Green Hydrogen Systems AS Cash Flow Conversion Efficiency

Latest as of June 2024: -0.143x

Green Hydrogen Systems AS cash flow conversion efficiency. 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.

Cash Flow Conversion Efficiency of Green Hydrogen Systems AS (2018–2023)

Cash flow conversion efficiency of Green Hydrogen Systems AS from 2018 to 2023. This chart illustrates how Green Hydrogen Systems AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. View latest Green Hydrogen Systems AS stock price today for real-time trading data and today's change.

Green Hydrogen Systems AS Cash Flow Conversion Ratio Explained

Green Hydrogen Systems AS cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Also see how much is Green Hydrogen Systems AS worth for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
PN Poong Nyun Co. Ltd KQ:024940	-0.028x
Biovie Inc NASDAQ:BIVI	-0.401x
GreenPro Capital Corp NASDAQ:GRNQ	-0.061x
Soktas Tekstil Sanayi ve Ticaret AS IS:SKTAS	0.124x
Chuan Huat Resources Bhd KLSE:7016	-0.039x
Rugby Mining Limited V:RUG	1.162x
Focus Lumber Bhd KLSE:5197	0.025x
Ten-League International Holdings Limited Ordinary Shares NASDAQ:TLIH	N/A

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. Review GREENH cash flow after capex ratio to assess how much free cash flow the company generates relative to operating cash flow.

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

#26461 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