Cavendish Hydrogen ASA (CAVEN) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Cavendish Hydrogen ASA (CAVEN) has a cash flow conversion efficiency ratio of -0.092x as of September 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-5.00 Million ≈ $-526.14K USD) by net assets (Nkr54.40 Million ≈ $5.72 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See CAVEN net asset quality score to measure how much of total assets are equity-financed.
Cavendish Hydrogen ASA - Cash Flow Conversion Efficiency Trend (2021–2024)
This chart illustrates how Cavendish Hydrogen ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Cavendish Hydrogen ASA cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Cavendish Hydrogen ASA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Cavendish Hydrogen ASA ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
G11 Resources Ltd
AU:G11
|
-0.022x |
|
Dyandra Media International PT
JK:DYAN
|
-0.037x |
|
Fu Burg Industrial Co Ltd
TWO:8929
|
0.001x |
|
CodeMill AB
ST:CDMIL
|
0.052x |
|
4Sight Holdings Ltd
JSE:4SI
|
0.014x |
|
Tai Twun Enterprise Co Ltd
TW:3432
|
-0.099x |
|
Asia Economy Daily Co Ltd
KQ:127710
|
0.145x |
|
Independence Gold Corp
V:IGO
|
-0.075x |
Annual Cash Flow Conversion Efficiency for Cavendish Hydrogen ASA (2021–2024)
The table below shows the annual cash flow conversion efficiency of Cavendish Hydrogen ASA from 2021 to 2024. For the full company profile with market capitalisation and key ratios, see Cavendish Hydrogen ASA market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr73.10 Million ≈ $7.69 Million |
Nkr-24.03 Million ≈ $-2.53 Million |
-0.329x | +62.66% |
| 2023-12-31 | Nkr21.36 Million ≈ $2.25 Million |
Nkr-18.81 Million ≈ $-1.98 Million |
-0.880x | +84.28% |
| 2022-12-31 | Nkr5.75 Million ≈ $604.64K |
Nkr-32.18 Million ≈ $-3.39 Million |
-5.600x | -759.18% |
| 2021-12-31 | Nkr38.78 Million ≈ $4.08 Million |
Nkr-25.28 Million ≈ $-2.66 Million |
-0.652x | -- |
About Cavendish Hydrogen ASA
Cavendish Hydrogen ASA, a hydrogen fueling company, engages in development, production, marketing, sale, installation, commissioning, and service of equipment for fueling hydrogen to on-road vehicles in Denmark, the United States, South Korea, and Austria. The company's product includes the H2Station, which consists of various types of hydrogen fueling stations that provide fuel for fuel cell ele… Read more