Carnegie Clean Energy Limited Cash Flow Conversion Efficiency
Carnegie Clean Energy Limited cash flow conversion efficiency. Based on the latest financial reports, Carnegie Clean Energy Limited (CNM1) has a cash flow conversion efficiency ratio of -0.024x as of June 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 (€-511.50K ≈ $-597.99K USD) by net assets (€21.22 Million ≈ $24.81 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Carnegie Clean Energy Limited (2017–2023)
Cash flow conversion efficiency of Carnegie Clean Energy Limited from 2017 to 2023. This chart illustrates how Carnegie Clean Energy Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Carnegie Clean Energy Limited stock quote for real-time trading data and today's change.
Carnegie Clean Energy Limited Cash Flow Conversion Ratio Explained
Carnegie Clean Energy Limited cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Carnegie Clean Energy Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Carnegie Clean Energy Limited ranked by their cash flow conversion efficiency. Also see market cap of Carnegie Clean Energy Limited for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Mountain Crest Acquisition Corp V
NASDAQ:MCAG
|
0.027x |
|
YOUNGHWA TECH Co. Ltd
KQ:265560
|
0.063x |
|
Medicamen Biotech Limited
NSE:MEDICAMEQ
|
-0.045x |
|
Sprint Bioscience AB
ST:SPRINT
|
-0.182x |
|
Insung Information Co. Ltd
KQ:033230
|
-0.098x |
|
PanGen Biotech Inc
KQ:222110
|
-0.122x |
|
Appasia Bhd
KLSE:0119
|
-0.022x |
|
Ryde Group Ltd.
NYSE MKT:RYDE
|
-0.467x |
Annual Cash Flow Conversion Efficiency for Carnegie Clean Energy Limited (2017–2023)
The table below shows the annual cash flow conversion efficiency of Carnegie Clean Energy Limited from 2017 to 2023. Review cash generation quality of Carnegie Clean Energy Limited to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-06-30 | €21.22 Million ≈ $24.81 Million |
€-1.72 Million ≈ $-2.01 Million |
-0.081x | -274.66% |
| 2022-06-30 | €20.73 Million ≈ $24.24 Million |
€960.54K ≈ $1.12 Million |
0.046x | +495.25% |
| 2021-06-30 | €21.45 Million ≈ $25.07 Million |
€166.91K ≈ $195.14K |
0.008x | +109.76% |
| 2020-06-30 | €17.86 Million ≈ $20.88 Million |
€-1.42 Million ≈ $-1.67 Million |
-0.080x | +82.91% |
| 2019-06-30 | €9.39 Million ≈ $10.98 Million |
€-4.38 Million ≈ $-5.12 Million |
-0.467x | -297.26% |
| 2018-06-30 | €61.23 Million ≈ $71.58 Million |
€-7.19 Million ≈ $-8.41 Million |
-0.118x | -45.13% |
| 2017-06-30 | €112.93 Million ≈ $132.02 Million |
€-9.14 Million ≈ $-10.69 Million |
-0.081x | -- |
About Carnegie Clean Energy Limited
Carnegie Clean Energy Limited engages in the development of the CETO Wave Energy Technology, a submerged point absorber type wave energy converter which converts ocean waves into zero-emission electricity internationally. The company was formerly known as Carnegie Wave Energy Limited and changed its name to Carnegie Clean Energy Limited in December 2016. Carnegie Clean Energy Limited was incorpor… Read more