Air Busan Co Ltd
Air Busan Co., Ltd. provides passenger airline services. It provides domestic and international transportation services. The company also offers cargo transportation services; product brokerage; and sales of medical devices, and health functional food items. Air Busan Co., Ltd. was founded in 2007 and is headquartered in Busan, South Korea.
Air Busan Co Ltd (298690) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.287x
Based on the latest financial reports, Air Busan Co Ltd (298690) has a cash flow conversion efficiency ratio of 0.287x 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 (₩56.06 Billion) by net assets (₩195.11 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Air Busan Co Ltd - Cash Flow Conversion Efficiency Trend (2015–2024)
This chart illustrates how Air Busan Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Air Busan Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Air Busan Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Coheris SA
PA:COH
|
0.235x |
|
STX Green Logis Ltd
KO:465770
|
N/A |
|
BANK OF JIUJIANG H YC1
F:BJ8
|
N/A |
|
Valuence Merger Corp. I
OTCMKTS:VMCUF
|
-0.007x |
|
Castor Maritime Inc
NASDAQ:CTRM
|
0.002x |
|
Odyssey Gold Ltd
AU:ODY
|
0.000x |
|
Blue Gold Limited Class A Ordinary Shares
NASDAQ:BGL
|
-0.154x |
|
Best Agrolife Limited
NSE:BESTAGRO
|
N/A |
Annual Cash Flow Conversion Efficiency for Air Busan Co Ltd (2015–2024)
The table below shows the annual cash flow conversion efficiency of Air Busan Co Ltd from 2015 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | ₩139.10 Billion | ₩289.19 Billion | 2.079x | +37.84% |
| 2023-12-31 | ₩186.81 Billion | ₩281.76 Billion | 1.508x | +69.01% |
| 2022-12-31 | ₩126.66 Billion | ₩113.03 Billion | 0.892x | +268.69% |
| 2021-12-31 | ₩130.53 Billion | ₩-69.06 Billion | -0.529x | +49.78% |
| 2020-12-31 | ₩110.27 Billion | ₩-116.16 Billion | -1.053x | -201.20% |
| 2019-12-31 | ₩108.11 Billion | ₩112.53 Billion | 1.041x | +533.46% |
| 2018-12-31 | ₩152.30 Billion | ₩25.03 Billion | 0.164x | -69.76% |
| 2017-12-31 | ₩122.17 Billion | ₩66.39 Billion | 0.543x | +21.06% |
| 2016-12-31 | ₩103.29 Billion | ₩46.37 Billion | 0.449x | +17.59% |
| 2015-12-31 | ₩93.18 Billion | ₩35.57 Billion | 0.382x | -- |