Spinnova Oy (SPINN) - Cash Flow Conversion Efficiency
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. See Spinnova Oy balance sheet independence to measure how much of total assets are equity-financed.
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. Check Spinnova Oy cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
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 |
|---|---|
|
Carnegie Clean Energy Ltd
AU:CCE
|
-0.101x |
|
Petratherm Ltd
AU:PTR
|
-0.044x |
|
LMS Co. Ltd
KQ:073110
|
-0.044x |
|
Silver Bear Resources Inc
TO:SBR
|
0.109x |
|
Shenzhen Textile Holdings Co Ltd
SHE:200045
|
0.012x |
|
Alara Resources Ltd
AU:AUQ
|
-2.204x |
|
Hizeaero Co. Ltd
KQ:221840
|
-0.065x |
|
Intchains Group Limited American Depositary Shares
NASDAQ:ICG
|
-0.096x |
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 (SPINN) total market value.
| 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
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.