Nokian Renkaat Oyj (TYRES) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Nokian Renkaat Oyj (TYRES) has a cash flow conversion efficiency ratio of 0.015x 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 (€16.50 Million ≈ $19.29 Million USD) by net assets (€1.14 Billion ≈ $1.33 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Nokian Renkaat Oyj - Cash Flow Conversion Efficiency Trend (2000–2024)
This chart illustrates how Nokian Renkaat Oyj's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read TYRES liabilities breakdown for a breakdown of total debt and financial obligations.
Nokian Renkaat Oyj Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Nokian Renkaat Oyj ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Carabao Group Public Company Limited
BK:CBG
|
0.036x |
|
Redcare Pharmacy NV
F:RDC
|
0.063x |
|
Shanghai Zhongzhou Special Alloy Materials Co. Ltd.
SHE:300963
|
-0.046x |
|
Banpu Power Public Company Limited
BK:BPP
|
0.009x |
|
Nusantara Sawit Sejahtera
JK:NSSS
|
0.079x |
|
Day One Biopharmaceuticals Inc
NASDAQ:DAWN
|
-0.013x |
|
Energizer Holdings Inc
NYSE:ENR
|
1.058x |
|
Hemnet Group AB
ST:HEM
|
0.154x |
Annual Cash Flow Conversion Efficiency for Nokian Renkaat Oyj (2000–2024)
The table below shows the annual cash flow conversion efficiency of Nokian Renkaat Oyj from 2000 to 2024. For the full company profile with market capitalisation and key ratios, see Nokian Renkaat Oyj (TYRES) market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €1.27 Billion ≈ $1.49 Billion |
€77.40 Million ≈ $90.49 Million |
0.061x | -0.52% |
| 2023-12-31 | €1.35 Billion ≈ $1.58 Billion |
€82.40 Million ≈ $96.33 Million |
0.061x | +2137.86% |
| 2022-12-31 | €1.43 Billion ≈ $1.68 Billion |
€-4.30 Million ≈ $-5.03 Million |
-0.003x | -101.23% |
| 2021-12-31 | €1.63 Billion ≈ $1.90 Billion |
€396.50 Million ≈ $463.55 Million |
0.244x | -12.26% |
| 2020-12-31 | €1.52 Billion ≈ $1.78 Billion |
€422.40 Million ≈ $493.83 Million |
0.278x | +123.55% |
| 2019-12-31 | €1.77 Billion ≈ $2.07 Billion |
€219.80 Million ≈ $256.97 Million |
0.124x | -65.62% |
| 2018-12-31 | €1.49 Billion ≈ $1.74 Billion |
€536.90 Million ≈ $627.69 Million |
0.361x | +126.61% |
| 2017-12-31 | €1.47 Billion ≈ $1.72 Billion |
€234.10 Million ≈ $273.69 Million |
0.159x | -36.19% |
| 2016-12-31 | €1.46 Billion ≈ $1.71 Billion |
€364.40 Million ≈ $426.02 Million |
0.250x | +9.47% |
| 2015-12-31 | €1.24 Billion ≈ $1.45 Billion |
€283.40 Million ≈ $331.32 Million |
0.228x | -14.70% |
| 2014-12-31 | €1.21 Billion ≈ $1.41 Billion |
€323.40 Million ≈ $378.09 Million |
0.268x | +17.35% |
| 2013-12-31 | €1.39 Billion ≈ $1.63 Billion |
€317.60 Million ≈ $371.31 Million |
0.228x | -15.71% |
| 2012-12-31 | €1.44 Billion ≈ $1.68 Billion |
€388.80 Million ≈ $454.55 Million |
0.271x | +37.78% |
| 2011-12-31 | €1.19 Billion ≈ $1.39 Billion |
€232.90 Million ≈ $272.28 Million |
0.196x | -43.77% |
| 2010-12-31 | €937.20 Million ≈ $1.10 Billion |
€327.30 Million ≈ $382.65 Million |
0.349x | +36.24% |
| 2009-12-31 | €757.60 Million ≈ $885.71 Million |
€194.20 Million ≈ $227.04 Million |
0.256x | +982.88% |
| 2008-12-31 | €777.30 Million ≈ $908.75 Million |
€18.40 Million ≈ $21.51 Million |
0.024x | -90.07% |
| 2007-12-31 | €712.80 Million ≈ $833.34 Million |
€169.90 Million ≈ $198.63 Million |
0.238x | +29.94% |
| 2006-12-31 | €556.60 Million ≈ $650.72 Million |
€102.10 Million ≈ $119.37 Million |
0.183x | +186.33% |
| 2005-12-31 | €471.40 Million ≈ $551.12 Million |
€30.20 Million ≈ $35.31 Million |
0.064x | -68.86% |
| 2004-12-31 | €268.30 Million ≈ $313.67 Million |
€55.20 Million ≈ $64.53 Million |
0.206x | -35.66% |
| 2003-12-31 | €247.20 Million ≈ $289.00 Million |
€79.04 Million ≈ $92.41 Million |
0.320x | -2.46% |
| 2002-12-31 | €211.38 Million ≈ $247.12 Million |
€69.29 Million ≈ $81.01 Million |
0.328x | -14.37% |
| 2001-12-31 | €185.03 Million ≈ $216.32 Million |
€70.83 Million ≈ $82.81 Million |
0.383x | +140.67% |
| 2000-12-31 | €167.30 Million ≈ $195.59 Million |
€26.61 Million ≈ $31.11 Million |
0.159x | -- |
About Nokian Renkaat Oyj
Nokian Renkaat Oyj develops and manufactures tires for passenger cars, trucks, and heavy machineries in Nordics, the rest of Europe, the Americas, and internationally. It operates through Passenger Car Tyres, Heavy Tyres, and Vianor Tire Chain segments. The company develops and produces winter, summer, and all-season tires for passenger cars, SUVs, and vans; tires for forestry machinery; special … Read more