Veganz Group AG Cash Flow Conversion Efficiency
Veganz Group AG 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.
Cash Flow Conversion Efficiency of Veganz Group AG (2020–2024)
Cash flow conversion efficiency of Veganz Group AG from 2020 to 2024. This chart illustrates how Veganz Group AG's cash flow conversion efficiency has evolved over time, based on yearly financial data. View VEZ live share price for real-time trading data and today's change.
Veganz Group AG Cash Flow Conversion Ratio Explained
Veganz Group AG 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.
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. Also see market value of Veganz Group AG for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Superior Mining International Corp
V:SUI
|
0.011x |
|
Mobile-health Network Solutions Class A Ordinary Shares
NASDAQ:MNDR
|
-0.508x |
|
Real Messenger Corporation Ordinary Shares
NASDAQ:RMSG
|
-0.084x |
|
Ovoca Gold PLC
IR:OVXA
|
-0.136x |
|
Magnum Goldcorp Inc
V:MGI
|
0.167x |
|
Blockchaink2 Corp
V:BITK
|
0.129x |
|
Topps Tiles PLC
LSE:TPT
|
2.160x |
|
GACM Technologies Limited
NSE:GATECHDVR
|
N/A |
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. Review VEZ financial flexibility score to assess the company's free cash flow relative to its total liabilities.
| 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