Horisont Energi AS Cash Flow Conversion Efficiency
Horisont Energi AS cash flow conversion efficiency. Based on the latest financial reports, Horisont Energi AS (HRGI) has a cash flow conversion efficiency ratio of -1.335x as of December 2024. 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 (Nkr-109.36 Million ≈ $-11.51 Million USD) by net assets (Nkr81.89 Million ≈ $8.62 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Horisont Energi AS (2019–2024)
Cash flow conversion efficiency of Horisont Energi AS from 2019 to 2024. This chart illustrates how Horisont Energi AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. View today's stock price for Horisont Energi AS for real-time trading data and today's change.
Horisont Energi AS Cash Flow Conversion Ratio Explained
Horisont Energi AS cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Horisont Energi AS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Horisont Energi AS ranked by their cash flow conversion efficiency. Also see HRGI market cap for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Equity Development Investment
JK:GSMF
|
-0.023x |
|
PT Sunter Lakeside Hotel Tbk
JK:SNLK
|
0.004x |
|
Torr Metals Inc
V:TMET
|
-0.067x |
|
Rathdowney Resources Ltd
V:RTH
|
0.013x |
|
Polar Capital Global Healthcare Trust plc
LSE:PCGH
|
-0.003x |
|
Novatti Group Ltd
AU:NOV
|
-0.021x |
|
Mega Polietilen Kopuk Sanayi ve Ticaret AS
IS:MEGAP
|
-0.371x |
|
Pacific Assets Trust plc
LSE:PAC
|
0.000x |
Annual Cash Flow Conversion Efficiency for Horisont Energi AS (2019–2024)
The table below shows the annual cash flow conversion efficiency of Horisont Energi AS from 2019 to 2024. Review HRGI financial flexibility index to assess the company's free cash flow relative to its total liabilities.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr81.89 Million ≈ $8.62 Million |
Nkr-109.36 Million ≈ $-11.51 Million |
-1.335x | -38.91% |
| 2023-12-31 | Nkr191.49 Million ≈ $20.15 Million |
Nkr-184.10 Million ≈ $-19.37 Million |
-0.961x | -219.68% |
| 2022-12-31 | Nkr383.18 Million ≈ $40.32 Million |
Nkr-115.24 Million ≈ $-12.13 Million |
-0.301x | +45.05% |
| 2021-12-31 | Nkr95.92 Million ≈ $10.09 Million |
Nkr-52.50 Million ≈ $-5.52 Million |
-0.547x | -103.79% |
| 2020-12-31 | Nkr-637.03K ≈ $-67.03K |
Nkr-9.20 Million ≈ $-968.33K |
14.445x | +556.98% |
| 2019-12-31 | Nkr-214.03K ≈ $-22.52K |
Nkr-470.60K ≈ $-49.52K |
2.199x | -- |
About Horisont Energi AS
NOS Nova AS operates as a clean energy company in Norway. The company offers clean ammonia and hydrogen; carbon transport and storage services; and midstream CCS infrastructure, such as carbon dioxide terminals and pipelines. Its projects include the Gismarvik CO2 hub in Rogaland, Norway; the Barents Blue clean ammonia plant that produces ammonia from clean water, renewable energy, and low-carbon… Read more