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. See how leveraged is FORIS AG's balance sheet to measure how much of total assets are equity-financed.
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. Check FRS cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
EV Nickel Inc
V:EVNI
|
-0.177x |
|
Lexaria Bioscience Corp
NASDAQ:LEXX
|
-0.348x |
|
Scan Inter PCL
BK:SCN
|
0.030x |
|
Raptis Group Ltd
AU:RPG
|
0.037x |
|
PROSTAR HOLDINGS INC.
F:5D00
|
0.360x |
|
NBT Inc.
KQ:236810
|
-0.011x |
|
PC Direct Inc
KQ:051380
|
0.125x |
|
Golden Land Bhd
KLSE:7382
|
-0.035x |
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 cap 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.