Gigante Salmon AS (GIGA) - Cash Flow Conversion Efficiency
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 ≈ $972.63K USD) by net assets (Nkr711.88 Million ≈ $74.91 Million USD). 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. Read total liabilities of Gigante Salmon AS for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Golconda Gold Ltd.
V:GG
|
0.075x |
|
Kross Ltd
NSE:KROSS
|
0.011x |
|
Inclusio Sca
BR:INCLU
|
0.002x |
|
Norooholdings
KO:000320
|
0.010x |
|
Banco Alfa de Investimento S.A
SA:BRIV3
|
-1.114x |
|
Komplett AS
OL:KOMPL
|
-0.308x |
|
Guardian Capital Group Limited
TO:GCG
|
0.049x |
|
Shimmick Corporation Common Stock
NASDAQ:SHIM
|
-0.011x |
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. For the full company profile with market capitalisation and key ratios, see GIGA market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr715.76 Million ≈ $75.32 Million |
Nkr-76.95 Million ≈ $-8.10 Million |
-0.108x | -3076.90% |
| 2023-12-31 | Nkr481.51 Million ≈ $50.67 Million |
Nkr1.74 Million ≈ $182.99K |
0.004x | +113.96% |
| 2022-12-31 | Nkr279.70 Million ≈ $29.43 Million |
Nkr-7.24 Million ≈ $-761.65K |
-0.026x | -284.71% |
| 2021-12-31 | Nkr274.12 Million ≈ $28.85 Million |
Nkr-1.84 Million ≈ $-194.03K |
-0.007x | +28.44% |
| 2020-12-31 | Nkr65.28 Million ≈ $6.87 Million |
Nkr-613.68K ≈ $-64.58K |
-0.009x | -322.67% |
| 2019-12-31 | Nkr2.14 Million ≈ $224.83K |
Nkr9.02K ≈ $949.16 |
0.004x | -- |
About 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.