TROPHY GAMES Development AS (TGAMES) - Cash Flow Conversion Efficiency
Based on the latest financial reports, TROPHY GAMES Development AS (TGAMES) has a cash flow conversion efficiency ratio of 0.145x as of June 2025. 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 (Dkr8.49 Million ≈ $1.33 Million USD) by net assets (Dkr58.49 Million ≈ $9.15 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 TGAMES net asset quality index to measure how much of total assets are equity-financed.
TROPHY GAMES Development AS - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how TROPHY GAMES Development AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check TROPHY GAMES Development AS cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
TROPHY GAMES Development AS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of TROPHY GAMES Development AS ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Cassava Sciences Inc
NASDAQ:SAVA
|
-0.130x |
|
Mofast AB
ST:MOFAST
|
0.005x |
|
Bridgford Foods Corporation
NASDAQ:BRID
|
-0.055x |
|
Mercury Securities Group Berhad
KLSE:0285
|
0.012x |
|
Global Self Storage Inc
NASDAQ:SELF
|
0.021x |
|
Amiad Water Systems Ltd
TA:AMD
|
0.017x |
|
Hantop Inc
KQ:002680
|
0.055x |
|
New Hoong Fatt Holdings Bhd
KLSE:7060
|
0.088x |
Annual Cash Flow Conversion Efficiency for TROPHY GAMES Development AS (2017–2024)
The table below shows the annual cash flow conversion efficiency of TROPHY GAMES Development AS from 2017 to 2024. For the full company profile with market capitalisation and key ratios, see TGAMES company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Dkr58.80 Million ≈ $9.20 Million |
Dkr19.26 Million ≈ $3.01 Million |
0.327x | +52.61% |
| 2023-12-31 | Dkr52.39 Million ≈ $8.20 Million |
Dkr11.24 Million ≈ $1.76 Million |
0.215x | +198.72% |
| 2022-12-31 | Dkr51.87 Million ≈ $8.12 Million |
Dkr3.73 Million ≈ $582.96K |
0.072x | +149.05% |
| 2021-12-31 | Dkr64.35 Million ≈ $10.07 Million |
Dkr1.86 Million ≈ $290.38K |
0.029x | -95.80% |
| 2020-12-31 | Dkr9.48 Million ≈ $1.48 Million |
Dkr6.51 Million ≈ $1.02 Million |
0.686x | +17.63% |
| 2019-12-31 | Dkr5.86 Million ≈ $916.68K |
Dkr3.42 Million ≈ $534.77K |
0.583x | -55.62% |
| 2018-12-31 | Dkr2.60 Million ≈ $406.83K |
Dkr3.42 Million ≈ $534.77K |
1.314x | -60.25% |
| 2017-12-31 | Dkr1.03 Million ≈ $161.72K |
Dkr3.42 Million ≈ $534.77K |
3.307x | -- |
About TROPHY GAMES Development AS
TROPHY GAMES Development A/S engages in the developing, manufacturing, publishing, and selling of online games for computers, tablet, mobiles, and related products in Denmark. It primarily focuses on football management games. The company was incorporated in 2006 and is based in Copenhagen, Denmark.