Hoftex Group AG (NBH) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Hoftex Group AG (NBH) has a cash flow conversion efficiency ratio of 0.029x 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 (€3.21 Million ≈ $3.75 Million USD) by net assets (€110.94 Million ≈ $129.70 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 NBH equity to assets ratio to measure how much of total assets are equity-financed.
Hoftex Group AG - Cash Flow Conversion Efficiency Trend (2015–2024)
This chart illustrates how Hoftex Group AG's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check NBH operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
Hoftex Group AG Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Hoftex Group AG ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Haranga Resources Ltd
AU:HAR
|
-0.202x |
|
Ratio Energies LP
TA:RATI-L
|
0.145x |
|
Les Enphants Co Ltd
TW:2911
|
-0.426x |
|
Lodzia
TA:LODZ
|
0.018x |
|
TURBOMECANICA S.A.
RO:TBM
|
-0.014x |
|
Terranet AB
ST:TERRNT-B
|
-0.162x |
|
CQV Co. Ltd
KQ:101240
|
0.031x |
|
SMRT Holdings Bhd
KLSE:0117
|
0.125x |
Annual Cash Flow Conversion Efficiency for Hoftex Group AG (2015–2024)
The table below shows the annual cash flow conversion efficiency of Hoftex Group AG from 2015 to 2024. For the full company profile with market capitalisation and key ratios, see Hoftex Group AG stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €107.29 Million ≈ $125.43 Million |
€5.62 Million ≈ $6.57 Million |
0.052x | -64.29% |
| 2023-12-31 | €106.86 Million ≈ $124.93 Million |
€15.68 Million ≈ $18.33 Million |
0.147x | +1269.45% |
| 2022-12-31 | €112.00 Million ≈ $130.94 Million |
€1.20 Million ≈ $1.40 Million |
0.011x | -80.95% |
| 2021-12-31 | €110.31 Million ≈ $128.97 Million |
€6.21 Million ≈ $7.26 Million |
0.056x | -69.49% |
| 2020-12-31 | €107.62 Million ≈ $125.82 Million |
€19.84 Million ≈ $23.20 Million |
0.184x | +3.36% |
| 2019-12-31 | €107.80 Million ≈ $126.03 Million |
€19.23 Million ≈ $22.48 Million |
0.178x | +2.36% |
| 2018-12-31 | €105.84 Million ≈ $123.73 Million |
€18.45 Million ≈ $21.57 Million |
0.174x | +4.80% |
| 2017-12-31 | €97.99 Million ≈ $114.56 Million |
€16.30 Million ≈ $19.05 Million |
0.166x | -26.21% |
| 2016-12-31 | €96.40 Million ≈ $112.70 Million |
€21.73 Million ≈ $25.40 Million |
0.225x | -13.00% |
| 2015-12-31 | €89.47 Million ≈ $104.60 Million |
€23.18 Million ≈ $27.10 Million |
0.259x | -- |
About Hoftex Group AG
Hoftex Group AG, through its subsidiaries, develops, produces, and distributes textile products for various applications in Germany and internationally. The company operates through NEUTEX, HOFTEX, TENOWO, and Other segments. It engages in weaving, dyeing, and finishing of decorative fabrics; and manufactures and distributes tailor-made home textiles and sun protection solutions. The company also… Read more