Veganz Group AG (VEZ) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Veganz Group AG (VEZ) has a cash flow conversion efficiency ratio of -0.083x 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 (€-982.00K ≈ $-1.15 Million USD) by net assets (€11.86 Million ≈ $13.86 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 Veganz Group AG's balance sheet to measure how much of total assets are equity-financed.
Veganz Group AG - Cash Flow Conversion Efficiency Trend (2020–2024)
This chart illustrates how Veganz Group AG's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore Veganz Group AG (VEZ) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Veganz Group AG Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Veganz Group AG ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Neurizer Ltd
AU:NRZ
|
-0.015x |
|
Performance One AG
F:PO1
|
N/A |
|
Oragenics Inc
NYSE MKT:OGEN
|
-0.356x |
|
Sherborne Investors Guernsey C Ltd
LSE:SIGC
|
-0.005x |
|
Erayak Power Solution Group Inc. Class A Ordinary Shares
NASDAQ:RAYA
|
-0.068x |
|
Lithium Energi Exploration Inc
V:LEXI
|
-1.507x |
|
49 North Resources Inc
V:FNR
|
-0.012x |
|
DecideAct A/S
CO:ACT
|
-1.946x |
Annual Cash Flow Conversion Efficiency for Veganz Group AG (2020–2024)
The table below shows the annual cash flow conversion efficiency of Veganz Group AG from 2020 to 2024. For the full company profile with market capitalisation and key ratios, see Veganz Group AG market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €1.69 Million ≈ $1.97 Million |
€-3.68 Million ≈ $-4.31 Million |
-2.182x | -275.29% |
| 2023-12-31 | €6.51 Million ≈ $7.61 Million |
€-3.79 Million ≈ $-4.43 Million |
-0.582x | +29.54% |
| 2022-12-31 | €15.99 Million ≈ $18.70 Million |
€-13.20 Million ≈ $-15.43 Million |
-0.825x | -68.64% |
| 2021-12-31 | €27.03 Million ≈ $31.60 Million |
€-13.23 Million ≈ $-15.46 Million |
-0.489x | -- |
| 2020-12-31 | €0.00 ≈ $0.00 |
€-2.98 Million ≈ $-3.49 Million |
x | -- |
About Veganz Group AG
Planethic Group AG provides vegan food products under the Veganz brand name in Germany, Austria, and Switzerland. It offers sweets, snacks, plant-based proteins, meat, fish, and cheese alternatives and eggs. The company's products include classic no added sugar, bliss balls nougat and peanut core, coconut original, roasted hazelnut, the mini biscuit, chocolate chip muffins, cream pastry, crispy n… Read more