Alternus Energy Group Plc
Alternus Energy Group Plc operates as an international vertically integrated independent power producer. It owns, develops, installs, and operates midsized utility scale solar parks. The company was incorporated in 2019 and is headquartered in Dublin, Ireland.
Alternus Energy Group Plc (ALCE) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: -0.100x
Based on the latest financial reports, Alternus Energy Group Plc (ALCE) has a cash flow conversion efficiency ratio of -0.100x 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 ($8.27 Million) by net assets ($-82.69 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Alternus Energy Group Plc - Cash Flow Conversion Efficiency Trend (2021–2023)
This chart illustrates how Alternus Energy Group Plc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Alternus Energy Group Plc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Alternus Energy Group Plc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Full Metal Minerals Ltd
PINK:FLMTF
|
0.030x |
|
The GNS Group Inc
PINK:NASO
|
0.296x |
|
TTL Beteiligungs- und Grundbesitz-AG
F:TTO
|
0.226x |
|
aVINCI MEDIA CORP
NASDAQ:AVMC
|
N/A |
|
Goto Ltd
TA:GOTO
|
N/A |
|
Lipella Pharmaceuticals Inc. Common Stock
NASDAQ:LIPO
|
-1.585x |
|
UNITED CONTL (UAL1.SG)
STU:UAL1
|
0.131x |
|
MERCURY SYSTEM
MU:MCY
|
-0.010x |
Annual Cash Flow Conversion Efficiency for Alternus Energy Group Plc (2021–2023)
The table below shows the annual cash flow conversion efficiency of Alternus Energy Group Plc from 2021 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $-63.25 Million | $13.21 Million | -0.209x | -124.38% |
| 2022-12-31 | $-20.83 Million | $-17.85 Million | 0.857x | +270.80% |
| 2021-12-31 | $16.59 Million | $-8.32 Million | -0.502x | -- |