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 defensive interval ratio to measure how many days the company can operate on defensive assets alone.

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.

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
MiCo Ltd KQ:059090	0.027x
Zhuhai Kles Technology Co. Ltd. A SHE:301314	N/A
Brainsway Ltd TA:BWAY	0.020x
Jiangling Motors Corp Ltd SHE:200550	0.212x
Caledonia Mining Corporation NYSE MKT:CMCL	0.073x
Guangzhou Shangpin Home Collection Co Ltd SHE:300616	0.018x
Jiangsu Skyray Instrument Co SHE:300165	0.027x
Sichuan Meifeng Chemical Industry Co Ltd SHE:000731	0.019x

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 market cap.

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

$463.79 Million

Market Cap Rank

#13077 Global

#3144 in USA

Share Price

$10.20

Change (1 day)

+2.10%

52-Week Range

$5.43 - $10.20

All Time High

$10.90