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. See net asset quality index of Green Hydrogen Systems AS to measure how much of total assets are equity-financed.

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. Check Green Hydrogen Systems AS cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

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
Marvel Gold Ltd AU:MVL	-0.291x
Vyome Holdings, Inc. NASDAQ:HIND	1.108x
GT Biopharma Inc NASDAQ:GTBP	-0.326x
Barramundi Group Ltd OL:BARRA	0.044x
Rugby Mining Limited V:RUG	1.162x
Volex Plc LSE:VLX	0.052x
Ten-League International Holdings Limited Ordinary Shares NASDAQ:TLIH	N/A
Trustpilot Group PLC LSE:TRST	-5.609x

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. For the full company profile with market capitalisation and key ratios, see GREENH stock market capitalisation.

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

#26573 Global

#122 in Denmark

Share Price

Dkr0.41

Change (1 day)

+0.00%

52-Week Range

Dkr0.41 - Dkr0.41

All Time High

Dkr47.80