ENEFIT GREEN AS (I6B) - Cash Flow Conversion Efficiency
Based on the latest financial reports, ENEFIT GREEN AS (I6B) has a cash flow conversion efficiency ratio of 0.056x as of March 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 (€42.02 Million ≈ $49.13 Million USD) by net assets (€748.53 Million ≈ $875.11 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
ENEFIT GREEN AS - Cash Flow Conversion Efficiency Trend (2019–2022)
This chart illustrates how ENEFIT GREEN AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read I6B liabilities breakdown for a breakdown of total debt and financial obligations.
ENEFIT GREEN AS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of ENEFIT GREEN AS ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Radius Recycling, Inc.
NASDAQ:RDUS
|
0.006x |
|
EnTie Commercial Bank Ltd
TW:2849
|
-0.001x |
|
Clinica Baviera
MC:CBAV
|
0.146x |
|
New Mountain Finance Corporation
NASDAQ:NMFC
|
0.018x |
|
Zhejiang Zhongcheng Packing Material Co Ltd
SHE:002522
|
0.020x |
|
Kvutzat Acro Ltd.
TA:ACRO
|
-0.030x |
|
Standard Motor Products Inc
NYSE:SMP
|
0.132x |
|
engcon AB Cl B
ST:ENGCON-B
|
0.063x |
Annual Cash Flow Conversion Efficiency for ENEFIT GREEN AS (2019–2022)
The table below shows the annual cash flow conversion efficiency of ENEFIT GREEN AS from 2019 to 2022. For the full company profile with market capitalisation and key ratios, see I6B company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | €718.73 Million ≈ $840.27 Million |
€126.70 Million ≈ $148.12 Million |
0.176x | -4.71% |
| 2021-12-31 | €633.61 Million ≈ $740.75 Million |
€117.21 Million ≈ $137.03 Million |
0.185x | -6.91% |
| 2020-12-31 | €509.55 Million ≈ $595.72 Million |
€101.25 Million ≈ $118.38 Million |
0.199x | +22.75% |
| 2019-12-31 | €460.99 Million ≈ $538.94 Million |
€74.63 Million ≈ $87.25 Million |
0.162x | -- |
About ENEFIT GREEN AS
Enefit Green AS engages in the production of renewable energy. It operates through Wind Energy, Cogeneration, Solar energy, and Other segments. The company produces electricity primarily from wind, solar, mixed municipal waste, and hydro. It operates in Estonia, Latvia, Lithuania, Poland, and Finland. The company was incorporated in 2005 and is headquartered in Tallinn, Estonia. Enefit Green AS o… Read more