Gigante Salmon AS (GIGA) - Cash Flow Conversion Efficiency

Latest 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 ≈ $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. See GIGA net asset quality index to measure how much of total assets are equity-financed.

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. Check Gigante Salmon AS earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.

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
Global Graphics PLC BR:HYSG	0.061x
Bike24 Holding AG F:BIKE	0.059x
Amicorp FS (UK) PLC LSE:AMIF	N/A
Haesung Industrial Co. Ltd KQ:034810	0.020x
Dwi Guna Laksana Tbk PT JK:DWGL	-0.045x
China Harmony Auto Holding Limited F:HA5	0.043x
Amadeus Fire AG XETRA:AAD	0.015x
Amber International Holding Limited NASDAQ:AMBR	-0.008x

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.

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

OL:GIGA Norway Farm Products

Market Cap

$123.63 Million

Nkr1.17 Billion NOK

Market Cap Rank

#18339 Global

#156 in Norway

Share Price

Nkr6.86

Change (1 day)

-2.28%

52-Week Range

Nkr6.14 - Nkr10.35

All Time High

Nkr12.00