Heeros Oyj (HEEROS) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Heeros Oyj (HEEROS) has a cash flow conversion efficiency ratio of 0.475x as of December 2024. 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 (€3.75 Million ≈ $4.39 Million USD) by net assets (€7.90 Million ≈ $9.24 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 Heeros Oyj (HEEROS) net asset quality to measure how much of total assets are equity-financed.
Heeros Oyj - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Heeros Oyj's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check HEEROS cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Heeros Oyj Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Heeros Oyj ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Taiwan Benefit Co
TWO:3379
|
-0.022x |
|
Yong Shun Chemical Co Ltd
TWO:4711
|
0.022x |
|
Monks Investment Trust PLC
LSE:MNKS
|
0.001x |
|
GigCapital7 Corp. Class A Ordinary Share
NASDAQ:GIG
|
0.000x |
|
EP Manufacturing Bhd
KLSE:7773
|
0.169x |
|
Fortune Bay Corp
V:FOR
|
-0.022x |
|
Ponni Sugars (Erode) Limited
NSE:PONNIERODE
|
0.037x |
|
Carmit
TA:CRMT
|
0.031x |
Annual Cash Flow Conversion Efficiency for Heeros Oyj (2013–2024)
The table below shows the annual cash flow conversion efficiency of Heeros Oyj from 2013 to 2024. For the full company profile with market capitalisation and key ratios, see Heeros Oyj market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €7.90 Million ≈ $9.24 Million |
€3.75 Million ≈ $4.39 Million |
0.475x | +71.85% |
| 2023-12-31 | €7.30 Million ≈ $8.53 Million |
€2.02 Million ≈ $2.36 Million |
0.276x | +13.62% |
| 2022-12-31 | €6.75 Million ≈ $7.89 Million |
€1.64 Million ≈ $1.92 Million |
0.243x | -58.21% |
| 2021-12-31 | €2.48 Million ≈ $2.90 Million |
€1.45 Million ≈ $1.69 Million |
0.582x | -33.13% |
| 2020-12-31 | €1.97 Million ≈ $2.30 Million |
€1.71 Million ≈ $2.00 Million |
0.870x | +304.95% |
| 2019-12-31 | €1.81 Million ≈ $2.11 Million |
€388.06K ≈ $453.68K |
0.215x | -10.06% |
| 2018-12-31 | €1.99 Million ≈ $2.33 Million |
€475.62K ≈ $556.05K |
0.239x | +485.00% |
| 2017-12-31 | €2.50 Million ≈ $2.92 Million |
€102.00K ≈ $119.25K |
0.041x | -13.03% |
| 2016-12-31 | €3.36 Million ≈ $3.93 Million |
€158.00K ≈ $184.72K |
0.047x | -79.55% |
| 2015-12-31 | €1.06 Million ≈ $1.24 Million |
€244.00K ≈ $285.26K |
0.230x | -66.87% |
| 2014-12-31 | €624.77K ≈ $730.43K |
€433.20K ≈ $506.46K |
0.693x | -31.07% |
| 2013-12-31 | €430.66K ≈ $503.49K |
€433.20K ≈ $506.46K |
1.006x | -- |
About Heeros Oyj
Heeros Oyj provides cloud-based financial management solutions. The company offers purchase and sales invoices; electronic archiving; Heeros PSA, a software that enables businesses to manage sales, projects, and finances; Heeros small business, a software that automates invoicing, quoting, approvals, billing hours, and expenses for sole proprietors and small businesses; mobile app for financial a… Read more