Gofore Oyj (GOFORE) - 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. See Gofore Oyj (GOFORE) liquidity interval to measure how many days the company can operate on defensive assets alone.
Gofore Oyj - Cash Flow Conversion Efficiency Trend (2014–2024)
This chart illustrates how Gofore Oyj's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Gofore Oyj Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Gofore Oyj ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Husteel
KO:005010
|
-0.039x |
|
Hemisphere Energy Corporation
V:HME
|
0.193x |
|
Real Asset Acquisition Corp.
NASDAQ:RAAQ
|
-0.001x |
|
S-ENJOY SERVICE GR.DL-01
F:78E
|
N/A |
|
Taita Chemical Co Ltd
TW:1309
|
0.038x |
|
Sai Gon Cargo Service Corp
VN:SCS
|
0.088x |
|
Repro Med Systems Inc
NASDAQ:KRMD
|
0.001x |
|
Biomm S.A
SA:BIOM3
|
-0.164x |
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. For the full company profile with market capitalisation and key ratios, see GOFORE market cap.
| 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.