Next.e.GO N.V. Cash Flow Conversion Efficiency
Next.e.GO N.V. cash flow conversion efficiency. Based on the latest financial reports, Next.e.GO N.V. (EGOXF) has a cash flow conversion efficiency ratio of -0.009x as of June 2023. 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 ($-889.02K) by net assets ($93.93 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Next.e.GO N.V. (2021–2022)
Cash flow conversion efficiency of Next.e.GO N.V. from 2021 to 2022. This chart illustrates how Next.e.GO N.V.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. View Next.e.GO N.V. share price for real-time trading data and today's change.
Next.e.GO N.V. Cash Flow Conversion Ratio Explained
Next.e.GO N.V. cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Next.e.GO N.V. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Next.e.GO N.V. ranked by their cash flow conversion efficiency. Also see how much is Next.e.GO N.V. worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Gaucho Group Holdings, Inc.
NASDAQ:VINOQ
|
-0.853x |
|
Global UAV Technologies Ltd
STU:YAB2
|
0.001x |
|
Kyung Nam Pharm Co Ltd
KQ:053950
|
0.001x |
|
Nostrum Oil & Gas PLC
LSE:NOG
|
0.029x |
|
PHSC PLC
LSE:PHSC
|
-0.004x |
|
NewHold Investment Corp III Warrants
NASDAQ:NHICW
|
-0.001x |
|
MIRIS HOLDING AB O.N.
F:9W4
|
N/A |
|
KRUNGTHAI CARD FGN BA 1
F:KRTA
|
-0.012x |
Annual Cash Flow Conversion Efficiency for Next.e.GO N.V. (2021–2022)
The table below shows the annual cash flow conversion efficiency of Next.e.GO N.V. from 2021 to 2022. Review how financially flexible is Next.e.GO N.V. to assess the company's free cash flow relative to its total liabilities.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | $117.70 Million | $-26.77 Million | -0.227x | -18.85% |
| 2021-12-31 | $227.29 Million | $-43.49 Million | -0.191x | -- |
About Next.e.GO N.V.
Next.e.GO N.V. designs, manufactures, and sells electric vehicles. The company is based in Aachen, Germany. Next.e.GO N.V. (NasdaqGM : EGOX) operates as a subsidiary of Nd Industrial Investments B.V..