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 -0.080x 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. See net asset quality index of Elliptic Laboratories AS to measure how much of total assets are equity-financed.
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. Check Elliptic Laboratories AS (ELABS) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
CMR S.A.B. de C.V
MX:CMRB
|
0.393x |
|
Compal Broadband Networks Inc
TW:6674
|
-0.089x |
|
Mega Matrix Corp.
NYSE MKT:MPU
|
-0.134x |
|
Yooshin Engineering Corporation
KQ:054930
|
0.157x |
|
Asia Metal Public Company Limited
BK:AMC
|
0.077x |
|
Ymc Co. Ltd
KQ:155650
|
-0.010x |
|
Eurotel SA
WAR:ETL
|
0.124x |
|
FreeMs Corporation
KQ:053160
|
-0.003x |
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 Elliptic Laboratories AS stock valuation.
| 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