Eco Wave Power Global AB ADR (WAVE) - 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.
Eco Wave Power Global AB ADR - Cash Flow Conversion Efficiency Trend (2017–2025)
This chart illustrates how Eco Wave Power Global AB ADR's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Eco Wave Power Global AB ADR (WAVE) total liabilities for a breakdown of total debt and financial obligations.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Rockwell Medical Inc
NASDAQ:RMTI
|
-0.035x |
|
Aallon Group Oyj
HE:AALLON
|
0.051x |
|
Alticast Corporation
KQ:085810
|
0.104x |
|
Man Group PLC
LSE:EMG
|
-0.090x |
|
Feng Ching Metal
TWO:2061
|
-0.030x |
|
Lottery.com, Inc. Common Stock
NASDAQ:LTRY
|
-0.067x |
|
Zaklady Magnezytowe Ropczyce S.A.
WAR:RPC
|
-0.006x |
|
Knightscope Inc
NASDAQ:KSCP
|
-0.293x |
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. For the full company profile with market capitalisation and key ratios, see market cap of Eco Wave Power Global AB ADR.
| 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