Next.e.GO N.V. (EGOXF) - 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. See defensive interval ratio of Next.e.GO N.V. to measure how many days the company can operate on defensive assets alone.
Next.e.GO N.V. - Cash Flow Conversion Efficiency Trend (2021–2022)
This chart illustrates how Next.e.GO N.V.'s cash flow conversion efficiency has evolved over time, based on yearly financial data.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Zenova Group PLC
LSE:ZED
|
-0.142x |
|
Trevena Inc
NASDAQ:TRVN
|
0.193x |
|
Gaucho Group Holdings, Inc.
NASDAQ:VINOQ
|
-0.853x |
|
PTT Public Company Limited
F:PTOG
|
0.055x |
|
MIRIS HOLDING AB O.N.
F:9W4
|
N/A |
|
BANGCHAK CORP. -FGN- BA 1
F:7BP
|
0.084x |
|
HYGEIA HC HLDGS DL-00001
F:50I
|
0.009x |
|
Gimat Magazacilik Sanayi ve Ticaret AS
IS:GMTAS
|
0.023x |
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. For the full company profile with market capitalisation and key ratios, see how much is Next.e.GO N.V. worth.
| 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..