Spinnova Oy (SPINN) - Cash Flow Conversion Efficiency

Latest 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 ≈ $-4.24 Million USD) by net assets (€44.82 Million ≈ $52.40 Million USD). 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. Read SPINN liabilities breakdown for a breakdown of total debt and financial obligations.

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
System and Application Technologies Co. Ltd KQ:060540	0.023x
Panca Global Securities Tbk JK:PEGE	-0.166x
Kolon Corp KO:002025	-0.009x
Bliss Properti Indonesia Tbk PT JK:POSA	-0.004x
WIZ CORP Inc KQ:038620	0.016x
EcoBio Holdings Co. Ltd KQ:038870	0.027x
Phatra Leasing Public Company Limited BK:PL	0.065x
Dragonfly Energy Holdings Corp. NASDAQ:DFLI	-1.366x

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. For the full company profile with market capitalisation and key ratios, see Spinnova Oy market cap and net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	€71.17 Million ≈ $83.20 Million	€-8.67 Million ≈ $-10.13 Million	-0.122x	+24.02%
2023-12-31	€87.33 Million ≈ $102.10 Million	€-14.00 Million ≈ $-16.37 Million	-0.160x	-148.77%
2022-12-31	€100.04 Million ≈ $116.96 Million	€-6.45 Million ≈ $-7.54 Million	-0.064x	+22.43%
2021-12-31	€113.89 Million ≈ $133.15 Million	€-9.46 Million ≈ $-11.06 Million	-0.083x	+78.36%
2020-12-31	€9.17 Million ≈ $10.72 Million	€-3.52 Million ≈ $-4.11 Million	-0.384x	-148.85%
2019-12-31	€13.31 Million ≈ $15.56 Million	€-2.05 Million ≈ $-2.40 Million	-0.154x	+46.83%
2018-12-31	€4.20 Million ≈ $4.91 Million	€-1.22 Million ≈ $-1.42 Million	-0.290x	--

About Spinnova Oy

HE:SPINN Finland Textile Manufacturing

Market Cap

$28.43 Million

€24.32 Million EUR

Market Cap Rank

#24378 Global

#133 in Finland

Share Price

€0.47

Change (1 day)

+1.09%

52-Week Range

€0.38 - €1.10

All Time High

€17.00