Hynion AS (HYN) - Cash Flow Conversion Efficiency
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 ≈ $105.89K USD) by net assets (Nkr16.46 Million ≈ $1.73 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 Hynion AS net asset quality index to measure how much of total assets are equity-financed.
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. Check how aggressively does Hynion AS reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
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 |
|---|---|
|
Castings PLC
LSE:CGS
|
0.124x |
|
Viver Incorporadora e Construtora S.A
SA:VIVR3
|
-0.166x |
|
Golden Cross Resources Ltd
AU:GCR
|
-0.046x |
|
Oncternal Therapeutics Inc
NASDAQ:ONCT
|
-0.760x |
|
Kingman Minerals Ltd
V:KGS
|
-0.113x |
|
CMC Metals Ltd
V:CMB
|
0.022x |
|
Nortec Minerals Corp
V:NVT
|
0.397x |
|
Digjam Limited
NSE:DIGJAMLTD
|
-0.688x |
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. For the full company profile with market capitalisation and key ratios, see HYN company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | Nkr25.91 Million ≈ $2.73 Million |
Nkr-22.33 Million ≈ $-2.35 Million |
-0.862x | -90.16% |
| 2022-12-31 | Nkr55.70 Million ≈ $5.86 Million |
Nkr-25.24 Million ≈ $-2.66 Million |
-0.453x | -32.36% |
| 2021-12-31 | Nkr56.32 Million ≈ $5.93 Million |
Nkr-19.28 Million ≈ $-2.03 Million |
-0.342x | +60.52% |
| 2020-12-31 | Nkr6.99 Million ≈ $735.62K |
Nkr-6.06 Million ≈ $-637.99K |
-0.867x | -- |
About 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