THERMO FISHER SCIEN - Dusseldorf Stock Exchang
THERMO FISHER SCIEN - Dusseldorf Stock Exchang operates in Diversified Metals & Mining.
THERMO FISHER SCIEN - Dusseldorf Stock Exchang (TN8) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 0.044x
Based on the latest financial reports, THERMO FISHER SCIEN - Dusseldorf Stock Exchang (TN8) has a cash flow conversion efficiency ratio of 0.044x 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 (€2.17 Billion) by net assets (€49.10 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
THERMO FISHER SCIEN - Dusseldorf Stock Exchang - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how THERMO FISHER SCIEN - 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.
THERMO FISHER SCIEN - Dusseldorf Stock Exchang Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of THERMO FISHER SCIEN - Dusseldorf Stock Exchang ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
J2 Metals Inc.
V:JTWO
|
N/A |
|
SSR Inc
KQ:275630
|
0.006x |
|
Allied Electronics Corporation Ltd
JSE:AEL
|
0.163x |
|
EL. D. Mouzakis S.A
AT:MOYZK
|
0.002x |
|
Polwax SA
WAR:PWX
|
-0.320x |
|
Norditek Group AB
ST:NOTEK
|
-0.128x |
|
Tertiary Minerals plc
PINK:TTIRF
|
-0.295x |
|
Reach Resources Ltd
AU:RR1
|
0.019x |
Annual Cash Flow Conversion Efficiency for THERMO FISHER SCIEN - Dusseldorf Stock Exchang (2016–2023)
The table below shows the annual cash flow conversion efficiency of THERMO FISHER SCIEN - Dusseldorf Stock Exchang from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €46.84 Billion | €8.41 Billion | 0.179x | -13.45% |
| 2022-12-31 | €44.15 Billion | €9.15 Billion | 0.207x | -8.76% |
| 2021-12-31 | €40.98 Billion | €9.31 Billion | 0.227x | -5.37% |
| 2020-12-31 | €34.52 Billion | €8.29 Billion | 0.240x | +43.30% |
| 2019-12-31 | €29.68 Billion | €4.97 Billion | 0.168x | +1.76% |
| 2018-12-31 | €27.59 Billion | €4.54 Billion | 0.165x | +4.50% |
| 2017-12-31 | €25.41 Billion | €4.00 Billion | 0.158x | +7.55% |
| 2016-12-31 | €21.54 Billion | €3.16 Billion | 0.147x | -- |