Hvidbjerg Bank (HVID) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Hvidbjerg Bank (HVID) has a cash flow conversion efficiency ratio of 0.003x as of December 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 (Dkr730.00K ≈ $114.21K USD) by net assets (Dkr253.43 Million ≈ $39.65 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Hvidbjerg Bank - Cash Flow Conversion Efficiency Trend (2019–2023)
This chart illustrates how Hvidbjerg Bank's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read total liabilities of Hvidbjerg Bank for a breakdown of total debt and financial obligations.
Hvidbjerg Bank Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Hvidbjerg Bank ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Aran Research and Development 1982 Ltd
TA:ARAN
|
0.167x |
|
Indonesia Energy
NYSE MKT:INDO
|
-0.054x |
|
Dongkook Ind
KO:001620
|
0.086x |
|
Opter AB
ST:OPTER
|
0.230x |
|
Grupo Ezentis S.A
MC:EZE
|
-0.677x |
|
Legacy Iron Ore Ltd
AU:LCY
|
0.043x |
|
Atlantic American Corporation
NASDAQ:AAME
|
0.061x |
|
Radiant Cash Management Services Limited
NSE:RADIANTCMS
|
-0.015x |
Annual Cash Flow Conversion Efficiency for Hvidbjerg Bank (2019–2023)
The table below shows the annual cash flow conversion efficiency of Hvidbjerg Bank from 2019 to 2023. For the full company profile with market capitalisation and key ratios, see Hvidbjerg Bank market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | Dkr253.43 Million ≈ $39.65 Million |
Dkr2.68 Million ≈ $419.31K |
0.011x | -57.70% |
| 2022-12-31 | Dkr220.96 Million ≈ $34.57 Million |
Dkr5.52 Million ≈ $864.27K |
0.025x | +647.78% |
| 2021-12-31 | Dkr196.76 Million ≈ $30.79 Million |
Dkr-898.00K ≈ $-140.50K |
-0.005x | -127.36% |
| 2020-12-31 | Dkr174.00 Million ≈ $27.22 Million |
Dkr2.90 Million ≈ $454.04K |
0.017x | +58.33% |
| 2019-12-31 | Dkr160.24 Million ≈ $25.07 Million |
Dkr1.69 Million ≈ $264.10K |
0.011x | -- |
About Hvidbjerg Bank
Hvidbjerg Bank A/S provides various banking products and services to private and business customers in Denmark. The company offers various accounts; debit cards; car and motorcycle loans, consumer loans, and housing financing; and self-service, payment card, travel currency, signature room, protected email, electronic payment, and digital payment solutions. It also provides insurance products, su… Read more