Skjern Bank A/S
Skjern Bank A/S provides various banking products and services to private and corporate customers in Denmark. The company offers savings, currency, share savings, and retirement savings accounts; term deposits; mortgage/home, cooperative housing, home construction/renovation/extension, business, and car loans; loans for electric cars, energy optimization, and renewable energy; debit and credit ca… Read more
Skjern Bank A/S (SKJE) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2023: 0.009x
Based on the latest financial reports, Skjern Bank A/S (SKJE) has a cash flow conversion efficiency ratio of 0.009x 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 (Dkr14.27 Million) by net assets (Dkr1.59 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Skjern Bank A/S - Cash Flow Conversion Efficiency Trend (2019–2023)
This chart illustrates how Skjern Bank A/S's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Skjern Bank A/S Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Skjern Bank A/S ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Mia Teknoloji AS
IS:MIATK
|
0.025x |
|
LiaonWellhope Agri-Tech Co Ltd
SHG:603609
|
0.052x |
|
Anhui Higasket Plastics Co.Ltd.
SHG:603150
|
N/A |
|
BLS International Services Limited
NSE:BLS
|
0.211x |
|
BR Advisory Partners
SA:BRBI11
|
-0.542x |
|
WILLIS LEASE FIN. DL-01
F:WIJ
|
N/A |
|
Zhejiang Youpon Integrated Ceiling Co Ltd
SHE:002718
|
0.089x |
|
Shandong Ruifeng Chemical Co Ltd
SHE:300243
|
-0.006x |
Annual Cash Flow Conversion Efficiency for Skjern Bank A/S (2019–2023)
The table below shows the annual cash flow conversion efficiency of Skjern Bank A/S from 2019 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | Dkr1.59 Billion | Dkr30.67 Million | 0.019x | +99.09% |
| 2022-12-31 | Dkr1.36 Billion | Dkr13.24 Million | 0.010x | -17.47% |
| 2021-12-31 | Dkr1.25 Billion | Dkr14.67 Million | 0.012x | +25.49% |
| 2020-12-31 | Dkr1.11 Billion | Dkr10.39 Million | 0.009x | +70.61% |
| 2019-12-31 | Dkr1.03 Billion | Dkr5.64 Million | 0.005x | -- |