Elliptic Laboratories AS Cash Flow Conversion Efficiency
Elliptic Laboratories AS cash flow conversion efficiency. Based on the latest financial reports, Elliptic Laboratories AS (ELABS) has a cash flow conversion efficiency ratio of -0.080x as of March 2026. 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-17.60 Million ≈ $-1.85 Million USD) by net assets (Nkr221.13 Million ≈ $23.27 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 Elliptic Laboratories AS (2017–2025)
Cash flow conversion efficiency of Elliptic Laboratories AS from 2017 to 2025. This chart illustrates how Elliptic Laboratories AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Elliptic Laboratories AS (ELABS) share price today for real-time trading data and today's change.
Elliptic Laboratories AS Cash Flow Conversion Ratio Explained
Elliptic Laboratories AS 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.
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. Also see ELABS stock market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Canacol Energy Ltd.
TO:CNE
|
0.124x |
|
Milux Corporation Bhd
KLSE:7935
|
-0.257x |
|
ICE FISH FARM AS NK-10
F:4YYA
|
0.013x |
|
Abnova Taiwan Corp
TW:4133
|
0.010x |
|
ATA IMS Bhd
KLSE:8176
|
0.025x |
|
Kec Holdings
KO:006200
|
0.004x |
|
HUBLine Bhd
KLSE:7013
|
-0.108x |
|
Estoril Sol SGPS SA
LS:ESON
|
0.102x |
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. Review Elliptic Laboratories AS free cash flow generation 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 |
|---|---|---|---|---|
| 2025-12-31 | Nkr189.79 Million ≈ $19.97 Million |
Nkr5.99 Million ≈ $630.74K |
0.032x | +196.87% |
| 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