Edda Wind ASA Cash Flow Conversion Efficiency
Edda Wind ASA cash flow conversion efficiency. Based on the latest financial reports, Edda Wind ASA (EWIND) has a cash flow conversion efficiency ratio of 0.018x 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 (Nkr5.92 Million ≈ $622.95K USD) by net assets (Nkr332.40 Million ≈ $34.98 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 Edda Wind ASA (2018–2024)
Cash flow conversion efficiency of Edda Wind ASA from 2018 to 2024. This chart illustrates how Edda Wind ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. View EWIND stock price and chart for real-time trading data and today's change.
Edda Wind ASA Cash Flow Conversion Ratio Explained
Edda Wind ASA 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.
Edda Wind ASA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Edda Wind ASA ranked by their cash flow conversion efficiency. Also see market value of Edda Wind ASA for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Hynar Water Group Co. Ltd.
SHE:300961
|
N/A |
|
Ningbo Color Master Batch Co. Ltd.
SHE:301019
|
0.030x |
|
Oponeo.pl SA
WAR:OPN
|
-0.042x |
|
Chin Hin Group Property Bhd
KLSE:7187
|
-0.065x |
|
CapMan Oyj B
HE:CAPMAN
|
-0.087x |
|
Drugs Made In America Acquisition Corp. Units
NASDAQ:DMAAU
|
-0.001x |
|
TRX Gold Corporation
TO:TRX
|
0.079x |
|
Funeng Oriental Equipment Technology Co Ltd
SHE:300173
|
0.010x |
Annual Cash Flow Conversion Efficiency for Edda Wind ASA (2018–2024)
The table below shows the annual cash flow conversion efficiency of Edda Wind ASA from 2018 to 2024. Review EWIND 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 |
|---|---|---|---|---|
| 2024-12-31 | Nkr330.28 Million ≈ $34.75 Million |
Nkr18.80 Million ≈ $1.98 Million |
0.057x | +223.76% |
| 2023-12-31 | Nkr284.88 Million ≈ $29.98 Million |
Nkr-13.10 Million ≈ $-1.38 Million |
-0.046x | -191.56% |
| 2022-12-31 | Nkr183.68 Million ≈ $19.33 Million |
Nkr9.22 Million ≈ $970.74K |
0.050x | +36.85% |
| 2021-12-31 | Nkr184.33 Million ≈ $19.40 Million |
Nkr6.76 Million ≈ $711.87K |
0.037x | -77.51% |
| 2020-12-31 | Nkr63.18 Million ≈ $6.65 Million |
Nkr10.31 Million ≈ $1.09 Million |
0.163x | -36.68% |
| 2019-12-31 | Nkr34.47 Million ≈ $3.63 Million |
Nkr8.88 Million ≈ $934.85K |
0.258x | +528.93% |
| 2018-12-31 | Nkr29.65 Million ≈ $3.12 Million |
Nkr1.22 Million ≈ $127.85K |
0.041x | -- |
About Edda Wind ASA
Edda Wind ASA develops, builds, owns, operates, and charters out purpose-built service operation vessels (SOVs) and commissioning service operation vessels (CSOVs) for offshore wind farms and maritime operations worldwide. It owns and operates three purpose-built SOVs; five CSOVs; and has 5 CSOVs offshore wind vessels under construction. The company was founded in 2015 and is headquartered in Hau… Read more