Aasen Sparebank (AASB) - Cash Flow Conversion Efficiency
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 ≈ $1.58 Million USD) by net assets (Nkr426.73 Million ≈ $44.90 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see AASB market cap for the company's overall valuation and market capitalisation.
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.
Aasen Sparebank Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Aasen Sparebank ranked by their cash flow conversion efficiency. Explore AASB operating cash flow to net income to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
J.ESTINA Co.Ltd
KQ:026040
|
0.117x |
|
Bliss Properti Indonesia Tbk PT
JK:POSA
|
-0.004x |
|
Pop Culture Group Co Ltd
NASDAQ:CPOP
|
-0.003x |
|
Egeplast Ege Plastik Ticaret ve Sanayi AS
IS:EPLAS
|
-0.008x |
|
Bürgerliches Brauhaus Ravensburg - Lindau Aktiengesellschaft
STU:BBR
|
N/A |
|
Higgstec
TWO:5220
|
0.008x |
|
Spinnova Oy
HE:SPINN
|
-0.081x |
|
Radiopharm Theranostics Ltd
AU:RAD
|
-1.349x |
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. View today's stock price for Aasen Sparebank for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr827.45 Million ≈ $87.07 Million |
Nkr-144.06 Million ≈ $-15.16 Million |
-0.174x | -135.14% |
| 2023-12-31 | Nkr742.44 Million ≈ $78.13 Million |
Nkr367.88 Million ≈ $38.71 Million |
0.495x | +644.67% |
| 2022-12-31 | Nkr685.42 Million ≈ $72.13 Million |
Nkr-62.35 Million ≈ $-6.56 Million |
-0.091x | +7.30% |
| 2021-12-31 | Nkr568.33 Million ≈ $59.80 Million |
Nkr-55.77 Million ≈ $-5.87 Million |
-0.098x | -475.02% |
| 2020-12-31 | Nkr533.81 Million ≈ $56.17 Million |
Nkr13.97 Million ≈ $1.47 Million |
0.026x | -80.86% |
| 2019-12-31 | Nkr439.20 Million ≈ $46.22 Million |
Nkr60.03 Million ≈ $6.32 Million |
0.137x | +125.16% |
| 2018-12-31 | Nkr407.05 Million ≈ $42.83 Million |
Nkr24.71 Million ≈ $2.60 Million |
0.061x | -86.94% |
| 2017-12-31 | Nkr380.86 Million ≈ $40.08 Million |
Nkr177.00 Million ≈ $18.63 Million |
0.465x | +214.44% |
| 2016-12-31 | Nkr337.87 Million ≈ $35.55 Million |
Nkr-137.21 Million ≈ $-14.44 Million |
-0.406x | -47.48% |
| 2015-12-31 | Nkr268.74 Million ≈ $28.28 Million |
Nkr-74.00 Million ≈ $-7.79 Million |
-0.275x | -- |
About 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