REN - Redes Energéticas Nacionais SGPS S.A (RENE) - Cash Flow Conversion Efficiency

Latest as of June 2023: -0.089x

Based on the latest financial reports, REN - Redes Energéticas Nacionais SGPS S.A (RENE) has a cash flow conversion efficiency ratio of -0.089x as of June 2023. 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 (€-130.54 Million ≈ $-152.61 Million USD) by net assets (€1.47 Billion ≈ $1.72 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See debt-free asset ratio of REN - Redes Energéticas Nacionais SGPS S to measure how much of total assets are equity-financed.

REN - Redes Energéticas Nacionais SGPS S.A - Cash Flow Conversion Efficiency Trend (2003–2021)

This chart illustrates how REN - Redes Energéticas Nacionais SGPS S.A's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check RENE cash flow quality score to evaluate the quality of earnings relative to operating cash generation.

REN - Redes Energéticas Nacionais SGPS S.A Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of REN - Redes Energéticas Nacionais SGPS S.A ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
MLS Co Ltd SHE:002745	0.010x
Jiangsu Lihua Animal Husbandry Co Ltd SHE:300761	0.087x
AviChina Industry & Technology Company Limited F:AVT	-0.077x
Sichuan Qiaoyuan Gas Co.Ltd SHE:301286	0.004x
Société BIC SA PA:BB	0.173x
WOOLWORTHS HDGS GDR F:WN30	N/A
Legend Holdings Corporation F:1PC	-0.009x
Evergreen Aviation Tech Corp TW:2645	0.059x

Annual Cash Flow Conversion Efficiency for REN - Redes Energéticas Nacionais SGPS S.A (2003–2021)

The table below shows the annual cash flow conversion efficiency of REN - Redes Energéticas Nacionais SGPS S.A from 2003 to 2021. For the full company profile with market capitalisation and key ratios, see RENE company net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2021-12-31	€1.41 Billion ≈ $1.65 Billion	€700.04 Million ≈ $818.42 Million	0.497x	+85.77%
2020-12-31	€1.41 Billion ≈ $1.65 Billion	€376.26 Million ≈ $439.89 Million	0.267x	+12.31%
2019-12-31	€1.45 Billion ≈ $1.69 Billion	€344.17 Million ≈ $402.37 Million	0.238x	-11.89%
2018-12-31	€1.46 Billion ≈ $1.71 Billion	€395.41 Million ≈ $462.27 Million	0.270x	-19.42%
2017-12-31	€1.43 Billion ≈ $1.67 Billion	€479.11 Million ≈ $560.13 Million	0.335x	+23.48%
2016-12-31	€1.16 Billion ≈ $1.36 Billion	€314.71 Million ≈ $367.92 Million	0.271x	+31.65%
2015-12-31	€1.16 Billion ≈ $1.36 Billion	€239.47 Million ≈ $279.96 Million	0.206x	-36.61%
2014-12-31	€1.14 Billion ≈ $1.33 Billion	€369.41 Million ≈ $431.88 Million	0.325x	-30.63%
2013-12-31	€1.08 Billion ≈ $1.26 Billion	€506.29 Million ≈ $591.90 Million	0.469x	+72.14%
2012-12-31	€1.03 Billion ≈ $1.20 Billion	€279.96 Million ≈ $327.30 Million	0.272x	-4.71%
2011-12-31	€1.04 Billion ≈ $1.21 Billion	€296.62 Million ≈ $346.78 Million	0.286x	-46.76%
2010-12-31	€1.02 Billion ≈ $1.19 Billion	€548.80 Million ≈ $641.60 Million	0.537x	+360.17%
2009-12-31	€996.60 Million ≈ $1.17 Billion	€116.31 Million ≈ $135.98 Million	0.117x	-80.99%
2008-12-31	€1.01 Billion ≈ $1.18 Billion	€621.02 Million ≈ $726.04 Million	0.614x	+68.31%
2007-12-31	€1.01 Billion ≈ $1.18 Billion	€367.03 Million ≈ $429.09 Million	0.365x	+49.97%
2006-12-31	€1.04 Billion ≈ $1.22 Billion	€252.83 Million ≈ $295.58 Million	0.243x	+4112.15%
2005-12-31	€924.69 Million ≈ $1.08 Billion	€5.34 Million ≈ $6.24 Million	0.006x	-8.71%
2004-12-31	€862.33 Million ≈ $1.01 Billion	€5.45 Million ≈ $6.38 Million	0.006x	-97.48%
2003-12-31	€847.41 Million ≈ $990.71 Million	€212.79 Million ≈ $248.77 Million	0.251x	--

About REN - Redes Energéticas Nacionais SGPS S.A

LS:RENE Portugal Utilities - Diversified

Market Cap

$2.71 Billion

€2.31 Billion EUR

Market Cap Rank

#5674 Global

#8 in Portugal

Share Price

€3.49

Change (1 day)

+1.01%

52-Week Range

€2.89 - €3.93

All Time High

€3.93