DOF Group ASA (DOFG) - Cash Flow Conversion Efficiency
Based on the latest financial reports, DOF Group ASA (DOFG) has a cash flow conversion efficiency ratio of 0.016x 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 (Nkr30.00 Million ≈ $3.16 Million USD) by net assets (Nkr1.86 Billion ≈ $195.83 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
DOF Group ASA - Cash Flow Conversion Efficiency Trend (2020–2024)
This chart illustrates how DOF Group ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read DOF Group ASA balance sheet liabilities for a breakdown of total debt and financial obligations.
DOF Group ASA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of DOF Group ASA ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Box Inc
NYSE:BOX
|
-0.369x |
|
Constellium SE
F:3OK
|
0.225x |
|
K.P.R. Mill Limited
NSE:KPRMILL
|
0.229x |
|
Zhongshan Broad-Ocean Motor Co Ltd
SHE:002249
|
0.004x |
|
Tonghua Golden-Horse Pharmaceutical Industry Co Ltd
SHE:000766
|
-0.003x |
|
GEK TERNA Holdings Real Estate Construction S.A
AT:GEKTERNA
|
0.030x |
|
NovaGold Resources Inc
TO:NG
|
-0.005x |
|
HARBOUR ENE.SP.ADR LS-50
F:PQQ2
|
N/A |
Annual Cash Flow Conversion Efficiency for DOF Group ASA (2020–2024)
The table below shows the annual cash flow conversion efficiency of DOF Group ASA from 2020 to 2024. For the full company profile with market capitalisation and key ratios, see market cap of DOF Group ASA.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr1.77 Billion ≈ $186.47 Million |
Nkr393.00 Million ≈ $41.35 Million |
0.222x | +69.84% |
| 2023-12-31 | Nkr1.03 Billion ≈ $108.87 Million |
Nkr135.10 Million ≈ $14.22 Million |
0.131x | -97.92% |
| 2022-12-31 | Nkr364.00 Million ≈ $38.30 Million |
Nkr2.29 Billion ≈ $240.45 Million |
6.277x | +394.78% |
| 2021-12-31 | Nkr-602.00 Million ≈ $-63.35 Million |
Nkr1.28 Billion ≈ $134.90 Million |
-2.130x | +80.80% |
| 2020-12-31 | Nkr-134.00 Million ≈ $-14.10 Million |
Nkr1.49 Billion ≈ $156.37 Million |
-11.090x | -- |
About DOF Group ASA
DOF Group ASA owns and operates a fleet of offshore and subsea vessels. The company operates through DOF Subsea Group, DOF Denmark, DOF Rederi & Iceman, Norskan Offshore, and Corporate segments. It operates a fleet of platform supply vessels (PSVs) that are used to transport freight to/from offshore platforms; anchor handling tug support (AHTS) vessels; Construction Support Vessels (CSV); Remote … Read more