Spigen Korea Co. Ltd Cash Flow Conversion Efficiency
Spigen Korea Co. Ltd cash flow conversion efficiency. Based on the latest financial reports, Spigen Korea Co. Ltd (192440) has a cash flow conversion efficiency ratio of 0.019x 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 (₩9.73 Billion ≈ $6.60 Million USD) by net assets (₩520.47 Billion ≈ $352.71 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Spigen Korea Co. Ltd (2014–2024)
Cash flow conversion efficiency of Spigen Korea Co. Ltd from 2014 to 2024. This chart illustrates how Spigen Korea Co. Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Spigen Korea Co. Ltd stock quote for real-time trading data and today's change.
Spigen Korea Co. Ltd Cash Flow Conversion Ratio Explained
Spigen Korea Co. Ltd 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.
Spigen Korea Co. Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Spigen Korea Co. Ltd ranked by their cash flow conversion efficiency. Also see 192440 market cap for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Quartzsea Acquisition Corporati
NASDAQ:QSEA
|
-0.002x |
|
D&D Platform Reit Co Ltd
KO:377190
|
N/A |
|
BEC World Public Company Limited
BK:BEC
|
0.049x |
|
Singatron Enterprise Co Ltd
TWO:6126
|
0.010x |
|
FastPartner AB Series D
ST:FPAR-D
|
0.009x |
|
Reward Wool Industry Corp
TW:1423
|
0.004x |
|
Atlas Resources Tbk
JK:ARII
|
0.071x |
|
SAI SILKS (KALAMANDIR) LIMITED
NSE:KALAMANDIR
|
0.143x |
Annual Cash Flow Conversion Efficiency for Spigen Korea Co. Ltd (2014–2024)
The table below shows the annual cash flow conversion efficiency of Spigen Korea Co. Ltd from 2014 to 2024. Review 192440 FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | ₩517.10 Billion ≈ $350.43 Million |
₩29.41 Billion ≈ $19.93 Million |
0.057x | -20.14% |
| 2023-12-31 | ₩469.59 Billion ≈ $318.24 Million |
₩33.44 Billion ≈ $22.66 Million |
0.071x | +45.61% |
| 2022-12-31 | ₩423.05 Billion ≈ $286.69 Million |
₩20.69 Billion ≈ $14.02 Million |
0.049x | -53.33% |
| 2021-12-31 | ₩396.83 Billion ≈ $268.93 Million |
₩41.59 Billion ≈ $28.18 Million |
0.105x | -56.03% |
| 2020-12-31 | ₩336.03 Billion ≈ $227.73 Million |
₩80.09 Billion ≈ $54.27 Million |
0.238x | +115.11% |
| 2019-12-31 | ₩294.46 Billion ≈ $199.55 Million |
₩32.62 Billion ≈ $22.11 Million |
0.111x | -23.80% |
| 2018-12-31 | ₩261.30 Billion ≈ $177.08 Million |
₩37.99 Billion ≈ $25.75 Million |
0.145x | -10.40% |
| 2017-12-31 | ₩221.37 Billion ≈ $150.02 Million |
₩35.92 Billion ≈ $24.34 Million |
0.162x | +11.58% |
| 2016-12-31 | ₩193.60 Billion ≈ $131.20 Million |
₩28.16 Billion ≈ $19.08 Million |
0.145x | -46.05% |
| 2015-12-31 | ₩158.62 Billion ≈ $107.50 Million |
₩42.76 Billion ≈ $28.98 Million |
0.270x | +14.13% |
| 2014-12-31 | ₩128.90 Billion ≈ $87.35 Million |
₩30.45 Billion ≈ $20.63 Million |
0.236x | -- |
About Spigen Korea Co. Ltd
Spigen Korea Co.,Ltd, together with its subsidiaries, engages in manufacture, wholesale, and retail of accessories for small mobile devices and electronic devices in South Korea, rest of Asia, Europe, North America, and internationally. The company offers smartphone cases, screen protectors, charging accessories, lifestyle products, bicycle products, and vehicle products under the Spigen brand; a… Read more