RingNet Co. Ltd (042500) - Cash Flow Conversion Efficiency
Based on the latest financial reports, RingNet Co. Ltd (042500) has a cash flow conversion efficiency ratio of 0.041x 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 (₩4.60 Billion ≈ $3.12 Million USD) by net assets (₩112.47 Billion ≈ $76.22 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 RingNet Co. Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
RingNet Co. Ltd - Cash Flow Conversion Efficiency Trend (2011–2024)
This chart illustrates how RingNet Co. Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
RingNet Co. Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of RingNet Co. Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Electra Battery Materials Corp
V:ELBM
|
-0.046x |
|
Essar Shipping Limited
NSE:ESSARSHPNG
|
-0.003x |
|
Shin Shin Co Ltd
TW:2901
|
0.027x |
|
Mildex Optical
TWO:4729
|
0.002x |
|
Saga Communications Inc
NASDAQ:SGA
|
-0.008x |
|
Eastern Platinum Limited
TO:ELR
|
-0.033x |
|
VHM Ltd
AU:VHM
|
-0.041x |
|
City Service SE
WAR:CTS
|
0.058x |
Annual Cash Flow Conversion Efficiency for RingNet Co. Ltd (2011–2024)
The table below shows the annual cash flow conversion efficiency of RingNet Co. Ltd from 2011 to 2024. For the full company profile with market capitalisation and key ratios, see RingNet Co. Ltd stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | ₩106.82 Billion ≈ $72.39 Million |
₩7.18 Billion ≈ $4.87 Million |
0.067x | -87.24% |
| 2023-12-31 | ₩96.12 Billion ≈ $65.14 Million |
₩50.64 Billion ≈ $34.32 Million |
0.527x | +295.44% |
| 2022-12-31 | ₩83.42 Billion ≈ $56.53 Million |
₩-22.49 Billion ≈ $-15.24 Million |
-0.270x | +15.91% |
| 2021-12-31 | ₩74.57 Billion ≈ $50.54 Million |
₩-23.90 Billion ≈ $-16.20 Million |
-0.321x | -203.28% |
| 2020-12-31 | ₩68.73 Billion ≈ $46.58 Million |
₩21.33 Billion ≈ $14.46 Million |
0.310x | +451.13% |
| 2019-12-31 | ₩58.03 Billion ≈ $39.33 Million |
₩-5.13 Billion ≈ $-3.48 Million |
-0.088x | -134.04% |
| 2018-12-31 | ₩52.34 Billion ≈ $35.47 Million |
₩13.59 Billion ≈ $9.21 Million |
0.260x | +201.67% |
| 2017-12-31 | ₩54.92 Billion ≈ $37.22 Million |
₩4.73 Billion ≈ $3.20 Million |
0.086x | +171.28% |
| 2016-12-31 | ₩50.67 Billion ≈ $34.34 Million |
₩-6.12 Billion ≈ $-4.15 Million |
-0.121x | -132.81% |
| 2015-12-31 | ₩46.84 Billion ≈ $31.74 Million |
₩17.24 Billion ≈ $11.69 Million |
0.368x | +2515.05% |
| 2014-12-31 | ₩43.14 Billion ≈ $29.24 Million |
₩607.39 Million ≈ $411.62K |
0.014x | -43.60% |
| 2013-12-31 | ₩34.42 Billion ≈ $23.32 Million |
₩859.12 Million ≈ $582.21K |
0.025x | -82.48% |
| 2012-12-31 | ₩28.74 Billion ≈ $19.48 Million |
₩4.09 Billion ≈ $2.77 Million |
0.142x | +48.98% |
| 2011-12-31 | ₩20.27 Billion ≈ $13.74 Million |
₩1.94 Billion ≈ $1.31 Million |
0.096x | -- |
About RingNet Co. Ltd
RingNet Co., Ltd. engages in the implementation of information and communication technology (ICT) services and solutions in South Korea. The company offers Naver cloud platform services; cloud solutions covering Cisco, Citrix, NetApp, and VMware solutions; supplies networking devices comprising routers, switches, mobility/wireless products, Meraki and SDA/DNA assurance technology solutions, and S… Read more