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.

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. Read Aasen Sparebank balance sheet liabilities for a breakdown of total debt and financial obligations.

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
Murray International Trust LSE:MYI	0.025x
Rubicon Organics Inc V:ROMJ	0.010x
Seker Finansal Kiralama AS IS:SEKFK	0.281x
Harvard Bioscience Inc NASDAQ:HBIO	0.059x
Reservoir Link Energy Bhd KLSE:0219	-0.004x
Firefly Neuroscience, Inc. NASDAQ:AIFF	-0.154x
Przedsiebiorstwo Produkcyjno Handlowe Kompap SA WAR:KMP	0.014x
ECA KLSE:0267	0.036x

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

Nkr235.18 Million NOK

Market Cap Rank

#24353 Global

#230 in Norway

Share Price

Nkr135.96

Change (1 day)

+0.01%

52-Week Range

Nkr119.70 - Nkr149.96

All Time High

Nkr149.96