Corre Energy BV
Corre Energy B.V. engages in the development and operation of long duration energy storage (LDES) projects and products in Europe. The company develops and constructs energy storage facilities. It is also involved in the production of green hydrogen. The company was founded in 2018 and is headquartered in Groningen, the Netherlands. Corre Energy B.V. operates as a subsidiary of Corre Energy Group… Read more
Corre Energy BV (CORRE) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: 0.046x
Based on the latest financial reports, Corre Energy BV (CORRE) has a cash flow conversion efficiency ratio of 0.046x as of June 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 (€-590.50K) by net assets (€-12.83 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Corre Energy BV - Cash Flow Conversion Efficiency Trend (2019–2023)
This chart illustrates how Corre Energy BV's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Corre Energy BV Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Corre Energy BV ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Desane Group Holdings Ltd
AU:DGH
|
0.000x |
|
Orcay Ortakoy Cay Sanayi & Ticaret AS
IS:ORCAY
|
0.063x |
|
Gunpoint Exploration Ltd
PINK:CJIMF
|
-0.013x |
|
COSCIENS Biopharma Inc.
NASDAQ:CSCI
|
-0.627x |
|
O'Pay Electronic Payment Co., Ltd.
TWO:6878
|
-0.063x |
|
MinRex Resources Limited
F:L4Z
|
N/A |
|
ISCC FINTECH SPA
F:L7H
|
N/A |
|
CEMAT A/S NAM. B DK 002
F:1X9
|
N/A |
Annual Cash Flow Conversion Efficiency for Corre Energy BV (2019–2023)
The table below shows the annual cash flow conversion efficiency of Corre Energy BV from 2019 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €7.06 Million | €-8.57 Million | -1.214x | -198.57% |
| 2022-12-31 | €-11.53 Million | €-14.20 Million | 1.232x | +213.15% |
| 2021-12-31 | €8.53 Million | €-9.28 Million | -1.089x | +77.26% |
| 2020-12-31 | €742.11K | €-3.55 Million | -4.786x | -611.67% |
| 2019-12-31 | €-4.00 Million | €-3.75 Million | 0.935x | -- |