Ice Fish Farm AS (IFISH) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Ice Fish Farm AS (IFISH) has a cash flow conversion efficiency ratio of -0.067x 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 (Nkr-19.40 Million ≈ $-2.04 Million USD) by net assets (Nkr289.32 Million ≈ $30.45 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Ice Fish Farm AS - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Ice Fish Farm AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read IFISH total debt and obligations for a breakdown of total debt and financial obligations.
Ice Fish Farm AS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Ice Fish Farm AS ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Gielda Praw Majatkowych Vindexus S.A.
WAR:VIN
|
0.056x |
|
Coreana Cosmetics Co.Ltd
KQ:027050
|
-0.009x |
|
Daeryuk Can Co. Ltd
KQ:004780
|
0.053x |
|
Uangel
KO:072130
|
0.044x |
|
EYG Gayrimenkul Yatirim Ortakligi A.S.
IS:EYGYO
|
0.020x |
|
ALT Telecom Public Company Limited
BK:ALT
|
-0.053x |
|
Heidelberger Beteiligungsholding AG
F:IPOK
|
N/A |
|
Omesti Bhd
KLSE:9008
|
0.764x |
Annual Cash Flow Conversion Efficiency for Ice Fish Farm AS (2017–2024)
The table below shows the annual cash flow conversion efficiency of Ice Fish Farm AS from 2017 to 2024. For the full company profile with market capitalisation and key ratios, see Ice Fish Farm AS (IFISH) total market value.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr270.46 Million ≈ $28.46 Million |
Nkr-14.84 Million ≈ $-1.56 Million |
-0.055x | -336.37% |
| 2023-12-31 | Nkr3.36 Billion ≈ $354.03 Million |
Nkr-42.31 Million ≈ $-4.45 Million |
-0.013x | -750.57% |
| 2022-12-31 | Nkr2.28 Billion ≈ $240.07 Million |
Nkr4.41 Million ≈ $464.06K |
0.002x | +66.10% |
| 2021-12-31 | Nkr1.12 Billion ≈ $118.00 Million |
Nkr1.30 Million ≈ $137.32K |
0.001x | +107.72% |
| 2020-12-31 | Nkr1.07 Billion ≈ $112.51 Million |
Nkr-16.12 Million ≈ $-1.70 Million |
-0.015x | -111.16% |
| 2019-12-31 | Nkr222.74 Million ≈ $23.44 Million |
Nkr30.09 Million ≈ $3.17 Million |
0.135x | +301.55% |
| 2018-12-31 | Nkr718.43 Million ≈ $75.60 Million |
Nkr-48.15 Million ≈ $-5.07 Million |
-0.067x | +80.08% |
| 2017-12-31 | Nkr150.13 Million ≈ $15.80 Million |
Nkr-50.51 Million ≈ $-5.32 Million |
-0.336x | -- |
About Ice Fish Farm AS
Ice Fish Farm AS engages in the salmon farming business in Iceland. It also operates smolt stations. The company was incorporated in 2020 and is headquartered in Seltjarnarnes, Iceland. Ice Fish Farm AS is a subsidiary of Måsøval Eiendom AS.