Groenlandsbanken AS
GrønlandsBANKEN A/S provides various financial services to private and business customers, and public institutions in Greenland. It offers housing services, including buying a home, loan restructuring, purchase of cooperative apartment, renovation, property sale, construction or renovation, and equity services; car, snowmobile, Minguik environmental, personal, boat, and quick loans; Qimatut and l… Read more
Groenlandsbanken AS (GRLA) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2023: 0.003x
Based on the latest financial reports, Groenlandsbanken AS (GRLA) has a cash flow conversion efficiency ratio of 0.003x as of September 2023.
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 (Dkr4.07 Million) by net assets (Dkr1.42 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Groenlandsbanken AS - Cash Flow Conversion Efficiency Trend (2002–2024)
This chart illustrates how Groenlandsbanken 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.
Groenlandsbanken AS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Groenlandsbanken AS ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Zhejiang Busen Garments Co Ltd
SHE:002569
|
-0.793x |
|
Ventive Hospitality Ltd
NSE:VENTIVE
|
0.021x |
|
enGene Holdings Inc. Common Stock
NASDAQ:ENGN
|
-0.103x |
|
MCBC Holdings Inc
NASDAQ:MCFT
|
0.082x |
|
Microvision Inc
NASDAQ:MVIS
|
-0.277x |
|
Guangzhou Pearl River Piano Group Co Ltd
SHE:002678
|
-0.021x |
|
Guangdong Tianan New Material
SHG:603725
|
0.079x |
|
MBM Resources Bhd
KLSE:5983
|
0.005x |
Annual Cash Flow Conversion Efficiency for Groenlandsbanken AS (2002–2024)
The table below shows the annual cash flow conversion efficiency of Groenlandsbanken AS from 2002 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Dkr1.59 Billion | Dkr736.20 Million | 0.462x | +283.59% |
| 2023-12-31 | Dkr1.48 Billion | Dkr-372.18 Million | -0.252x | -475.60% |
| 2022-12-31 | Dkr1.32 Billion | Dkr88.34 Million | 0.067x | +155.68% |
| 2021-12-31 | Dkr1.27 Billion | Dkr-152.56 Million | -0.120x | -248.64% |
| 2020-12-31 | Dkr1.18 Billion | Dkr95.27 Million | 0.081x | -92.08% |
| 2019-12-31 | Dkr1.08 Billion | Dkr1.10 Billion | 1.022x | +118.94% |
| 2018-12-31 | Dkr999.16 Million | Dkr466.49 Million | 0.467x | +175.87% |
| 2017-12-31 | Dkr958.46 Million | Dkr-589.80 Million | -0.615x | -884.65% |
| 2016-12-31 | Dkr926.21 Million | Dkr72.64 Million | 0.078x | -87.45% |
| 2015-12-31 | Dkr914.28 Million | Dkr571.30 Million | 0.625x | +555.79% |
| 2014-12-31 | Dkr909.87 Million | Dkr-124.74 Million | -0.137x | -126.79% |
| 2013-12-31 | Dkr876.24 Million | Dkr448.32 Million | 0.512x | +832.92% |
| 2012-12-31 | Dkr850.95 Million | Dkr46.67 Million | 0.055x | +130.60% |
| 2011-12-31 | Dkr791.91 Million | Dkr-141.95 Million | -0.179x | -123.99% |
| 2010-12-31 | Dkr758.38 Million | Dkr566.64 Million | 0.747x | +776.87% |
| 2009-12-31 | Dkr694.28 Million | Dkr59.16 Million | 0.085x | +118.68% |
| 2008-12-31 | Dkr626.22 Million | Dkr-285.71 Million | -0.456x | -431.44% |
| 2007-12-31 | Dkr649.46 Million | Dkr89.40 Million | 0.138x | -30.24% |
| 2006-12-31 | Dkr648.72 Million | Dkr128.00 Million | 0.197x | +2.61% |
| 2005-12-31 | Dkr626.71 Million | Dkr120.52 Million | 0.192x | +213.75% |
| 2004-12-31 | Dkr533.30 Million | Dkr-90.15 Million | -0.169x | +77.63% |
| 2003-12-31 | Dkr532.24 Million | Dkr-402.26 Million | -0.756x | -173.28% |
| 2002-12-31 | Dkr530.80 Million | Dkr547.46 Million | 1.031x | -- |