Nokian Renkaat Oyj Cash Flow Conversion Efficiency
Nokian Renkaat Oyj 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.
Cash Flow Conversion Efficiency of Nokian Renkaat Oyj (2000–2024)
Cash flow conversion efficiency of Nokian Renkaat Oyj from 2000 to 2024. This chart illustrates how Nokian Renkaat Oyj's cash flow conversion efficiency has evolved over time, based on yearly financial data. View TYRES stock price for real-time trading data and today's change.
Nokian Renkaat Oyj Cash Flow Conversion Ratio Explained
Nokian Renkaat Oyj 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.
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. Also see TYRES stock market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Shenzhen Mason Technologies Co Ltd
SHE:002654
|
0.155x |
|
Aevis Victoria SA
SW:AEVS
|
0.037x |
|
Shandong Yisheng Livestock & Poultry Breeding Co Ltd
SHE:002458
|
0.021x |
|
Vor Biopharma Inc
NASDAQ:VOR
|
0.128x |
|
Playtech plc
F:PL8
|
0.082x |
|
Parade Technologies Ltd
TWO:4966
|
0.024x |
|
Day One Biopharmaceuticals Inc
NASDAQ:DAWN
|
-0.013x |
|
Genco Shipping & Trading Ltd
NYSE:GNK
|
0.000x |
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. Review free cash flow generation of Nokian Renkaat Oyj 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 | €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