NOVOZYMES -B- - Dusseldorf Stock Exchang
NOVOZYMES -B- - Dusseldorf Stock Exchang operates in Diversified Metals & Mining.
NOVOZYMES -B- - Dusseldorf Stock Exchang (NZM2) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2023: 0.078x
Based on the latest financial reports, NOVOZYMES -B- - Dusseldorf Stock Exchang (NZM2) has a cash flow conversion efficiency ratio of 0.078x 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 (€1.12 Billion) by net assets (€14.35 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
NOVOZYMES -B- - Dusseldorf Stock Exchang - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how NOVOZYMES -B- - 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.
NOVOZYMES -B- - Dusseldorf Stock Exchang Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of NOVOZYMES -B- - Dusseldorf Stock Exchang ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Diadrom Holding AB
ST:DIAH
|
0.021x |
|
Health and Plant Protein Group Ltd
AU:HPP
|
-0.067x |
|
Nanocap Group AB Series B
ST:NANOC-B
|
N/A |
|
Agrogalaxy Participacoes SA
SA:AGXY3
|
-0.339x |
|
The Berkeley Group Holdings plc
LSE:BKG
|
0.041x |
|
WisdomTree U.S. Short-Term Corporate Bond Fund
BATS:QHY
|
N/A |
|
Winchester Energy Limited
PINK:WCHEF
|
-0.019x |
|
BIOERA SPA
F:B2A
|
N/A |
Annual Cash Flow Conversion Efficiency for NOVOZYMES -B- - Dusseldorf Stock Exchang (2016–2023)
The table below shows the annual cash flow conversion efficiency of NOVOZYMES -B- - Dusseldorf Stock Exchang from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €14.35 Billion | €4.15 Billion | 0.289x | +2.76% |
| 2022-12-31 | €14.23 Billion | €4.01 Billion | 0.282x | -15.39% |
| 2021-12-31 | €12.21 Billion | €4.06 Billion | 0.333x | -14.08% |
| 2020-12-31 | €11.24 Billion | €4.36 Billion | 0.387x | +39.12% |
| 2019-12-31 | €11.48 Billion | €3.20 Billion | 0.278x | -13.45% |
| 2018-12-31 | €11.44 Billion | €3.68 Billion | 0.322x | -10.80% |
| 2017-12-31 | €11.27 Billion | €4.06 Billion | 0.361x | +10.30% |
| 2016-12-31 | €11.74 Billion | €3.84 Billion | 0.327x | -- |