Skjern Bank A/S Cash Flow Conversion Efficiency

Latest as of December 2023: 0.009x

Skjern Bank A/S cash flow conversion efficiency. 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.

Cash Flow Conversion Efficiency of Skjern Bank A/S (2019–2023)

Cash flow conversion efficiency of Skjern Bank A/S from 2019 to 2023. This chart illustrates how Skjern Bank A/S's cash flow conversion efficiency has evolved over time, based on yearly financial data. View SKJE stock price for real-time trading data and today's change.

Skjern Bank A/S Cash Flow Conversion Ratio Explained

Skjern Bank A/S cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Also see market cap of Skjern Bank A/S for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
VGI Public Company Limited BK:VGI	0.002x
M Grass Ecology and Environment Group Co Ltd SHE:300355	0.123x
Anshan Hifichem Co Ltd SHE:300758	0.020x
Chengdu M&S Electronics Technology Co Ltd SHG:688311	-0.001x
Sumber Global Energy Tbk Pt JK:SGER	0.029x
Aeva Technologies, Inc. Common Stock NASDAQ:AEVA	2.083x
uPI Semiconductor Corp TW:6719	0.020x
NORVA24 GROUP AB (PUBL.) F:WG0	N/A

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. Review how much free cash does Skjern Bank A/S generate to assess how much free cash flow the company generates relative to operating cash flow.

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

$598.30 Million

Dkr3.82 Billion DKK

Market Cap Rank

#11020 Global

#53 in Denmark

Share Price

Dkr404.50

Change (1 day)

+1.63%

52-Week Range

Dkr235.50 - Dkr446.50

All Time High

Dkr446.50