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. See Skjern Bank A/S balance sheet quality to measure how much of total assets are equity-financed.

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. Check Skjern Bank A/S cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

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
Sella Real Estate TA:SLARL	0.021x
WCE Holdings Bhd KLSE:3565	0.000x
Zhejiang Damon Technology Co Ltd SHG:688360	0.105x
Energiekontor AG F:EKT	-0.007x
Yiwu Huading Nylon Co Ltd SHG:601113	0.006x
Ningxia Xinri Hengli Steel Wire Rope Co Ltd SHG:600165	1.156x
Zhejiang Narada Power Source SHE:300068	0.321x
Electra Real Estate Ltd TA:ELCRE	0.041x

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. For the full company profile with market capitalisation and key ratios, see SKJE market cap.

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

$550.97 Million

Dkr3.52 Billion DKK

Market Cap Rank

#11538 Global

#55 in Denmark

Share Price

Dkr372.50

Change (1 day)

+1.64%

52-Week Range

Dkr229.00 - Dkr372.50

All Time High

Dkr372.50