National Tyre & Wheel Limited Cash Flow Conversion Efficiency
National Tyre & Wheel Limited cash flow conversion efficiency. Based on the latest financial reports, National Tyre & Wheel Limited (N37) 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 (€12.81 Million ≈ $14.97 Million USD) by net assets (€115.34 Million ≈ $134.84 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 National Tyre & Wheel Limited (2017–2023)
Cash flow conversion efficiency of National Tyre & Wheel Limited from 2017 to 2023. This chart illustrates how National Tyre & Wheel Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. View National Tyre & Wheel Limited (N37) share price today for real-time trading data and today's change.
National Tyre & Wheel Limited Cash Flow Conversion Ratio Explained
National Tyre & Wheel 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.
National Tyre & Wheel Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of National Tyre & Wheel Limited ranked by their cash flow conversion efficiency. Also see N37 market cap for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Brightline Interactive, Inc.
NASDAQ:BTLN
|
-0.534x |
|
TURA GROUP AB
F:8WO
|
0.027x |
|
AGMO
KLSE:0258
|
0.001x |
|
Roctool
PA:ALROC
|
0.523x |
|
NWP Holdings Bhd
KLSE:5025
|
-0.014x |
|
BayWa Aktiengesellschaft
F:BYW
|
-0.099x |
|
2020 Bulkers Ltd
OL:2020
|
0.082x |
|
Allied Industrial Ltd
TWO:4702
|
-0.006x |
Annual Cash Flow Conversion Efficiency for National Tyre & Wheel Limited (2017–2023)
The table below shows the annual cash flow conversion efficiency of National Tyre & Wheel Limited from 2017 to 2023. Review National Tyre & Wheel Limited free cash flow ratio 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 | €115.34 Million ≈ $134.84 Million |
€24.17 Million ≈ $28.26 Million |
0.210x | +99.12% |
| 2022-06-30 | €112.47 Million ≈ $131.48 Million |
€11.84 Million ≈ $13.84 Million |
0.105x | -57.37% |
| 2021-06-30 | €91.81 Million ≈ $107.34 Million |
€22.67 Million ≈ $26.50 Million |
0.247x | +9.49% |
| 2020-06-30 | €68.84 Million ≈ $80.49 Million |
€15.52 Million ≈ $18.15 Million |
0.225x | +291.25% |
| 2019-06-30 | €70.74 Million ≈ $82.71 Million |
€4.08 Million ≈ $4.77 Million |
0.058x | -56.84% |
| 2018-06-30 | €66.66 Million ≈ $77.94 Million |
€8.90 Million ≈ $10.41 Million |
0.134x | +18.67% |
| 2017-06-30 | €57.91 Million ≈ $67.71 Million |
€6.52 Million ≈ $7.62 Million |
0.113x | -- |
About National Tyre & Wheel Limited
NTAW Holdings Limited, together with its subsidiaries, markets and distributes motor vehicle tires, wheels, tubes, and related products in Australia, New Zealand, and South Africa. It offers truck and bus tires; 4WD, SUV, and light truck tires; agricultural, off-the-road, and construction vehicles tires; 4WD wheels; wheel and tire management solutions for industrial vehicles and forklifts; origin… Read more