FREYR Battery SA (FREY) - Cash Flow Conversion Efficiency
Based on the latest financial reports, FREYR Battery SA (FREY) has a cash flow conversion efficiency ratio of -0.178x as of March 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 ($-44.81 Million) by net assets ($251.21 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See net asset quality index of FREYR Battery SA to measure how much of total assets are equity-financed.
FREYR Battery SA - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how FREYR Battery SA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check FREYR Battery SA earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
FREYR Battery SA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of FREYR Battery SA ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Mosel Vitelic Inc
TW:2342
|
-0.011x |
|
Chesapeake Gold Corp.
V:CKG
|
-0.008x |
|
Suryoday Small Finance Bank Limited
NSE:SURYODAY
|
0.001x |
|
CJ Freshway Corporation
KQ:051500
|
0.071x |
|
Schaffer Corporation Ltd
AU:SFC
|
0.049x |
|
Yuan High-Tech Development Co Ltd
TWO:5474
|
-0.011x |
|
Sajodaerim
KO:003960
|
0.051x |
|
I-MAB SPONS.ADS/1 -0001
F:0VY
|
-0.063x |
Annual Cash Flow Conversion Efficiency for FREYR Battery SA (2019–2024)
The table below shows the annual cash flow conversion efficiency of FREYR Battery SA from 2019 to 2024. For the full company profile with market capitalisation and key ratios, see market cap of FREYR Battery SA.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $188.76 Million | $-102.82 Million | -0.545x | -293.19% |
| 2023-12-31 | $634.72 Million | $-87.93 Million | -0.139x | -10.83% |
| 2022-12-31 | $720.13 Million | $-90.01 Million | -0.125x | -7.99% |
| 2021-12-31 | $545.49 Million | $-63.14 Million | -0.116x | +92.18% |
| 2020-12-31 | $4.96 Million | $-7.34 Million | -1.480x | -181071.46% |
| 2019-12-31 | $280.16 Million | $-228.90K | -0.001x | -- |
About FREYR Battery SA
FREYR Battery, Inc. provides battery solutions in the United States, Norway, and internationally. The company develops battery cell manufacturing facilities. It serves its products to energy storage systems and commercial mobility, including marine applications and commercial vehicles markets. The company is headquartered in Austin, Texas.