Spinnova Oy Cash Flow Conversion Efficiency
Spinnova Oy 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.
Cash Flow Conversion Efficiency of Spinnova Oy (2018–2024)
Cash flow conversion efficiency of Spinnova Oy from 2018 to 2024. This chart illustrates how Spinnova Oy's cash flow conversion efficiency has evolved over time, based on yearly financial data. View today's stock price for Spinnova Oy for real-time trading data and today's change.
Spinnova Oy Cash Flow Conversion Ratio Explained
Spinnova Oy cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Spinnova Oy Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Spinnova Oy ranked by their cash flow conversion efficiency. Also see SPINN market cap for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Unlimited Travel Group UTG AB (publ)
ST:UTG
|
-0.344x |
|
Caspar
WAR:CSR
|
0.049x |
|
Bürgerliches Brauhaus Ravensburg - Lindau Aktiengesellschaft
STU:BBR
|
N/A |
|
Bliss Properti Indonesia Tbk PT
JK:POSA
|
-0.004x |
|
Phatra Leasing Public Company Limited
BK:PL
|
0.065x |
|
Wenzhou Kangning Hospital Co. Ltd
F:4WK
|
0.060x |
|
Choo Bee Metal Industries Bhd
KLSE:5797
|
0.034x |
|
Sangsin Brake
KO:041650
|
0.042x |
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. Review how much free cash does Spinnova Oy generate to assess how much free cash flow the company generates relative to operating cash flow.
| 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.