Vátryggingafélag Íslands hf Cash Flow Conversion Efficiency

Latest as of December 2023: 0.083x

Vátryggingafélag Íslands hf cash flow conversion efficiency. Based on the latest financial reports, Vátryggingafélag Íslands hf (SKAGI) has a cash flow conversion efficiency ratio of 0.083x as of December 2023. 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 (Ikr1.76 Billion ≈ $14.33 Million USD) by net assets (Ikr21.17 Billion ≈ $172.61 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 Vátryggingafélag Íslands hf (2014–2023)

Cash flow conversion efficiency of Vátryggingafélag Íslands hf from 2014 to 2023. This chart illustrates how Vátryggingafélag Íslands hf's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Vátryggingafélag Íslands hf (SKAGI) share price today for real-time trading data and today's change.

Vátryggingafélag Íslands hf Cash Flow Conversion Ratio Explained

Vátryggingafélag Íslands hf 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.

Vátryggingafélag Íslands hf Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Vátryggingafélag Íslands hf ranked by their cash flow conversion efficiency. Also see Vátryggingafélag Íslands hf (SKAGI) market capitalisation for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Humble Group AB ST:HUMBLE	0.037x
Sight Sciences Inc NASDAQ:SGHT	-0.136x
FLAIR NSE:FLAIR	0.047x
Putnam Municipal Opportunities Trust NYSE:PMO	0.021x
Suzhou Mingzhi Technology Co. Ltd. A SHG:688355	0.130x
Firm Capital Mortgage Invest Corp TO:FC	0.023x
Tangshan Jidong Equipment Engineering Co Ltd SHE:000856	-0.031x
Shanghai Hile Bio-tech SHG:603718	-0.001x

Annual Cash Flow Conversion Efficiency for Vátryggingafélag Íslands hf (2014–2023)

The table below shows the annual cash flow conversion efficiency of Vátryggingafélag Íslands hf from 2014 to 2023. Review SKAGI free cash flow to operating cash ratio 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
2023-12-31	Ikr21.17 Billion ≈ $172.61 Million	Ikr3.11 Billion ≈ $25.38 Million	0.147x	-52.22%
2022-12-31	Ikr17.32 Billion ≈ $141.24 Million	Ikr5.33 Billion ≈ $43.46 Million	0.308x	+32.76%
2021-12-31	Ikr20.45 Billion ≈ $166.74 Million	Ikr4.74 Billion ≈ $38.64 Million	0.232x	+758.72%
2020-12-31	Ikr16.99 Billion ≈ $138.53 Million	Ikr458.59 Million ≈ $3.74 Million	0.027x	-88.64%
2019-12-31	Ikr15.19 Billion ≈ $123.87 Million	Ikr3.61 Billion ≈ $29.43 Million	0.238x	+29.18%
2018-12-31	Ikr14.91 Billion ≈ $121.56 Million	Ikr2.74 Billion ≈ $22.36 Million	0.184x	-19.73%
2017-12-31	Ikr16.77 Billion ≈ $136.69 Million	Ikr3.84 Billion ≈ $31.32 Million	0.229x	+3689.28%
2016-12-31	Ikr16.37 Billion ≈ $133.46 Million	Ikr-104.52 Million ≈ $-852.10K	-0.006x	-102.68%
2015-12-31	Ikr17.55 Billion ≈ $143.10 Million	Ikr4.18 Billion ≈ $34.04 Million	0.238x	+105.35%
2014-12-31	Ikr19.18 Billion ≈ $156.37 Million	Ikr2.22 Billion ≈ $18.12 Million	0.116x	--

About Vátryggingafélag Íslands hf

IC:SKAGI Iceland

Market Cap

$283.21 Million

Ikr34.74 Billion ISK

Market Cap Rank

#14776 Global

#15 in Iceland

Share Price

Ikr18.50

Change (1 day)

+0.00%

52-Week Range

Ikr16.60 - Ikr22.60

All Time High

Ikr22.60