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. See net asset quality index of Nokian Renkaat Oyj to measure how much of total assets are equity-financed.
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. Check cash flow quality index of Nokian Renkaat Oyj to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Develop Global Ltd
AU:DVP
|
0.042x |
|
Aevis Victoria SA
SW:AEVS
|
0.037x |
|
Aksa Akrilik Kimya Sanayi AS
IS:AKSA
|
0.004x |
|
Huafon Microfibre Shanghai Co
SHE:300180
|
0.029x |
|
Playtech plc
F:PL8
|
0.082x |
|
Bombay Burmah Trading Corporation Limited
NSE:BBTC
|
0.039x |
|
Xi'an Sinofuse Electric Co. Ltd.
SHE:301031
|
N/A |
|
Day One Biopharmaceuticals Inc
NASDAQ:DAWN
|
-0.013x |
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) total market value.
| 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