Aasen Sparebank (AASB) - Cash Flow Conversion Efficiency

Latest 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 ≈ $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. See AASB defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

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.

Company	Cash Flow Conversion Efficiency
Western Gold Resources Ltd AU:WGR	-0.890x
Atech OEM TWO:6109	-0.036x
Perdana Gapura Prima Tbk JK:GPRA	-0.009x
Transmetro Corporation Ltd AU:TCO	0.164x
VERDE AGRITECH LTD -3918 F:T48	N/A
SFD SA ZY -10 F:7PQ	0.072x
Enerside Energy S.A. MC:ENRS	-2.096x
Axteria Group Bhd KLSE:7120	-0.024x

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. For the full company profile with market capitalisation and key ratios, see market value of Aasen Sparebank.

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

OL:AASB Norway Banks - Regional

Market Cap

$24.75 Million

Nkr235.25 Million NOK

Market Cap Rank

#24435 Global

#226 in Norway

Share Price

Nkr136.00

Change (1 day)

+0.00%

52-Week Range

Nkr119.70 - Nkr149.96

All Time High

Nkr149.96