Hynion AS
Hynion AS, together with its subsidiaries, operates as a hydrogen fuel company in Norway and Sweden. It sells hydrogen fuels to personal vehicles, taxis, busses, and trucks through hydrogen refueling stations; and sells turn-key hydrogen refueling station. The company was formerly known as Hydrogenisk AS and changed its name to Hynion AS in September 2019. Hynion AS was incorporated in 2019 and i… Read more
Hynion AS (HYN) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 0.061x
Based on the latest financial reports, Hynion AS (HYN) has a cash flow conversion efficiency ratio of 0.061x as of June 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 (Nkr1.01 Million) by net assets (Nkr16.46 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Hynion AS - Cash Flow Conversion Efficiency Trend (2020–2023)
This chart illustrates how Hynion AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Hynion AS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Hynion AS ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
NETGEAR
MU:NGJ
|
0.196x |
|
LAGARDERE SCA N - Dusseldorf Stock Exchang
DU:LAG
|
N/A |
|
REAI
NASDAQ:REAI
|
N/A |
|
FinecoBank SpA
DU:ZS3
|
N/A |
|
Barings Corporate Investors
NYSE:MCI
|
0.013x |
|
BIX USA Aktier ESG Universal A
CO:BXIUU
|
N/A |
|
HECLA MINING - Dusseldorf Stock Exchang
DU:HCL
|
0.040x |
|
Kolon Industries Inc. Pfd. Series 1
KQ:120115
|
N/A |
Annual Cash Flow Conversion Efficiency for Hynion AS (2020–2023)
The table below shows the annual cash flow conversion efficiency of Hynion AS from 2020 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | Nkr25.91 Million | Nkr-22.33 Million | -0.862x | -90.16% |
| 2022-12-31 | Nkr55.70 Million | Nkr-25.24 Million | -0.453x | -32.36% |
| 2021-12-31 | Nkr56.32 Million | Nkr-19.28 Million | -0.342x | +60.52% |
| 2020-12-31 | Nkr6.99 Million | Nkr-6.06 Million | -0.867x | -- |