Havila Kystruten AS (HKY) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Havila Kystruten AS (HKY) has a cash flow conversion efficiency ratio of -0.034x as of September 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 (Nkr41.59 Million ≈ $4.38 Million USD) by net assets (Nkr-1.23 Billion ≈ $-129.69 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 Havila Kystruten AS (HKY) liquidity interval to measure how many days the company can operate on defensive assets alone.
Havila Kystruten AS - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how Havila Kystruten AS's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Havila Kystruten AS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Havila Kystruten AS ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
CastleNet Technology
TWO:8059
|
-0.066x |
|
N. Varveris-Moda Bagno S.A
AT:MODA
|
0.043x |
|
Khonburi Sugar Public Company Limited
BK:KBS
|
0.252x |
|
I-Berhad
KLSE:4251
|
0.032x |
|
Xtract One Technologies Inc.
TO:XTRA
|
-0.220x |
|
Klil Industries Ltd
TA:KLIL
|
0.041x |
|
M.I.TECH Co.Ltd
KQ:179290
|
0.047x |
|
HyVision System. Inc
KQ:126700
|
-0.033x |
Annual Cash Flow Conversion Efficiency for Havila Kystruten AS (2019–2024)
The table below shows the annual cash flow conversion efficiency of Havila Kystruten AS from 2019 to 2024. For the full company profile with market capitalisation and key ratios, see HKY company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr-322.40 Million ≈ $-33.93 Million |
Nkr262.84 Million ≈ $27.66 Million |
-0.815x | -119.48% |
| 2023-12-31 | Nkr465.53 Million ≈ $48.99 Million |
Nkr-172.92 Million ≈ $-18.20 Million |
-0.371x | +34.29% |
| 2022-12-31 | Nkr612.95 Million ≈ $64.50 Million |
Nkr-346.49 Million ≈ $-36.46 Million |
-0.565x | -913.20% |
| 2021-12-31 | Nkr995.28 Million ≈ $104.73 Million |
Nkr-55.53 Million ≈ $-5.84 Million |
-0.056x | +77.61% |
| 2020-12-31 | Nkr224.91 Million ≈ $23.67 Million |
Nkr-56.04 Million ≈ $-5.90 Million |
-0.249x | -19.77% |
| 2019-12-31 | Nkr281.08 Million ≈ $29.58 Million |
Nkr-58.47 Million ≈ $-6.15 Million |
-0.208x | -- |
About Havila Kystruten AS
Havila Kystruten AS operates as a shipping company in Norway. The company offers voyages and onboard travel services, as well as activities. It also sells food, souvenirs, and other products on board the ships. The company was founded in 2017 and is headquartered in Fosnavåg, Norway. Havila Kystruten AS is a subsidiary of Havila Holding AS.