Green Hydrogen Systems AS
Green Hydrogen Systems A/S develops and produces electrolysers for hydrogen production based on renewable energy in United Kingdom, Norway, Chile, and Switzerland. The company engages in the installation and sales of electrolysis solutions, as well as provides installed systems services. Its services is used in direct application for decarbonization of industry feedstock and heavy-duty and long r… Read more
Green Hydrogen Systems AS (GREENH) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: -0.143x
Based on the latest financial reports, Green Hydrogen Systems AS (GREENH) has a cash flow conversion efficiency ratio of -0.143x 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 (Dkr-96.55 Million) by net assets (Dkr673.08 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Green Hydrogen Systems AS - Cash Flow Conversion Efficiency Trend (2018–2023)
This chart illustrates how Green Hydrogen Systems AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Green Hydrogen Systems AS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Green Hydrogen Systems AS ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Millcon Steel Public Company Limited
BK:MILL
|
-0.289x |
|
Empro Group Inc. Ordinary shares
NASDAQ:EMPG
|
N/A |
|
Protasco Bhd
KLSE:5070
|
-0.250x |
|
Star Money Public Company Limited
BK:STARM
|
0.097x |
|
Neto Malinda
TA:NTML
|
-0.058x |
|
ReWalk Robotics Ltd
NASDAQ:LFWD
|
-0.301x |
|
Lighthouse Capital Ltd
JSE:LTE
|
0.026x |
|
Thomas Scott (India) Limited
NSE:THOMASCOTT
|
-0.159x |
Annual Cash Flow Conversion Efficiency for Green Hydrogen Systems AS (2018–2023)
The table below shows the annual cash flow conversion efficiency of Green Hydrogen Systems AS from 2018 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | Dkr881.83 Million | Dkr-280.22 Million | -0.318x | +3.50% |
| 2022-12-31 | Dkr862.05 Million | Dkr-283.87 Million | -0.329x | -148.32% |
| 2021-12-31 | Dkr1.17 Billion | Dkr-155.39 Million | -0.133x | -102.15% |
| 2020-12-31 | Dkr-4.08 Million | Dkr-25.17 Million | 6.174x | +684.72% |
| 2019-12-31 | Dkr20.53 Million | Dkr-21.68 Million | -1.056x | +88.89% |
| 2018-12-31 | Dkr137.00K | Dkr-1.30 Million | -9.504x | -- |