Gofore Oyj Cash Flow Conversion Efficiency
Gofore Oyj cash flow conversion efficiency. Based on the latest financial reports, Gofore Oyj (GOFORE) has a cash flow conversion efficiency ratio of -0.013x as of September 2025. 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 (€-1.37 Million ≈ $-1.60 Million USD) by net assets (€104.35 Million ≈ $121.99 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 Gofore Oyj (2014–2024)
Cash flow conversion efficiency of Gofore Oyj from 2014 to 2024. This chart illustrates how Gofore Oyj's cash flow conversion efficiency has evolved over time, based on yearly financial data. View GOFORE stock price and chart for real-time trading data and today's change.
Gofore Oyj Cash Flow Conversion Ratio Explained
Gofore Oyj 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.
Gofore Oyj Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Gofore Oyj ranked by their cash flow conversion efficiency. Also see Gofore Oyj stock valuation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
P2 Gold Inc
V:PGLD
|
-0.511x |
|
VAA Vista Alegre Atlantis SGPS SA
LS:VAF
|
0.061x |
|
Spurcorp
JSE:SUR
|
0.174x |
|
ICP DAS Co Ltd
TWO:3577
|
-0.003x |
|
Hong Pu Real Estate Development Co Ltd
TW:2536
|
0.100x |
|
Asia Paper
KO:002310
|
0.030x |
|
Expensify Inc
NASDAQ:EXFY
|
0.063x |
|
Yuan Jen Enterprises Co Ltd
TW:1725
|
-0.002x |
Annual Cash Flow Conversion Efficiency for Gofore Oyj (2014–2024)
The table below shows the annual cash flow conversion efficiency of Gofore Oyj from 2014 to 2024. Review cash generation quality of Gofore Oyj 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 |
|---|---|---|---|---|
| 2024-12-31 | €105.73 Million ≈ $123.61 Million |
€37.09 Million ≈ $43.36 Million |
0.351x | +71.12% |
| 2023-12-31 | €93.50 Million ≈ $109.31 Million |
€19.17 Million ≈ $22.41 Million |
0.205x | -24.79% |
| 2022-12-31 | €79.76 Million ≈ $93.25 Million |
€21.74 Million ≈ $25.42 Million |
0.273x | +17.79% |
| 2021-12-31 | €61.31 Million ≈ $71.68 Million |
€14.19 Million ≈ $16.59 Million |
0.231x | -6.76% |
| 2020-12-31 | €36.08 Million ≈ $42.18 Million |
€8.96 Million ≈ $10.47 Million |
0.248x | -26.68% |
| 2019-12-31 | €31.45 Million ≈ $36.77 Million |
€10.65 Million ≈ $12.45 Million |
0.338x | -4.99% |
| 2018-12-31 | €22.01 Million ≈ $25.73 Million |
€7.84 Million ≈ $9.17 Million |
0.356x | +922.49% |
| 2017-12-31 | €17.81 Million ≈ $20.82 Million |
€620.54K ≈ $725.47K |
0.035x | -93.30% |
| 2016-12-31 | €4.12 Million ≈ $4.82 Million |
€2.14 Million ≈ $2.50 Million |
0.520x | -1.86% |
| 2015-12-31 | €2.54 Million ≈ $2.97 Million |
€1.35 Million ≈ $1.57 Million |
0.530x | -18.93% |
| 2014-12-31 | €1.74 Million ≈ $2.03 Million |
€1.14 Million ≈ $1.33 Million |
0.653x | -- |
About Gofore Oyj
Gofore Oyj provides digital transformation consultancy services for private and public sectors in Finland and internationally. It engages in the management of digital change, service design, and software development and testing; and provision of cloud services utilization consulting and cloud capacity services. The company was incorporated in 2001 and is headquartered in Tampere, Finland.