Air Busan Co Ltd (298690) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Air Busan Co Ltd (298690) has a cash flow conversion efficiency ratio of 0.154x as of December 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 (₩24.80 Billion ≈ $16.81 Million USD) by net assets (₩161.20 Billion ≈ $109.24 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 defensive interval ratio of Air Busan Co Ltd to measure how many days the company can operate on defensive assets alone.
Air Busan Co Ltd - Cash Flow Conversion Efficiency Trend (2015–2025)
This chart illustrates how Air Busan Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
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 |
|---|---|
|
Lake Shore Bancorp Inc
NASDAQ:LSBK
|
0.020x |
|
Shinsegae I&C
KO:035510
|
0.050x |
|
Mirae Corporation
KO:025560
|
-0.097x |
|
Hanmiglobal
KO:053690
|
-0.005x |
|
Paxman AB
ST:PAX
|
-0.014x |
|
Alpha Cognition Inc
NASDAQ:ACOG
|
-0.158x |
|
Platform Turizm Tasimacilik AS
IS:PLTUR
|
-0.063x |
|
K2 Gold Corporation
V:KTO
|
-0.009x |
Annual Cash Flow Conversion Efficiency for Air Busan Co Ltd (2015–2025)
The table below shows the annual cash flow conversion efficiency of Air Busan Co Ltd from 2015 to 2025. For the full company profile with market capitalisation and key ratios, see 298690 stock market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | ₩161.20 Billion ≈ $109.24 Million |
₩107.06 Billion ≈ $72.55 Million |
0.664x | -68.05% |
| 2024-12-31 | ₩139.10 Billion ≈ $94.27 Million |
₩289.19 Billion ≈ $195.98 Million |
2.079x | +37.84% |
| 2023-12-31 | ₩186.81 Billion ≈ $126.60 Million |
₩281.76 Billion ≈ $190.94 Million |
1.508x | +69.01% |
| 2022-12-31 | ₩126.66 Billion ≈ $85.83 Million |
₩113.03 Billion ≈ $76.60 Million |
0.892x | +268.69% |
| 2021-12-31 | ₩130.53 Billion ≈ $88.46 Million |
₩-69.06 Billion ≈ $-46.80 Million |
-0.529x | +49.78% |
| 2020-12-31 | ₩110.27 Billion ≈ $74.73 Million |
₩-116.16 Billion ≈ $-78.72 Million |
-1.053x | -201.20% |
| 2019-12-31 | ₩108.11 Billion ≈ $73.26 Million |
₩112.53 Billion ≈ $76.26 Million |
1.041x | +533.46% |
| 2018-12-31 | ₩152.30 Billion ≈ $103.21 Million |
₩25.03 Billion ≈ $16.96 Million |
0.164x | -69.76% |
| 2017-12-31 | ₩122.17 Billion ≈ $82.79 Million |
₩66.39 Billion ≈ $44.99 Million |
0.543x | +21.06% |
| 2016-12-31 | ₩103.29 Billion ≈ $70.00 Million |
₩46.37 Billion ≈ $31.42 Million |
0.449x | +17.59% |
| 2015-12-31 | ₩93.18 Billion ≈ $63.15 Million |
₩35.57 Billion ≈ $24.11 Million |
0.382x | -- |
About 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.