Aasen Sparebank
Aasen Sparebank provides various banking products and services in Norway. The company savings account, savings account for children and home purchase, pension, long-term savings, and stocks. It also provides lease financing; and mortgage, car, green, and small loans. In addition, the company offers health, group life, travel, and occupational injury insurance; and bank card, credit card, online b… Read more
Aasen Sparebank (AASB) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2019: 0.035x
Based on the latest financial reports, Aasen Sparebank (AASB) has a cash flow conversion efficiency ratio of 0.035x as of June 2019.
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 (Nkr15.01 Million) by net assets (Nkr426.73 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Aasen Sparebank - Cash Flow Conversion Efficiency Trend (2015–2024)
This chart illustrates how Aasen Sparebank's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Aasen Sparebank Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Aasen Sparebank ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Compania Introductora de Buenos Aires SA
BA:INTR
|
-0.019x |
|
GUILD ESPORTS PLC LS-001
F:GU0
|
N/A |
|
Bitmine Immersion Technologies Inc
PINK:BMNR
|
-0.084x |
|
Wanted Lab Inc.
KQ:376980
|
0.017x |
|
ROK Resources Inc.
OTCQB:ROKRF
|
0.058x |
|
Eagle Pharmaceuticals Inc
PINK:EGRX
|
0.000x |
|
Sekuro Plastik Ambalaj Sanayi AS
IS:SEKUR
|
-0.167x |
|
Entertainment Network (India) Limited
NSE:ENIL
|
-0.016x |
Annual Cash Flow Conversion Efficiency for Aasen Sparebank (2015–2024)
The table below shows the annual cash flow conversion efficiency of Aasen Sparebank from 2015 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr827.45 Million | Nkr-144.06 Million | -0.174x | -135.14% |
| 2023-12-31 | Nkr742.44 Million | Nkr367.88 Million | 0.495x | +644.67% |
| 2022-12-31 | Nkr685.42 Million | Nkr-62.35 Million | -0.091x | +7.30% |
| 2021-12-31 | Nkr568.33 Million | Nkr-55.77 Million | -0.098x | -475.02% |
| 2020-12-31 | Nkr533.81 Million | Nkr13.97 Million | 0.026x | -80.86% |
| 2019-12-31 | Nkr439.20 Million | Nkr60.03 Million | 0.137x | +125.16% |
| 2018-12-31 | Nkr407.05 Million | Nkr24.71 Million | 0.061x | -86.94% |
| 2017-12-31 | Nkr380.86 Million | Nkr177.00 Million | 0.465x | +214.44% |
| 2016-12-31 | Nkr337.87 Million | Nkr-137.21 Million | -0.406x | -47.48% |
| 2015-12-31 | Nkr268.74 Million | Nkr-74.00 Million | -0.275x | -- |