Airthings ASA Cash Flow Conversion Efficiency
Airthings ASA cash flow conversion efficiency. Based on the latest financial reports, Airthings ASA (AIRX) has a cash flow conversion efficiency ratio of -0.177x as of June 2025. 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-3.82 Million ≈ $-401.87K USD) by net assets (Nkr21.56 Million ≈ $2.27 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 Airthings ASA (2017–2024)
Cash flow conversion efficiency of Airthings ASA from 2017 to 2024. This chart illustrates how Airthings ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. View current stock price of Airthings ASA for real-time trading data and today's change.
Airthings ASA Cash Flow Conversion Ratio Explained
Airthings ASA 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.
Airthings ASA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Airthings ASA ranked by their cash flow conversion efficiency. Also see AIRX company net worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Samil Co.Ltd
KQ:032280
|
0.015x |
|
Hang Feng Technology Innovation Co., Ltd.
NASDAQ:FOFO
|
N/A |
|
Vital Metals Ltd
AU:VML
|
-0.022x |
|
JOY SPREADER GROUP INC.
F:5YN
|
N/A |
|
Pintec Technology Holdings Ltd
NASDAQ:PT
|
4.634x |
|
Ark Mines Ltd
AU:AHK
|
-0.048x |
|
ADTIGER CORP.LTD.DL-0005
F:55U
|
N/A |
|
Koonenberry Gold Ltd
AU:KNB
|
-0.040x |
Annual Cash Flow Conversion Efficiency for Airthings ASA (2017–2024)
The table below shows the annual cash flow conversion efficiency of Airthings ASA from 2017 to 2024. Review how much free cash does Airthings ASA generate 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 | Nkr28.44 Million ≈ $2.99 Million |
Nkr-1.96 Million ≈ $-206.35K |
-0.069x | +66.95% |
| 2023-12-31 | Nkr50.26 Million ≈ $5.29 Million |
Nkr-10.49 Million ≈ $-1.10 Million |
-0.209x | +52.07% |
| 2022-12-31 | Nkr50.93 Million ≈ $5.36 Million |
Nkr-22.17 Million ≈ $-2.33 Million |
-0.435x | -85.98% |
| 2021-12-31 | Nkr67.84 Million ≈ $7.14 Million |
Nkr-15.88 Million ≈ $-1.67 Million |
-0.234x | -167.59% |
| 2020-12-31 | Nkr659.83 Million ≈ $69.43 Million |
Nkr-57.72 Million ≈ $-6.07 Million |
-0.087x | +75.10% |
| 2019-12-31 | Nkr97.51 Million ≈ $10.26 Million |
Nkr-34.25 Million ≈ $-3.60 Million |
-0.351x | +1.68% |
| 2018-12-31 | Nkr49.25 Million ≈ $5.18 Million |
Nkr-17.59 Million ≈ $-1.85 Million |
-0.357x | -908.95% |
| 2017-12-31 | Nkr49.48 Million ≈ $5.21 Million |
Nkr-1.75 Million ≈ $-184.36K |
-0.035x | -- |
About Airthings ASA
Airthings ASA, a hardware-enabled software company, engages in the development of products and systems for monitoring indoor air quality, radon, and energy efficiency worldwide. It operates through Consumer, Business, and Professional segments. The Consumer segment sells air quality sensors to private customers through retail and e-commerce. The Business segment provides air quality solutions to … Read more