Horisont Energi AS (HRGI) - 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.
Horisont Energi AS - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how Horisont Energi AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read total liabilities of Horisont Energi AS for a breakdown of total debt and financial obligations.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Dom Maklerski IDM SA
WAR:IDM
|
0.421x |
|
Newton Golf Company
NASDAQ:NWTG
|
-0.433x |
|
Killi Resources Ltd
AU:KLI
|
-0.163x |
|
Taiton Resources Ltd
AU:T88
|
-0.020x |
|
Vinny Overseas Limited
NSE:VINNY
|
0.031x |
|
Biotron Ltd
AU:BIT
|
-0.322x |
|
Fusion Fuel Green PLC
NASDAQ:HTOO
|
-0.275x |
|
Brilliant Future AB
ST:BRILL
|
-0.207x |
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. For the full company profile with market capitalisation and key ratios, see market value of Horisont Energi AS.
| 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