Skjern Bank A/S (SKJE) - Cash Flow Conversion Efficiency

Latest 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 ≈ $2.23 Million USD) by net assets (Dkr1.59 Billion ≈ $248.15 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see Skjern Bank A/S (SKJE) market capitalisation for the company's overall valuation and market capitalisation.

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.

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. Explore SKJE cash flow quality index to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Huali Industries SHG:603038	-0.005x
Drugs Made In America Acquisition II Corp. Ordinary Shares NASDAQ:DMII	0.000x
Qingdao Weflo Valve Co Ltd SHE:002871	0.050x
Lindian Resources Ltd AU:LIN	-0.046x
Nova Technology TWO:6613	-0.028x
Stratasys Ltd NASDAQ:SSYS	0.006x
Canny Elevator Co Ltd SHE:002367	0.059x
Zhongyeda Electric Co Ltd SHE:002441	-0.038x

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. View Skjern Bank A/S (SKJE) stock price for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2023-12-31	Dkr1.59 Billion ≈ $248.15 Million	Dkr30.67 Million ≈ $4.80 Million	0.019x	+99.09%
2022-12-31	Dkr1.36 Billion ≈ $213.31 Million	Dkr13.24 Million ≈ $2.07 Million	0.010x	-17.47%
2021-12-31	Dkr1.25 Billion ≈ $195.11 Million	Dkr14.67 Million ≈ $2.30 Million	0.012x	+25.49%
2020-12-31	Dkr1.11 Billion ≈ $173.36 Million	Dkr10.39 Million ≈ $1.63 Million	0.009x	+70.61%
2019-12-31	Dkr1.03 Billion ≈ $160.61 Million	Dkr5.64 Million ≈ $882.73K	0.005x	--

About Skjern Bank A/S

CO:SKJE Denmark Banks - Regional

Market Cap

$647.11 Million

Dkr4.14 Billion DKK

Market Cap Rank

#10994 Global

#53 in Denmark

Share Price

Dkr437.50

Change (1 day)

+3.67%

52-Week Range

Dkr229.00 - Dkr437.50

All Time High

Dkr437.50