Gigante Salmon AS
Gigante Salmon AS engages in the land-based salmon farming business in Norway. The company was incorporated in 2001 and is headquartered in Bodø, Norway.
Gigante Salmon AS (GIGA) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2025: 0.013x
Based on the latest financial reports, Gigante Salmon AS (GIGA) has a cash flow conversion efficiency ratio of 0.013x as of June 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 (Nkr9.24 Million) by net assets (Nkr711.88 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Gigante Salmon AS - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how Gigante Salmon AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Gigante Salmon AS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Gigante Salmon AS ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
United Recommend International Co Ltd
TWO:5321
|
0.224x |
|
199480
KQ:199480
|
0.157x |
|
Decidr Ai Industries Ltd
AU:DAI
|
-0.079x |
|
PPYA GR.OPP.I (1A+1/2W.)
F:CC40
|
N/A |
|
Foremost Lithium Resource & Technology Ltd. Common stock
NASDAQ:FMST
|
-0.050x |
|
Mogo Inc
NASDAQ:MOGO
|
0.039x |
|
Flint Telecom Group
PINK:EAXR
|
-0.482x |
|
AV Tech Corp
TW:8072
|
-0.020x |
Annual Cash Flow Conversion Efficiency for Gigante Salmon AS (2019–2024)
The table below shows the annual cash flow conversion efficiency of Gigante Salmon AS from 2019 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr715.76 Million | Nkr-76.95 Million | -0.108x | -3076.90% |
| 2023-12-31 | Nkr481.51 Million | Nkr1.74 Million | 0.004x | +113.96% |
| 2022-12-31 | Nkr279.70 Million | Nkr-7.24 Million | -0.026x | -284.71% |
| 2021-12-31 | Nkr274.12 Million | Nkr-1.84 Million | -0.007x | +28.44% |
| 2020-12-31 | Nkr65.28 Million | Nkr-613.68K | -0.009x | -322.67% |
| 2019-12-31 | Nkr2.14 Million | Nkr9.02K | 0.004x | -- |