Edda Wind ASA (EWIND) - Cash Flow Conversion Efficiency

Latest as of March 2025: 0.018x

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. Also see market cap of Edda Wind ASA for the company's overall valuation and market capitalisation.

Edda Wind ASA - Cash Flow Conversion Efficiency Trend (2018–2024)

This chart illustrates how Edda Wind ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data.

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. Explore cash flow quality index of Edda Wind ASA to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
British American Tobacco Malaysia Bhd KLSE:4162	-0.005x
Electrovaya Inc. TO:ELVA	0.023x
Capital A Berhad KLSE:5099	0.123x
Omni Bridgeway Ltd AU:OBL	0.027x
XinJiang Beiken Energy Engineering Stock Co Ltd SHE:002828	0.068x
Beijing Sanfo Outdoor Products Co Ltd SHE:002780	-0.027x
Kis Wire KO:002240	0.016x
Drugs Made In America Acquisition Corp. Units NASDAQ:DMAAU	-0.001x

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. View Edda Wind ASA share price for real-time trading data and today's change.

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

OL:EWIND Norway Oil & Gas Equipment & Services

Market Cap

$308.89 Million

Nkr2.94 Billion NOK

Market Cap Rank

#14730 Global

#117 in Norway

Share Price

Nkr22.70

Change (1 day)

+0.00%

52-Week Range

Nkr22.70 - Nkr22.70

All Time High

Nkr35.50