Aqua Bio Technology ASA
Aqua Bio Technology ASA engages in the manufacture and sale of ingredients for cosmetic industry in Norway. It offers Aquabeautine XL, a proprietary ingredient for skincare products; and Spirulysat, an antioxidant and vitamin-boosted spirulina for cosmetic use. The company distributes its products through Internet, stores, and skincare clinics. Aqua Bio Technology ASA was founded in 2000 and is b… Read more
Aqua Bio Technology ASA (ABTEC) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: -0.295x
Based on the latest financial reports, Aqua Bio Technology ASA (ABTEC) has a cash flow conversion efficiency ratio of -0.295x as of June 2024.
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 (Nkr-33.62 Million) by net assets (Nkr113.94 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Aqua Bio Technology ASA - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how Aqua Bio Technology ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Aqua Bio Technology ASA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Aqua Bio Technology ASA ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Sona Topas Tourism Industry
JK:SONA
|
0.066x |
|
UCAL Limited
NSE:UCAL
|
N/A |
|
Straits Inter Logistics Bhd
KLSE:0080
|
0.154x |
|
Ekopak BV
BR:EKOP
|
-0.210x |
|
Vape Holdings Inc
NASDAQ:VAPE
|
-0.091x |
|
Focus Dynamics Group Bhd
KLSE:0116
|
0.016x |
|
AddTech Hub Public Company Limited
BK:ADD
|
0.043x |
|
Dextech Medical AB
F:LQ0
|
0.008x |
Annual Cash Flow Conversion Efficiency for Aqua Bio Technology ASA (2016–2023)
The table below shows the annual cash flow conversion efficiency of Aqua Bio Technology ASA from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | Nkr85.78 Million | Nkr-19.27 Million | -0.225x | +97.29% |
| 2022-12-31 | Nkr1.86 Million | Nkr-15.45 Million | -8.304x | -640.75% |
| 2021-12-31 | Nkr18.71 Million | Nkr-20.97 Million | -1.121x | +30.05% |
| 2020-12-31 | Nkr8.32 Million | Nkr-13.34 Million | -1.603x | +31.75% |
| 2019-12-31 | Nkr7.32 Million | Nkr-17.19 Million | -2.348x | -102.69% |
| 2018-12-31 | Nkr-197.16K | Nkr-17.23 Million | 87.376x | +20675.07% |
| 2017-12-31 | Nkr38.53 Million | Nkr-16.36 Million | -0.425x | -201.72% |
| 2016-12-31 | Nkr61.77 Million | Nkr25.79 Million | 0.418x | -- |