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. Also see AKOBO stock market capitalisation for the company's overall valuation and market capitalisation.
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. View Akobo Minerals AB (publ) stock quote for real-time trading data and today's change.
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. Review AKOBO FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Focus Lighting and Fixtures Limited
NSE:FOCUS
|
0.152x |
|
Brand Engagement Network Inc
NASDAQ:BNAI
|
-0.512x |
|
Ege Seramik Sanayi ve Ticaret AS
IS:EGSER
|
-0.103x |
|
Maoye International Holdings Limited
F:5MIA
|
0.025x |
|
Arovella Therapeutics Ltd
AU:ALA
|
-0.090x |
|
Comtech Telecommunications Corp
NASDAQ:CMTL
|
0.023x |
|
White Cliff Minerals Ltd
AU:WCN
|
-0.510x |
|
Peoplein Ltd
AU:PPE
|
0.110x |
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. Also see AKOBO total asset value for a full breakdown of the balance sheet.
| 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.