Eco Wave Power Global AB ADR Cash Flow Conversion Efficiency
Eco Wave Power Global AB ADR cash flow conversion efficiency. Based on the latest financial reports, Eco Wave Power Global AB ADR (WAVE) has a cash flow conversion efficiency ratio of 0.046x as of March 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 ($418.76K) by net assets ($9.19 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 Eco Wave Power Global AB ADR (2017–2025)
Cash flow conversion efficiency of Eco Wave Power Global AB ADR from 2017 to 2025. This chart illustrates how Eco Wave Power Global AB ADR's cash flow conversion efficiency has evolved over time, based on yearly financial data. View WAVE share price today for real-time trading data and today's change.
Eco Wave Power Global AB ADR Cash Flow Conversion Ratio Explained
Eco Wave Power Global AB ADR 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.
Eco Wave Power Global AB ADR Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Eco Wave Power Global AB ADR ranked by their cash flow conversion efficiency. Also see market cap of Eco Wave Power Global AB ADR for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Aallon Group Oyj
HE:AALLON
|
0.051x |
|
Singbao International Co Ltd
TWO:6130
|
-0.027x |
|
Cliq Digital AG
F:CLIQ
|
0.259x |
|
Barksdale Resources Corp
V:BRO
|
-0.017x |
|
Cineline India Limited
NSE:CINELINE
|
0.036x |
|
Tirta Mahakam Resources Tbk
JK:TIRT
|
0.003x |
|
Lottery.com, Inc. Common Stock
NASDAQ:LTRY
|
-0.067x |
|
AI Financial Corporation
NASDAQ:AIFC
|
-0.014x |
Annual Cash Flow Conversion Efficiency for Eco Wave Power Global AB ADR (2017–2025)
The table below shows the annual cash flow conversion efficiency of Eco Wave Power Global AB ADR from 2017 to 2025. Review Eco Wave Power Global AB ADR free cash flow efficiency to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $5.49 Million | $-2.77 Million | -0.504x | -130.34% |
| 2024-12-31 | $8.30 Million | $-1.82 Million | -0.219x | +34.34% |
| 2023-12-31 | $7.80 Million | $-2.60 Million | -0.333x | -33.72% |
| 2022-12-31 | $9.87 Million | $-2.46 Million | -0.249x | -45.20% |
| 2021-12-31 | $14.73 Million | $-2.53 Million | -0.172x | +21.60% |
| 2020-12-31 | $10.78 Million | $-2.36 Million | -0.219x | -77.57% |
| 2019-12-31 | $11.33 Million | $-1.40 Million | -0.123x | -101.67% |
| 2018-12-31 | $-123.41K | $-910.84K | 7.381x | -43.51% |
| 2017-12-31 | $-86.34K | $-1.13 Million | 13.066x | -- |
About Eco Wave Power Global AB ADR
Eco Wave Power Global AB (publ), a wave energy company, develops a wave energy conversion (WEC) technology that converts ocean and sea waves into clean electricity. The company also holds various agreements, including power purchase agreements, concession agreements, turnkey agreements, and other agreements worldwide with pipeline of projects with approximately 404.7 megawatts, as well as letters… Read more