Codere Online US Corp (CDRO) - Cash Flow Conversion Efficiency

Latest as of March 2026: 0.181x

Based on the latest financial reports, Codere Online US Corp (CDRO) has a cash flow conversion efficiency ratio of 0.181x as of March 2026. 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 ($5.19 Million) by net assets ($28.70 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See CDRO equity to assets ratio to measure how much of total assets are equity-financed.

Codere Online US Corp - Cash Flow Conversion Efficiency Trend (2019–2025)

This chart illustrates how Codere Online US Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check CDRO cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

Codere Online US Corp Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Codere Online US Corp ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Plastika Kritis S.A. AT:PLAKR	0.019x
Forward Air Corporation NASDAQ:FWRD	0.374x
China Resources Medical Holdings Company Limited F:1PH	0.035x
Beihai Gofar Marine Biological Industry Co Ltd SHG:600538	-0.015x
Sichuan Fulin Transportation Group Co Ltd SHE:002357	0.006x
Henan Qingshuiyuan Technology Co Ltd SHE:300437	0.013x
Real Brokerage Inc NASDAQ:REAX	0.355x
Tecnon Fujian Commercial Lighting Co Ltd SHE:300650	-0.166x

Annual Cash Flow Conversion Efficiency for Codere Online US Corp (2019–2025)

The table below shows the annual cash flow conversion efficiency of Codere Online US Corp from 2019 to 2025. For the full company profile with market capitalisation and key ratios, see CDRO stock market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	$28.70 Million	$16.51 Million	0.575x	+253.34%
2024-12-31	$24.22 Million	$3.94 Million	0.163x	+129.93%
2023-12-31	$21.29 Million	$-11.58 Million	-0.544x	+68.47%
2022-12-31	$24.55 Million	$-42.36 Million	-1.726x	-2165.08%
2021-12-31	$68.15 Million	$-5.19 Million	-0.076x	+11.25%
2020-12-31	$-39.92 Million	$3.43 Million	-0.086x	-316.55%
2019-12-31	$-31.33 Million	$-1.24 Million	0.040x	--

About Codere Online US Corp

NASDAQ:CDRO USA Gambling

Market Cap

$407.87 Million

Market Cap Rank

#13329 Global

#3218 in USA

Share Price

$8.97

Change (1 day)

+0.67%

52-Week Range

$5.43 - $10.20

All Time High

$10.90