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.

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. Read Nyxoah debt and liabilities for a breakdown of total debt and financial obligations.

Nyxoah Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Nyxoah ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Woorim Machinery Co. Ltd KQ:101170	-0.035x
Easy Field TWO:6425	-0.057x
Business Online PCL BK:BOL	0.012x
Pyrum Innovations AG OL:PYRUM	-0.116x
Bellevue Group AG SW:BBN	0.150x
Alpha Cognition Inc NASDAQ:ACOG	-0.158x
Aesler Grup Internasional Tbk Pt JK:RONY	-1.290x
HYUNDAI FEED Inc KQ:016790	0.015x

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. For the full company profile with market capitalisation and key ratios, see market cap of Nyxoah.

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

$127.27 Million

€108.86 Million EUR

Market Cap Rank

#18262 Global

#80 in Belgium

Share Price

€2.53

Change (1 day)

+1.20%

52-Week Range

€2.40 - €7.70

All Time High

€29.90