Vátryggingafélag Íslands hf (SKAGI) - Cash Flow Conversion Efficiency

Latest as of December 2023: 0.083x

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. See Vátryggingafélag Íslands hf (SKAGI) net asset quality to measure how much of total assets are equity-financed.

Vátryggingafélag Íslands hf - Cash Flow Conversion Efficiency Trend (2014–2023)

This chart illustrates how Vátryggingafélag Íslands hf's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check SKAGI operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.

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.

Company	Cash Flow Conversion Efficiency
ABEONA THERAPEUT. DL-01 F:PCJ	-0.113x
Sinomach General Machinery Science Technology Co Ltd SHG:600444	0.093x
Zhejiang Yaguang Technology Co. Ltd. A SHG:603282	N/A
Sight Sciences Inc NASDAQ:SGHT	-0.136x
Guangzhou Jointas Chemical Joint Stock Co Ltd SHE:002909	0.007x
B&G Foods Inc NYSE:BGS	0.211x
Companhia Brasileira de Distribuição SA:PCAR3	0.455x
Eveready Industries India Limited NSE:EVEREADY	0.066x

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. For the full company profile with market capitalisation and key ratios, see how much is Vátryggingafélag Íslands hf worth.

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

#15115 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