Zealand Pharma A/S (ZEAL) - Cash Flow Conversion Efficiency

Latest as of December 2025: -0.070x

Based on the latest financial reports, Zealand Pharma A/S (ZEAL) has a cash flow conversion efficiency ratio of -0.070x as of December 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 (Dkr-1.04 Billion ≈ $-163.16 Million USD) by net assets (Dkr14.83 Billion ≈ $2.32 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Zealand Pharma A/S (ZEAL) net asset quality to measure how much of total assets are equity-financed.

Zealand Pharma A/S - Cash Flow Conversion Efficiency Trend (2007–2025)

This chart illustrates how Zealand Pharma A/S's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Zealand Pharma A/S cash earnings quality to evaluate the quality of earnings relative to operating cash generation.

Zealand Pharma A/S Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Zealand Pharma A/S ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Advance Auto Parts Inc NYSE:AAP	-0.009x
Viking Therapeutics Inc NASDAQ:VKTX	-0.133x
Jiangsu Yangnong Chemical Co Ltd SHG:600486	0.034x
Highwoods Properties Inc NYSE:HIW	0.024x
Marriot Vacations Worldwide NYSE:VAC	-0.002x
AllianceBernstein Holding L.P. NYSE:AB	0.061x
Avista Corporation NYSE:AVA	0.064x
National Storage Affiliates Trust NYSE:NSA	0.063x

Annual Cash Flow Conversion Efficiency for Zealand Pharma A/S (2007–2025)

The table below shows the annual cash flow conversion efficiency of Zealand Pharma A/S from 2007 to 2025. For the full company profile with market capitalisation and key ratios, see ZEAL market cap overview.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	Dkr14.83 Billion ≈ $2.32 Billion	Dkr6.53 Billion ≈ $1.02 Billion	0.440x	+507.72%
2024-12-31	Dkr8.62 Billion ≈ $1.35 Billion	Dkr-930.82 Million ≈ $-145.63 Million	-0.108x	+59.58%
2023-12-31	Dkr1.59 Billion ≈ $249.21 Million	Dkr-425.67 Million ≈ $-66.60 Million	-0.267x	+76.86%
2022-12-31	Dkr815.91 Million ≈ $127.66 Million	Dkr-942.21 Million ≈ $-147.42 Million	-1.155x	+11.60%
2021-12-31	Dkr927.80 Million ≈ $145.16 Million	Dkr-1.21 Billion ≈ $-189.62 Million	-1.306x	-123.26%
2020-12-31	Dkr1.18 Billion ≈ $184.16 Million	Dkr-688.72 Million ≈ $-107.75 Million	-0.585x	-77.57%
2019-12-31	Dkr1.24 Billion ≈ $194.43 Million	Dkr-409.45 Million ≈ $-64.06 Million	-0.329x	+20.11%
2018-12-31	Dkr1.12 Billion ≈ $174.65 Million	Dkr-460.40 Million ≈ $-72.03 Million	-0.412x	+21.81%
2017-12-31	Dkr528.47 Million ≈ $82.68 Million	Dkr-278.75 Million ≈ $-43.61 Million	-0.527x	-458.73%
2016-12-31	Dkr278.19 Million ≈ $43.53 Million	Dkr40.90 Million ≈ $6.40 Million	0.147x	+116.45%
2015-12-31	Dkr252.23 Million ≈ $39.46 Million	Dkr-225.41 Million ≈ $-35.27 Million	-0.894x	-435.63%
2014-12-31	Dkr252.83 Million ≈ $39.56 Million	Dkr-42.18 Million ≈ $-6.60 Million	-0.167x	+68.90%
2013-12-31	Dkr316.14 Million ≈ $49.46 Million	Dkr-169.62 Million ≈ $-26.54 Million	-0.537x	-484.38%
2012-12-31	Dkr491.01 Million ≈ $76.82 Million	Dkr68.54 Million ≈ $10.72 Million	0.140x	+3511.47%
2011-12-31	Dkr441.40 Million ≈ $69.06 Million	Dkr-1.81 Million ≈ $-282.56K	-0.004x	+97.02%
2010-12-31	Dkr407.11 Million ≈ $63.70 Million	Dkr-55.98 Million ≈ $-8.76 Million	-0.138x	+70.26%
2009-12-31	Dkr132.92 Million ≈ $20.80 Million	Dkr-61.45 Million ≈ $-9.61 Million	-0.462x	-237.00%
2008-12-31	Dkr208.63 Million ≈ $32.64 Million	Dkr-28.62 Million ≈ $-4.48 Million	-0.137x	+42.25%
2007-12-31	Dkr242.37 Million ≈ $37.92 Million	Dkr-57.57 Million ≈ $-9.01 Million	-0.238x	--

About Zealand Pharma A/S

CO:ZEAL Denmark Biotechnology

Market Cap

$3.35 Billion

Dkr21.41 Billion DKK

Market Cap Rank

#4531 Global

#29 in Denmark

Share Price

Dkr304.00

Change (1 day)

-0.30%

52-Week Range

Dkr234.90 - Dkr545.80

All Time High

Dkr954.00