Hydract AS
Hydract A/S develops water hydraulic solutions for the beverage producers. Its solutions simplify the processes and tackle the climate challenges by reducing the need for electricity and water. Hydract A/S was incorporated in 2008 and is based in Holstebro, Denmark.
Hydract AS (HYDRCT) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: -0.161x
Based on the latest financial reports, Hydract AS (HYDRCT) has a cash flow conversion efficiency ratio of -0.161x 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-3.77 Million) by net assets (Dkr23.34 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Hydract AS - Cash Flow Conversion Efficiency Trend (2019–2023)
This chart illustrates how Hydract 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.
Hydract AS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Hydract AS ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Trilogy AI Corp.
OTCQB:TRAID
|
1.520x |
|
SUNSET COVE MNG
BE:9SC
|
N/A |
|
Vicem Hai Van Cement JSC
VN:HVX
|
N/A |
|
Pioneers Properties For Urban Development(PREDCO)
EGX:PRDC
|
N/A |
|
OLP Modaraba
KAR:OLPM
|
N/A |
|
Velox Energy Materials Inc.
PINK:CUIRD
|
-0.053x |
|
Adia Nutrition Inc
PINK:ADIA
|
N/A |
|
Lipari Mining Ltd
NEO:LML
|
0.122x |
Annual Cash Flow Conversion Efficiency for Hydract AS (2019–2023)
The table below shows the annual cash flow conversion efficiency of Hydract AS from 2019 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | Dkr28.74 Million | Dkr-9.36 Million | -0.326x | -11.08% |
| 2022-12-31 | Dkr36.16 Million | Dkr-10.60 Million | -0.293x | -100.45% |
| 2021-12-31 | Dkr41.68 Million | Dkr-6.09 Million | -0.146x | +47.71% |
| 2020-12-31 | Dkr16.86 Million | Dkr-4.71 Million | -0.280x | -184.09% |
| 2019-12-31 | Dkr30.31 Million | Dkr-2.98 Million | -0.098x | -- |