Nexen Tire (002350) - 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 market value of Nexen Tire for the company's overall valuation and market capitalisation.
Nexen Tire - Cash Flow Conversion Efficiency Trend (2007–2024)
This chart illustrates how Nexen Tire's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Nexen Tire Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Nexen Tire ranked by their cash flow conversion efficiency. Explore cash flow quality index of Nexen Tire to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Somalogic Inc
NASDAQ:SLGC
|
-0.043x |
|
Delcath Systems Inc
NASDAQ:DCTH
|
0.008x |
|
First Bancorp Inc
NASDAQ:FNLC
|
0.078x |
|
Dhipaya Group Holdings PCL
BK:TIPH-R
|
N/A |
|
Jiangsu Smartwin Electronics Technology Co.Ltd.
SHE:301106
|
N/A |
|
FinVolution Group
F:PP3
|
0.028x |
|
Sejin Heavy Industries Co Ltd
KO:075580
|
0.100x |
|
Shan Dong Delisi Food Co Ltd
SHE:002330
|
-0.007x |
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. View Nexen Tire (002350) share price today for real-time trading data and today's change.
| 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.