Codere Online US Corp (CDRO) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Codere Online US Corp (CDRO) has a cash flow conversion efficiency ratio of 0.166x as of September 2025. 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 ($4.40 Million) by net assets ($26.55 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Codere Online US Corp - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how Codere Online US Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read CDRO current and long-term liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Servicios Corporativos Javer
MX:JAVER
|
0.075x |
|
Rani Zim Shopping Centers
TA:RANI
|
0.016x |
|
Rocky Brands Inc
NASDAQ:RCKY
|
-0.014x |
|
Hyundai Hcn
KO:126560
|
0.020x |
|
Chin Teck Plantations Bhd
KLSE:1929
|
0.034x |
|
Enter Air S.A.
WAR:ENT
|
0.522x |
|
First Insurance Co Ltd
TW:2852
|
0.033x |
|
Lucara Diamond Corp
TO:LUC
|
0.083x |
Annual Cash Flow Conversion Efficiency for Codere Online US Corp (2019–2024)
The table below shows the annual cash flow conversion efficiency of Codere Online US Corp from 2019 to 2024. 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 |
|---|---|---|---|---|
| 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
Codere Online Luxembourg, S.A., together with its subsidiaries, operates as an online casino gaming and sports betting company in Spain, Mexico, Colombia, Panama, Argentina, and internationally. It offers online casino games available in land-based casinos, gaming halls, and gambling establishments, such as slot machines, table games, and bingo, as well as online casino through its website and mo… Read more