Elliptic Laboratories AS
Elliptic Laboratories ASA, an artificial intelligence (AI) software company, engages in the provision of AI virtual smart sensors for the smartphone, laptop, Internet of Things, and automotive markets in Norway, the United States, China, South Korea, Taiwan, and Japan. The company offers AI Virtual Human Presence Sensor, a presence-detection solution used to improve the security of data stored on… Read more
Elliptic Laboratories AS (ELABS) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.023x
Based on the latest financial reports, Elliptic Laboratories AS (ELABS) has a cash flow conversion efficiency ratio of 0.023x 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 (Nkr7.05 Million) by net assets (Nkr311.18 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Elliptic Laboratories AS - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Elliptic Laboratories AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Elliptic Laboratories AS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Elliptic Laboratories AS ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Bioxyne Ltd
AU:BXN
|
-0.064x |
|
Milae Bioresources Co. Ltd
KQ:218150
|
0.048x |
|
OHTL Public Company Limited
BK:OHTL
|
0.031x |
|
Ann Joo Resources Bhd
KLSE:6556
|
0.139x |
|
Matrimony.Com Limited
NSE:MATRIMONY
|
0.117x |
|
Thachang Green Energy PCL
BK:TGE
|
0.025x |
|
Source Rock Royalties Ltd
V:SRR
|
0.053x |
|
DENTA
NSE:DENTA
|
N/A |
Annual Cash Flow Conversion Efficiency for Elliptic Laboratories AS (2017–2024)
The table below shows the annual cash flow conversion efficiency of Elliptic Laboratories AS from 2017 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr325.34 Million | Nkr-10.61 Million | -0.033x | +78.12% |
| 2023-12-31 | Nkr305.40 Million | Nkr-45.51 Million | -0.149x | -280.32% |
| 2022-12-31 | Nkr325.62 Million | Nkr-12.76 Million | -0.039x | -24.10% |
| 2021-12-31 | Nkr342.77 Million | Nkr-10.82 Million | -0.032x | +11.07% |
| 2020-12-31 | Nkr188.10 Million | Nkr-6.68 Million | -0.036x | +64.69% |
| 2019-12-31 | Nkr80.03 Million | Nkr-8.05 Million | -0.101x | +86.44% |
| 2018-12-31 | Nkr47.40 Million | Nkr-35.16 Million | -0.742x | -37.13% |
| 2017-12-31 | Nkr71.86 Million | Nkr-38.87 Million | -0.541x | -- |