Aasen Sparebank Cash Flow Conversion Efficiency
Aasen Sparebank 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.
Cash Flow Conversion Efficiency of Aasen Sparebank (2015–2024)
Cash flow conversion efficiency of Aasen Sparebank from 2015 to 2024. This chart illustrates how Aasen Sparebank's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Aasen Sparebank stock price for real-time trading data and today's change.
Aasen Sparebank Cash Flow Conversion Ratio Explained
Aasen Sparebank cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Aasen Sparebank Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Aasen Sparebank ranked by their cash flow conversion efficiency. Also see AASB company net worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
LMS Co. Ltd
KQ:073110
|
-0.071x |
|
Eagle Veterinary Technology Co.Ltd
KQ:044960
|
0.027x |
|
Bayu Buana Tbk
JK:BAYU
|
-0.131x |
|
Asia Poly Holdings Bhd
KLSE:0105
|
0.030x |
|
Mogo Inc
TO:MOGO
|
0.039x |
|
Korea Eng Cons
KO:023350
|
-0.096x |
|
Shenzhen Textile Holdings Co Ltd
SHE:200045
|
0.012x |
|
Demisas Dokum Emaye Mamulleri Sanayi AS
IS:DMSAS
|
-0.026x |
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. Review AASB free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.
| 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