NESTE OIL
NESTE OIL operates in Diversified Metals & Mining.
NESTE OIL (NEF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 0.039x
Based on the latest financial reports, NESTE OIL (NEF) has a cash flow conversion efficiency ratio of 0.039x as of September 2024.
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 (€292.00 Million) by net assets (€7.54 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
NESTE OIL - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how NESTE OIL's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
NESTE OIL Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of NESTE OIL ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
DAIWA HOUSE IND - Dusseldorf Stock Exchang
DU:DWH
|
N/A |
|
Stratos Renewables Corp
PINK:SRNW
|
-7.025x |
|
Milepro LogÃstica Ãltima Milla Socimi, S.A.
MC:YMIL
|
N/A |
|
GNVR
OTCGREY:GNVR
|
N/A |
|
Euroseas Ltd. Ex-Distribution When Issued
NASDAQ:ESEAV
|
N/A |
|
HICL Infrastructure Company Ltd
LSE:HICL
|
0.008x |
|
ADL PARTNER
BE:DLU
|
N/A |
|
PVEX
BATS:PVEX
|
N/A |
Annual Cash Flow Conversion Efficiency for NESTE OIL (2016–2023)
The table below shows the annual cash flow conversion efficiency of NESTE OIL from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €8.46 Billion | €2.28 Billion | 0.269x | +87.33% |
| 2022-12-31 | €8.33 Billion | €1.20 Billion | 0.144x | -49.64% |
| 2021-12-31 | €6.99 Billion | €1.99 Billion | 0.285x | -17.72% |
| 2020-12-31 | €5.93 Billion | €2.06 Billion | 0.347x | +41.09% |
| 2019-12-31 | €5.92 Billion | €1.46 Billion | 0.246x | -21.59% |
| 2018-12-31 | €4.63 Billion | €1.45 Billion | 0.314x | +24.35% |
| 2017-12-31 | €4.34 Billion | €1.09 Billion | 0.252x | -20.62% |
| 2016-12-31 | €3.75 Billion | €1.19 Billion | 0.318x | -- |