Nexen Tire Cash Flow Conversion Efficiency
Nexen Tire cash flow conversion efficiency. Based on the latest financial reports, Nexen Tire (002350) has a cash flow conversion efficiency ratio of 0.034x as of September 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 (₩67.65 Billion ≈ $45.84 Million USD) by net assets (₩1.99 Trillion ≈ $1.35 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see how much is Nexen Tire worth for the company's overall valuation and market capitalisation.
Cash Flow Conversion Efficiency of Nexen Tire (2007–2024)
Cash flow conversion efficiency of Nexen Tire from 2007 to 2024. This chart illustrates how Nexen Tire's cash flow conversion efficiency has evolved over time, based on yearly financial data. View latest Nexen Tire stock price today for real-time trading data and today's change.
Nexen Tire Cash Flow Conversion Ratio Explained
Nexen Tire 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.
Nexen Tire Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Nexen Tire ranked by their cash flow conversion efficiency. Review 002350 free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Samhi Hotels Limited
NSE:SAMHI
|
0.090x |
|
Tarczynski S.A.
WAR:TAR
|
0.029x |
|
Tien Phong Securities Corp
VN:ORS
|
-0.249x |
|
Binh Duong Water Environment JSC
VN:BWE
|
0.013x |
|
Rojana Industrial Park Public Company Limited
BK:ROJNA
|
0.089x |
|
Wonderful Hi-Tech Co Ltd
TWO:6190
|
-0.154x |
|
FinVolution Group
F:PP3
|
0.028x |
|
Globe Trade Centre S.A.
WAR:GTC
|
-0.003x |
Annual Cash Flow Conversion Efficiency for Nexen Tire (2007–2024)
The table below shows the annual cash flow conversion efficiency of Nexen Tire from 2007 to 2024. Also see Nexen Tire total assets for a full breakdown of the balance sheet.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | ₩1.87 Trillion ≈ $1.27 Billion |
₩259.33 Billion ≈ $175.75 Million |
0.139x | -2.33% |
| 2023-12-31 | ₩1.70 Trillion ≈ $1.16 Billion |
₩241.86 Billion ≈ $163.91 Million |
0.142x | +327.80% |
| 2022-12-31 | ₩1.60 Trillion ≈ $1.08 Billion |
₩-99.41 Billion ≈ $-67.37 Million |
-0.062x | -137.58% |
| 2021-12-31 | ₩1.60 Trillion ≈ $1.08 Billion |
₩265.16 Billion ≈ $179.69 Million |
0.166x | +43.16% |
| 2020-12-31 | ₩1.55 Trillion ≈ $1.05 Billion |
₩179.09 Billion ≈ $121.37 Million |
0.116x | -38.12% |
| 2019-12-31 | ₩1.56 Trillion ≈ $1.06 Billion |
₩291.46 Billion ≈ $197.52 Million |
0.187x | +70.20% |
| 2018-12-31 | ₩1.43 Trillion ≈ $967.86 Million |
₩156.98 Billion ≈ $106.39 Million |
0.110x | -42.31% |
| 2017-12-31 | ₩1.34 Trillion ≈ $907.38 Million |
₩255.10 Billion ≈ $172.88 Million |
0.191x | -40.20% |
| 2016-12-31 | ₩1.20 Trillion ≈ $815.09 Million |
₩383.19 Billion ≈ $259.68 Million |
0.319x | +2.69% |
| 2015-12-31 | ₩1.03 Trillion ≈ $700.76 Million |
₩320.82 Billion ≈ $217.42 Million |
0.310x | -4.59% |
| 2014-12-31 | ₩933.36 Billion ≈ $632.53 Million |
₩303.51 Billion ≈ $205.68 Million |
0.325x | +24.00% |
| 2013-12-31 | ₩797.00 Billion ≈ $540.12 Million |
₩209.01 Billion ≈ $141.64 Million |
0.262x | +21.08% |
| 2012-12-31 | ₩677.79 Billion ≈ $459.33 Million |
₩146.80 Billion ≈ $99.49 Million |
0.217x | -24.89% |
| 2010-12-31 | ₩462.24 Billion ≈ $313.25 Million |
₩133.29 Billion ≈ $90.33 Million |
0.288x | -47.75% |
| 2009-12-31 | ₩386.93 Billion ≈ $262.22 Million |
₩213.54 Billion ≈ $144.71 Million |
0.552x | +162.90% |
| 2008-12-31 | ₩278.04 Billion ≈ $188.42 Million |
₩58.36 Billion ≈ $39.55 Million |
0.210x | -19.01% |
| 2007-12-31 | ₩278.71 Billion ≈ $188.88 Million |
₩72.24 Billion ≈ $48.95 Million |
0.259x | -- |
About Nexen Tire
Nexen Tire Corporation manufactures and sells tires in South Korea and internationally. The company offers passenger car, SUV, electric vehicle, van and light truck, winter, racing, global OE, and solid tires, as well as tubes and flaps. It also provides tire finder and warranty services. Nexen Tire Corporation was founded in 1942 and is headquartered in Yangsan-si, South Korea.