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 Aasen Sparebank balance sheet quality to measure how much of total assets are equity-financed.

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. Check Aasen Sparebank earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.

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
Thorney Technologies Ltd AU:TEK	-0.024x
Indah Prakasa Sentosa PT Tbk JK:INPS	-0.124x
Brand Concepts Limited NSE:BCONCEPTS	-0.239x
ecotel communication ag XETRA:E4C	0.059x
Proximar Seafood AS OL:PROXI	-0.204x
Argent Minerals Ltd AU:ARD	-0.260x
GEE Group Inc NYSE MKT:JOB	-0.024x
Cowealth Medical Holding Co Ltd TWO:4745	-0.095x

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 AASB market cap overview.

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

$25.30 Million

Nkr240.44 Million NOK

Market Cap Rank

#24286 Global

#224 in Norway

Share Price

Nkr139.00

Change (1 day)

+0.00%

52-Week Range

Nkr119.70 - Nkr149.96

All Time High

Nkr149.96