Elliptic Laboratories AS (ELABS) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Elliptic Laboratories AS (ELABS) has a cash flow conversion efficiency ratio of -0.017x as of December 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-3.32 Million ≈ $-349.46K USD) by net assets (Nkr189.79 Million ≈ $19.97 Million USD). 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 (2017–2025)
This chart illustrates how Elliptic Laboratories AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read debt load of Elliptic Laboratories AS for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
OTRS AG
F:TR9
|
0.155x |
|
Hipay Group SA
PA:ALHYP
|
0.066x |
|
Veru Inc
NASDAQ:VERU
|
-0.166x |
|
MUI Properties Bhd
KLSE:3913
|
0.757x |
|
Sol Strategies Inc. Common Shares
NASDAQ:STKE
|
-0.026x |
|
Quartz Mountain Resources Ltd
V:QZM
|
-0.198x |
|
New Advanced Electronics Technologies Co Ltd
TWO:3465
|
-0.107x |
|
Metrod Holdings Bhd
KLSE:6149
|
-0.823x |
Annual Cash Flow Conversion Efficiency for Elliptic Laboratories AS (2017–2025)
The table below shows the annual cash flow conversion efficiency of Elliptic Laboratories AS from 2017 to 2025. For the full company profile with market capitalisation and key ratios, see market value of Elliptic Laboratories AS.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | Nkr189.79 Million ≈ $19.97 Million |
Nkr-10.61 Million ≈ $-1.12 Million |
-0.056x | -71.42% |
| 2024-12-31 | Nkr325.34 Million ≈ $34.24 Million |
Nkr-10.61 Million ≈ $-1.12 Million |
-0.033x | +78.12% |
| 2023-12-31 | Nkr305.40 Million ≈ $32.14 Million |
Nkr-45.51 Million ≈ $-4.79 Million |
-0.149x | -280.32% |
| 2022-12-31 | Nkr325.62 Million ≈ $34.26 Million |
Nkr-12.76 Million ≈ $-1.34 Million |
-0.039x | -24.10% |
| 2021-12-31 | Nkr342.77 Million ≈ $36.07 Million |
Nkr-10.82 Million ≈ $-1.14 Million |
-0.032x | +11.07% |
| 2020-12-31 | Nkr188.10 Million ≈ $19.79 Million |
Nkr-6.68 Million ≈ $-702.74K |
-0.036x | +64.69% |
| 2019-12-31 | Nkr80.03 Million ≈ $8.42 Million |
Nkr-8.05 Million ≈ $-846.79K |
-0.101x | +86.44% |
| 2018-12-31 | Nkr47.40 Million ≈ $4.99 Million |
Nkr-35.16 Million ≈ $-3.70 Million |
-0.742x | -37.13% |
| 2017-12-31 | Nkr71.86 Million ≈ $7.56 Million |
Nkr-38.87 Million ≈ $-4.09 Million |
-0.541x | -- |
About 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