CodeLab Capital A/S (CODE) - Cash Flow Conversion Efficiency
Based on the latest financial reports, CodeLab Capital A/S (CODE) has a cash flow conversion efficiency ratio of -0.160x as of June 2024. 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-16.31 Million ≈ $-1.72 Million USD) by net assets (Nkr102.24 Million ≈ $10.76 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 how leveraged is CodeLab Capital A/S's balance sheet to measure how much of total assets are equity-financed.
CodeLab Capital A/S - Cash Flow Conversion Efficiency Trend (2021–2025)
This chart illustrates how CodeLab Capital A/S's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check CodeLab Capital A/S earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
CodeLab Capital A/S Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of CodeLab Capital A/S ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Cemtrex Inc
NASDAQ:CETX
|
-0.127x |
|
Qualigen Therapeutics Inc
NASDAQ:QLGN
|
-0.056x |
|
Foresight Solar Fund Ltd
LSE:FSFL
|
0.015x |
|
Masivo Silver Corp
V:MASS
|
-10.665x |
|
KST Beteiligungs AG
F:KSW
|
N/A |
|
JPMorgan Asia Growth & Income plc
LSE:JAGI
|
0.008x |
|
Polar Capital Global Financials Trust plc
LSE:PCFT
|
0.010x |
|
Bluelinea SA
PA:ALBLU
|
-0.615x |
Annual Cash Flow Conversion Efficiency for CodeLab Capital A/S (2021–2025)
The table below shows the annual cash flow conversion efficiency of CodeLab Capital A/S from 2021 to 2025. For the full company profile with market capitalisation and key ratios, see market value of CodeLab Capital A/S.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | Nkr29.36 Million ≈ $3.09 Million |
Nkr-13.22 Million ≈ $-1.39 Million |
-0.450x | +85.70% |
| 2024-12-31 | Nkr17.91 Million ≈ $1.88 Million |
Nkr-56.39 Million ≈ $-5.93 Million |
-3.149x | -608.83% |
| 2023-12-31 | Nkr133.55 Million ≈ $14.05 Million |
Nkr-59.34 Million ≈ $-6.24 Million |
-0.444x | -141.77% |
| 2022-12-31 | Nkr599.42 Million ≈ $63.08 Million |
Nkr-110.16 Million ≈ $-11.59 Million |
-0.184x | -296.19% |
| 2021-12-31 | Nkr750.90 Million ≈ $79.02 Million |
Nkr-34.83 Million ≈ $-3.67 Million |
-0.046x | -- |
About CodeLab Capital A/S
CodeLab Capital AS provides software development tools in Norway and internationally. The company was formerly known as PatientSky Group AS and changed its name to CodeLab Capital AS in May 2023. CodeLab Capital AS was founded in 2014 and is headquartered in Trondheim, Norway.