Cavendish Hydrogen ASA Cash Flow Conversion Efficiency
Cavendish Hydrogen ASA 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.
Cash Flow Conversion Efficiency of Cavendish Hydrogen ASA (2021–2024)
Cash flow conversion efficiency of Cavendish Hydrogen ASA from 2021 to 2024. This chart illustrates how Cavendish Hydrogen ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Cavendish Hydrogen ASA stock quote for real-time trading data and today's change.
Cavendish Hydrogen ASA Cash Flow Conversion Ratio Explained
Cavendish Hydrogen 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.
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. Also see CAVEN market cap overview for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Janfusun Fancyworld
TWO:5701
|
0.066x |
|
Simris Alg AB (publ)
ST:SIMRIS-B
|
-3.330x |
|
Advanced Connection Corporation Public Company Limited
BK:ACC
|
-0.013x |
|
PIL ITALICA LIFESTYLE LIMITED
NSE:PILITA
|
-0.035x |
|
Flexion Mobile PLC
ST:FLEXM
|
0.022x |
|
Bellavista Resources Ltd
AU:BVR
|
-0.067x |
|
Grand Central Enterprises Bhd
KLSE:5592
|
-0.003x |
|
Dogusan Boru Sanayi ve Ticaret AS
IS:DOGUB
|
-0.014x |
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. Review free cash flow generation of Cavendish Hydrogen ASA 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 | 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