FORIS AG (FRS) - Cash Flow Conversion Efficiency
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 ≈ $-1.95 Million USD) by net assets (€15.01 Million ≈ $17.54 Million USD). 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. Read FORIS AG balance sheet liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
HEC Infra Projects Limited
NSE:HECPROJECT
|
0.067x |
|
Scodix Ltd
TA:SCDX
|
-0.270x |
|
Silver Bull Resources Inc
TO:SVB
|
0.006x |
|
Raptis Group Ltd
AU:RPG
|
0.037x |
|
Pinnacle Food Group Limited Class A Common Shares
NASDAQ:PFAI
|
N/A |
|
Tungray Technologies Inc Class A Ordinary Shares
NASDAQ:TRSG
|
-0.044x |
|
Jaycorp Bhd
KLSE:7152
|
-0.020x |
|
ChowChow Cloud International Holdings Limited
NYSE MKT:CHOW
|
0.044x |
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. For the full company profile with market capitalisation and key ratios, see market value of FORIS AG.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €18.05 Million ≈ $21.11 Million |
€7.24 Million ≈ $8.46 Million |
0.401x | +428.30% |
| 2023-12-31 | €15.22 Million ≈ $17.80 Million |
€-1.86 Million ≈ $-2.17 Million |
-0.122x | +12.78% |
| 2022-12-31 | €14.13 Million ≈ $16.52 Million |
€-1.98 Million ≈ $-2.31 Million |
-0.140x | +19.08% |
| 2021-12-31 | €13.98 Million ≈ $16.35 Million |
€-2.42 Million ≈ $-2.83 Million |
-0.173x | -77.49% |
| 2020-12-31 | €15.76 Million ≈ $18.43 Million |
€-1.54 Million ≈ $-1.80 Million |
-0.097x | -1459.65% |
| 2019-12-31 | €17.64 Million ≈ $20.62 Million |
€126.41K ≈ $147.78K |
0.007x | -95.46% |
| 2018-12-31 | €16.71 Million ≈ $19.53 Million |
€2.63 Million ≈ $3.08 Million |
0.158x | +99.56% |
| 2017-12-31 | €19.71 Million ≈ $23.04 Million |
€1.56 Million ≈ $1.82 Million |
0.079x | +279.37% |
| 2016-12-31 | €19.65 Million ≈ $22.97 Million |
€-865.59K ≈ $-1.01 Million |
-0.044x | -150.35% |
| 2015-12-31 | €19.72 Million ≈ $23.06 Million |
€1.73 Million ≈ $2.02 Million |
0.087x | -37.54% |
| 2014-12-31 | €19.29 Million ≈ $22.55 Million |
€2.70 Million ≈ $3.16 Million |
0.140x | -25.96% |
| 2013-12-31 | €19.28 Million ≈ $22.54 Million |
€3.65 Million ≈ $4.26 Million |
0.189x | -- |
About 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.