Aega ASA
Aega ASA, an energy company, focuses on solar power and renewable energy businesses in Europe. As of April 29, 2024, it owned and operated nine solar parks located in Italy, with a combined production capacity of approximately 11.8 GWh per year. The company was formerly known as Nordic Financials ASA and changed its name to Aega ASA in January 2016. Aega ASA was incorporated in 2011 and is headqu… Read more
Aega ASA (AEGA) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2024: 25.579x
Based on the latest financial reports, Aega ASA (AEGA) has a cash flow conversion efficiency ratio of 25.579x as of December 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 (Nkr2.56 Million) by net assets (Nkr100.11K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Aega ASA - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Aega 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.
Aega ASA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Aega ASA ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
FASTENAL
HM:FAS
|
0.083x |
|
Remington Resources Inc
V:RGM-H
|
N/A |
|
ARADEI CAPITAL
BC:ARADEI-CAPITAL
|
N/A |
|
DEVON ENERGY - Dusseldorf Stock Exchang
DU:DY6
|
0.115x |
|
CDN NATURAL RES
MU:CRC
|
0.075x |
|
RSL Electronics Ltd
TA:RSEL
|
0.986x |
|
DEVON ENERGY
BE:DY6
|
0.115x |
|
Nine Energy Service Inc
NYSE:NINE
|
0.104x |
Annual Cash Flow Conversion Efficiency for Aega ASA (2016–2024)
The table below shows the annual cash flow conversion efficiency of Aega ASA from 2016 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr100.11K | Nkr1.53 Million | 15.251x | +7879.85% |
| 2023-12-31 | Nkr6.72 Million | Nkr1.28 Million | 0.191x | +1056.91% |
| 2022-12-31 | Nkr8.66 Million | Nkr143.09K | 0.017x | +883.76% |
| 2021-12-31 | Nkr10.33 Million | Nkr-21.78K | -0.002x | -112.29% |
| 2020-12-31 | Nkr7.66 Million | Nkr131.26K | 0.017x | +117.31% |
| 2019-12-31 | Nkr8.27 Million | Nkr-819.45K | -0.099x | -147.32% |
| 2018-12-31 | Nkr7.10 Million | Nkr1.49 Million | 0.209x | +233.86% |
| 2017-12-31 | Nkr6.23 Million | Nkr-973.98K | -0.156x | +35.59% |
| 2016-12-31 | Nkr6.07 Million | Nkr-1.47 Million | -0.243x | -- |