FORIS AG
FORIS AG provides legal financial services in Germany. It offers commercial litigation funding services and monetization of disputed claims; trades in shelf companies support services for companies in England, and several other legal-related services; including corporate services, such as data maintenance in transparency register. FORIS AG was incorporated in 1996 and is based in Bonn, Germany.
FORIS AG (FRS) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: -0.111x
Based on the latest financial reports, FORIS AG (FRS) has a cash flow conversion efficiency ratio of -0.111x 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 (€-1.67 Million) by net assets (€15.01 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
FORIS AG - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how FORIS AG's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
FORIS AG Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of FORIS AG ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
EAST STAR RES.PLC LS-01
F:5MM
|
N/A |
|
Artha Optimum A/S
CO:ARAOPT
|
N/A |
|
Cosmos Health Inc.
NASDAQ:COSM
|
-0.172x |
|
Taiwan Advanced Nanotech Inc.
TWO:6797
|
-0.021x |
|
NFL Biosciences SAS
PA:ALNFL
|
0.032x |
|
Siam Brothers Vietnam JSC
VN:SBV
|
N/A |
|
The Glimpse Group, Inc.
NASDAQ:GGRP
|
-0.048x |
|
Glimpse Group Inc
NASDAQ:VRAR
|
-0.080x |
Annual Cash Flow Conversion Efficiency for FORIS AG (2013–2024)
The table below shows the annual cash flow conversion efficiency of FORIS AG from 2013 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €18.05 Million | €7.24 Million | 0.401x | +428.30% |
| 2023-12-31 | €15.22 Million | €-1.86 Million | -0.122x | +12.78% |
| 2022-12-31 | €14.13 Million | €-1.98 Million | -0.140x | +19.08% |
| 2021-12-31 | €13.98 Million | €-2.42 Million | -0.173x | -77.49% |
| 2020-12-31 | €15.76 Million | €-1.54 Million | -0.097x | -1459.65% |
| 2019-12-31 | €17.64 Million | €126.41K | 0.007x | -95.46% |
| 2018-12-31 | €16.71 Million | €2.63 Million | 0.158x | +99.56% |
| 2017-12-31 | €19.71 Million | €1.56 Million | 0.079x | +279.37% |
| 2016-12-31 | €19.65 Million | €-865.59K | -0.044x | -150.35% |
| 2015-12-31 | €19.72 Million | €1.73 Million | 0.087x | -37.54% |
| 2014-12-31 | €19.29 Million | €2.70 Million | 0.140x | -25.96% |
| 2013-12-31 | €19.28 Million | €3.65 Million | 0.189x | -- |