Aasen Sparebank Cash Flow Conversion Efficiency

Latest as of June 2019: 0.035x

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

OL:AASB Norway Banks - Regional
Market Cap
$25.12 Million
Nkr238.71 Million NOK
Market Cap Rank
#24210 Global
#223 in Norway
Share Price
Nkr138.00
Change (1 day)
+0.00%
52-Week Range
Nkr124.50 - Nkr149.96
All Time High
Nkr149.96
About

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