Spinnova Oy
Spinnova Oyj produces and sells natural fibre materials in Finland and internationally. The company produces Spinnova textile fibres, which is made from a range of raw materials, including wood to leather, textile, agricultural, food industry and beverage waste. Spinnova Oyj was incorporated in 2014 and is headquartered in Jyväskylä, Finland.
Spinnova Oy (SPINN) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2025: -0.081x
Based on the latest financial reports, Spinnova Oy (SPINN) has a cash flow conversion efficiency ratio of -0.081x as of June 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 (€-3.62 Million) by net assets (€44.82 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Spinnova Oy - Cash Flow Conversion Efficiency Trend (2018–2024)
This chart illustrates how Spinnova Oy's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Spinnova Oy Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Spinnova Oy ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Cirralto Limited
PINK:CROTF
|
-0.019x |
|
PT Salim Ivomas Pratama Tbk
STU:2IR
|
0.039x |
|
Ktop Reit
KO:145270
|
0.001x |
|
Hydrogen Freehold & Leasehold Real Estate Investment Trust
BK:HYDROGEN
|
0.031x |
|
Psychemedics Corporation
NASDAQ:PMD
|
0.048x |
|
GRITEE Inc
KQ:204020
|
0.154x |
|
Tartisan Nickel Corp
OTCQX:TTSRF
|
-0.007x |
|
MHC JSC
VN:MHC
|
N/A |
Annual Cash Flow Conversion Efficiency for Spinnova Oy (2018–2024)
The table below shows the annual cash flow conversion efficiency of Spinnova Oy from 2018 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €71.17 Million | €-8.67 Million | -0.122x | +24.02% |
| 2023-12-31 | €87.33 Million | €-14.00 Million | -0.160x | -148.77% |
| 2022-12-31 | €100.04 Million | €-6.45 Million | -0.064x | +22.43% |
| 2021-12-31 | €113.89 Million | €-9.46 Million | -0.083x | +78.36% |
| 2020-12-31 | €9.17 Million | €-3.52 Million | -0.384x | -148.85% |
| 2019-12-31 | €13.31 Million | €-2.05 Million | -0.154x | +46.83% |
| 2018-12-31 | €4.20 Million | €-1.22 Million | -0.290x | -- |