effectively operating cash flow covers total debt obligations.

Company	Cash Flow Conversion Efficiency
Gold Terra Resource Corp V:YGT	-0.011x
Namib Minerals Ordinary Shares NASDAQ:NAMM	-0.351x
Rorze Systems Corporation KQ:071280	0.008x
Harboes Bryggeri A/S CO:HARB-B	0.029x
Abionyx Pharma SA PA:ABNX	-0.314x
SUI Group Holdings Limited NASDAQ:SUIG	-0.023x
Maan Aluminium Limited NSE:MAANALU	0.076x
SLP Resources Bhd KLSE:7248	0.017x

Annual Cash Flow Conversion Efficiency for Nyxoah (2017–2024)

The table below shows the annual cash flow conversion efficiency of Nyxoah from 2017 to 2024. View NYXH share price today for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	€113.25 Million ≈ $132.41 Million	€-49.23 Million ≈ $-57.55 Million	-0.435x	+4.85%
2023-12-31	€98.02 Million ≈ $114.60 Million	€-44.78 Million ≈ $-52.35 Million	-0.457x	-91.15%
2022-12-31	€120.32 Million ≈ $140.67 Million	€-28.76 Million ≈ $-33.62 Million	-0.239x	-40.19%
2021-12-31	€148.62 Million ≈ $173.75 Million	€-25.34 Million ≈ $-29.62 Million	-0.170x	-141.38%
2020-12-31	€97.19 Million ≈ $113.63 Million	€-6.86 Million ≈ $-8.02 Million	-0.071x	+95.58%
2019-12-31	€3.71 Million ≈ $4.34 Million	€-5.93 Million ≈ $-6.94 Million	-1.598x	-105.20%
2018-12-31	€10.45 Million ≈ $12.22 Million	€-8.14 Million ≈ $-9.52 Million	-0.779x	+57.47%
2017-12-31	€4.53 Million ≈ $5.29 Million	€-8.29 Million ≈ $-9.69 Million	-1.831x	--

About Nyxoah

BR:NYXH Belgium Medical Instruments & Supplies

Market Cap

$68.91 Million

€58.95 Million EUR

Market Cap Rank

#20753 Global

#90 in Belgium

Share Price

€1.37

Change (1 day)

-1.15%

52-Week Range

€1.15 - €5.99

All Time High

€29.90