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 operational self-sufficiency of FREYR Battery SA to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
Patagonia Gold Corp
V:PGDC
|
-0.104x |
|
WildBrain Ltd
TO:WILD
|
0.095x |
|
Canton Strategic Holdings, Inc.
NASDAQ:CNTN
|
-0.016x |
|
DCW Limited
NSE:DCW
|
0.121x |
|
Fiducian Group Ltd
AU:FID
|
0.212x |
|
BF Investment Limited
NSE:BFINVEST
|
0.001x |
|
Krsnaa Diagnostics Limited
NSE:KRSNAA
|
0.056x |
|
Companhia Energética de Brasília - CEB
SA:CEBR3
|
0.041x |
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 FREY market cap.
| 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.