Akobo Minerals AB (publ) (AKOBO) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Akobo Minerals AB (publ) (AKOBO) has a cash flow conversion efficiency ratio of 0.133x as of March 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-21.00 Million ≈ $-2.21 Million USD) by net assets (Nkr-157.78 Million ≈ $-16.60 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Akobo Minerals AB (publ) - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how Akobo Minerals AB (publ)'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Read AKOBO liabilities breakdown for a breakdown of total debt and financial obligations.
Akobo Minerals AB (publ) Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Akobo Minerals AB (publ) ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
TradeDoubler AB
ST:TRAD
|
0.041x |
|
Gigas Hosting S.A
MC:GIGA
|
0.084x |
|
Chian Hsing Forging Industrial Co Ltd
TWO:4528
|
0.041x |
|
PTRB
KLSE:0260
|
-0.062x |
|
Aarti Surfactants Limited
NSE:AARTISURF
|
0.091x |
|
Anson Resources Limited
F:9MY
|
-0.046x |
|
Biokarpet S.A.
AT:BIOKA
|
0.168x |
|
First Graphene Ltd
F:M11
|
-0.111x |
Annual Cash Flow Conversion Efficiency for Akobo Minerals AB (publ) (2019–2024)
The table below shows the annual cash flow conversion efficiency of Akobo Minerals AB (publ) from 2019 to 2024. For the full company profile with market capitalisation and key ratios, see AKOBO company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr-185.56 Million ≈ $-19.53 Million |
Nkr-110.55 Million ≈ $-11.63 Million |
0.596x | -69.73% |
| 2023-12-31 | Nkr-71.82 Million ≈ $-7.56 Million |
Nkr-141.34 Million ≈ $-14.87 Million |
1.968x | +197.82% |
| 2022-12-31 | Nkr24.75 Million ≈ $2.60 Million |
Nkr-49.79 Million ≈ $-5.24 Million |
-2.012x | -2110.70% |
| 2021-12-31 | Nkr79.81 Million ≈ $8.40 Million |
Nkr-7.26 Million ≈ $-764.27K |
-0.091x | +78.19% |
| 2020-12-31 | Nkr44.88 Million ≈ $4.72 Million |
Nkr-18.73 Million ≈ $-1.97 Million |
-0.417x | +37.18% |
| 2019-12-31 | Nkr28.19 Million ≈ $2.97 Million |
Nkr-18.73 Million ≈ $-1.97 Million |
-0.664x | -- |
About Akobo Minerals AB (publ)
Akobo Minerals AB (publ) operates as a gold exploration and mining company in Ethiopia. The company holds an exploration license covering 182 square kilometers and a mining license covering 16 square kilometers located in the Gambela region and Dima Woreda, Ethiopia. It has interests in the Segele Gold and Joru Gold deposits. The company was founded in 2009 and is based in Gothenburg, Sweden.