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 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
Global Vectra Helicorp Limited
NSE:GLOBALVECT
|
-0.932x |
|
Bliss Properti Indonesia Tbk PT
JK:POSA
|
-0.004x |
|
Cosmos Yatirim Holding AS
IS:COSMO
|
0.048x |
|
Pantera Silver Corp
V:PNTR
|
-0.027x |
|
Cherrybro co.Ltd
KQ:066360
|
0.064x |
|
Silver Bear Resources Inc
TO:SBR
|
0.109x |
|
Alankit Limited
NSE:ALANKIT
|
0.080x |
|
Cheche Group Inc. Class A Ordinary Shares
NASDAQ:CCG
|
-0.012x |
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
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.