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. Also see how much is Cavendish Hydrogen ASA worth for the company's overall valuation and market capitalisation.
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.
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. See CAVEN cash flow to debt ratio to evaluate how effectively operating cash flow covers total debt obligations.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Hubei Geoway Investment Co Ltd
SHG:600462
|
0.893x |
|
STS Group AG
XETRA:SF3
|
0.369x |
|
Logah Technology Corp
TW:3593
|
0.057x |
|
Ashford Hospitality Trust Inc
NYSE:AHT
|
-0.067x |
|
SUNation Energy Inc.
NASDAQ:SUNE
|
-0.054x |
|
Scage Future American Depositary Shares
NASDAQ:SCAG
|
0.142x |
|
Evoke Pharma Inc
NASDAQ:EVOK
|
-0.155x |
|
RENN Fund Inc
NYSE MKT:RCG
|
-0.001x |
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. View today's stock price for Cavendish Hydrogen ASA for real-time trading data and today's change.
| 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