NVE Corporation (NVEC) - Cash Flow Conversion Efficiency
Based on the latest financial reports, NVE Corporation (NVEC) has a cash flow conversion efficiency ratio of 0.047x 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 ($2.79 Million) by net assets ($59.71 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
NVE Corporation - Cash Flow Conversion Efficiency Trend (1996–2025)
This chart illustrates how NVE Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read total liabilities of NVE Corporation for a breakdown of total debt and financial obligations.
NVE Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of NVE Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Bell Financial Group Ltd
AU:BFG
|
0.132x |
|
ANGI Homeservices Inc
NASDAQ:ANGI
|
0.031x |
|
Arvind SmartSpaces Limited
NSE:ARVSMART
|
0.168x |
|
Anton Oilfield Services Group
F:5AO
|
0.046x |
|
Reconnaissance Energy Africa Ltd
V:RECO
|
-0.022x |
|
Hitron Technologies Inc
TW:2419
|
-0.018x |
|
Evolent Health Inc
NYSE:EVH
|
0.019x |
|
Kingsway Financial Services Inc
NYSE:KFS
|
0.041x |
Annual Cash Flow Conversion Efficiency for NVE Corporation (1996–2025)
The table below shows the annual cash flow conversion efficiency of NVE Corporation from 1996 to 2025. For the full company profile with market capitalisation and key ratios, see NVE Corporation stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-03-31 | $62.27 Million | $14.31 Million | 0.230x | -17.42% |
| 2024-03-31 | $65.57 Million | $18.25 Million | 0.278x | -2.22% |
| 2023-03-31 | $67.08 Million | $19.09 Million | 0.285x | +46.96% |
| 2022-03-31 | $64.57 Million | $12.50 Million | 0.194x | +2.72% |
| 2021-03-31 | $70.89 Million | $13.36 Million | 0.189x | -7.50% |
| 2020-03-31 | $78.00 Million | $15.90 Million | 0.204x | +18.65% |
| 2019-03-31 | $82.78 Million | $14.22 Million | 0.172x | -2.01% |
| 2018-03-31 | $86.44 Million | $15.15 Million | 0.175x | +31.23% |
| 2017-03-31 | $92.68 Million | $12.38 Million | 0.134x | -7.34% |
| 2016-03-31 | $99.26 Million | $14.31 Million | 0.144x | +5.01% |
| 2015-03-31 | $108.33 Million | $14.87 Million | 0.137x | +14.79% |
| 2014-03-31 | $103.70 Million | $12.40 Million | 0.120x | -11.12% |
| 2013-03-31 | $93.98 Million | $12.65 Million | 0.135x | -14.45% |
| 2012-03-31 | $81.46 Million | $12.81 Million | 0.157x | -14.08% |
| 2011-03-31 | $69.97 Million | $12.81 Million | 0.183x | -17.82% |
| 2010-03-31 | $55.95 Million | $12.46 Million | 0.223x | -7.39% |
| 2009-03-31 | $41.57 Million | $10.00 Million | 0.241x | +9.71% |
| 2008-03-31 | $31.51 Million | $6.91 Million | 0.219x | -5.13% |
| 2007-03-31 | $23.89 Million | $5.52 Million | 0.231x | +22.36% |
| 2006-03-31 | $16.78 Million | $3.17 Million | 0.189x | +148.46% |
| 2005-03-31 | $13.04 Million | $990.98K | 0.076x | -6.57% |
| 2004-03-31 | $10.73 Million | $873.22K | 0.081x | +53.50% |
| 2003-03-31 | $7.48 Million | $396.36K | 0.053x | +103.72% |
| 2002-03-31 | $476.81K | $-678.50K | -1.423x | -853.25% |
| 2001-03-31 | $2.46 Million | $465.47K | 0.189x | -92.51% |
| 2000-03-31 | $1.07 Million | $2.71 Million | 2.522x | +332.42% |
| 1999-03-31 | $2.40 Million | $1.40 Million | 0.583x | +396.72% |
| 1998-03-31 | $1.86 Million | $-366.22K | -0.197x | +0.41% |
| 1997-03-31 | $4.34 Million | $-856.34K | -0.197x | -141.87% |
| 1996-03-31 | $1.51 Million | $713.07K | 0.471x | -- |
About NVE Corporation
NVE Corporation develops and sells devices that use spintronics, a nanotechnology relying on electron spin to acquire, store, and transmit information, both in the United States and internationally. The company manufactures spintronic products, including sensors and couplers for use in sensing and transmitting data. Its products include standard sensors designed to detect the presence of magnetic… Read more