Green Hydrogen Systems AS (GREENH) - Cash Flow Conversion Efficiency

Latest 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 ≈ $-15.11 Million USD) by net assets (Dkr673.08 Million ≈ $105.31 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 GREENH stock market capitalisation for the company's overall valuation and market capitalisation.

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.

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. See GREENH cash flow to debt ratio to evaluate how effectively operating cash flow covers total debt obligations.

Company	Cash Flow Conversion Efficiency
Xintela AB ST:XINT	0.242x
Spring Ventures Ltd TA:SPRG	-0.016x
Lifecare AS OL:LIFE	-1.170x
Capital Engineering Network Public Company Limited BK:CEN	0.024x
Ekiz Kimya Sanayi ve Ticaret AS IS:EKIZ	-0.296x
PT Mitra Pack Tbk JK:PTMP	-0.087x
Rugby Mining Limited V:RUG	1.162x
Focus Lumber Bhd KLSE:5197	-0.060x

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. View Green Hydrogen Systems AS (GREENH) share price today for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2023-12-31	Dkr881.83 Million ≈ $137.97 Million	Dkr-280.22 Million ≈ $-43.84 Million	-0.318x	+3.50%
2022-12-31	Dkr862.05 Million ≈ $134.87 Million	Dkr-283.87 Million ≈ $-44.41 Million	-0.329x	-148.32%
2021-12-31	Dkr1.17 Billion ≈ $183.34 Million	Dkr-155.39 Million ≈ $-24.31 Million	-0.133x	-102.15%
2020-12-31	Dkr-4.08 Million ≈ $-637.88K	Dkr-25.17 Million ≈ $-3.94 Million	6.174x	+684.72%
2019-12-31	Dkr20.53 Million ≈ $3.21 Million	Dkr-21.68 Million ≈ $-3.39 Million	-1.056x	+88.89%
2018-12-31	Dkr137.00K ≈ $21.43K	Dkr-1.30 Million ≈ $-203.71K	-9.504x	--

About Green Hydrogen Systems AS

CO:GREENH Denmark Utilities - Renewable

Market Cap

$12.07 Million

Dkr77.16 Million DKK

Market Cap Rank

#26667 Global

#121 in Denmark

Share Price

Dkr0.41

Change (1 day)

+0.00%

52-Week Range

Dkr0.41 - Dkr0.41

All Time High

Dkr47.80