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 (SKJE) defensive interval to measure how many days the company can operate on defensive assets alone.

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.

Company	Cash Flow Conversion Efficiency
Greaves Cotton Limited NSE:GREAVESCOT	-0.052x
Bumi Armada Bhd KLSE:5210	0.033x
MBM Resources Bhd KLSE:5983	0.008x
Eagle Point Credit Company Inc. NYSE:ECC	0.031x
SuZhou ChunXing Precision Mechanical Co Ltd SHE:002547	0.021x
Wild Bunch AG F:WBAH	-0.008x
Bowman Consulting Group Ltd NASDAQ:BWMN	0.036x
Jereissati Participações S.A. SA:IGTI3	0.034x

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 how much is Skjern Bank A/S worth.

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

$483.67 Million

Dkr3.09 Billion DKK

Market Cap Rank

#12581 Global

#56 in Denmark

Share Price

Dkr327.00

Change (1 day)

-0.30%

52-Week Range

Dkr203.00 - Dkr328.00

All Time High

Dkr328.00