NOKIAN TYRES - Dusseldorf Stock Exchang
NOKIAN TYRES - Dusseldorf Stock Exchang operates in Diversified Metals & Mining.
NOKIAN TYRES - Dusseldorf Stock Exchang (NRE) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: -0.074x
Based on the latest financial reports, NOKIAN TYRES - Dusseldorf Stock Exchang (NRE) has a cash flow conversion efficiency ratio of -0.074x as of September 2024.
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 (€-92.20 Million) by net assets (€1.25 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
NOKIAN TYRES - Dusseldorf Stock Exchang - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how NOKIAN TYRES - Dusseldorf Stock Exchang's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
NOKIAN TYRES - Dusseldorf Stock Exchang Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of NOKIAN TYRES - Dusseldorf Stock Exchang ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
IRBR3F
SA:IRBR3F
|
N/A |
|
Peab AB
STU:PEKB
|
0.166x |
|
Quantumsphere Acquisition Corporation
NASDAQ:QUMS
|
N/A |
|
BVEG39
SA:BVEG39
|
N/A |
|
Owl Rock Capital Corporation
F:1D6
|
-0.121x |
|
Almeda Ventures Limited Partnership
TA:AMDA
|
-0.013x |
|
CHIBA BANK
BE:CBR
|
N/A |
|
Fundo De Investimento Imobiliario Ourinvest Re I
SA:WTSP11
|
N/A |
Annual Cash Flow Conversion Efficiency for NOKIAN TYRES - Dusseldorf Stock Exchang (2016–2023)
The table below shows the annual cash flow conversion efficiency of NOKIAN TYRES - Dusseldorf Stock Exchang from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €1.35 Billion | €82.40 Million | 0.061x | +2137.86% |
| 2022-12-31 | €1.43 Billion | €-4.30 Million | -0.003x | -101.23% |
| 2021-12-31 | €1.63 Billion | €396.50 Million | 0.244x | -12.26% |
| 2020-12-31 | €1.52 Billion | €422.40 Million | 0.278x | +123.55% |
| 2019-12-31 | €1.77 Billion | €219.80 Million | 0.124x | -65.62% |
| 2018-12-31 | €1.49 Billion | €536.90 Million | 0.361x | +126.61% |
| 2017-12-31 | €1.47 Billion | €234.10 Million | 0.159x | -36.19% |
| 2016-12-31 | €1.46 Billion | €364.40 Million | 0.250x | -- |