Ice Fish Farm AS Cash Flow Conversion Efficiency
Ice Fish Farm AS 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. Also see IFISH market cap overview for the company's overall valuation and market capitalisation.
Cash Flow Conversion Efficiency of Ice Fish Farm AS (2017–2024)
Cash flow conversion efficiency of Ice Fish Farm AS from 2017 to 2024. This chart illustrates how Ice Fish Farm AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. View IFISH share price today for real-time trading data and today's change.
Ice Fish Farm AS Cash Flow Conversion Ratio Explained
Ice Fish Farm 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.
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. Review Ice Fish Farm AS (IFISH) free cash flow to assess how much free cash flow the company generates relative to operating cash flow.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Aluma Infrastructure Fund 2020 Ltd
TA:ALUMA
|
-0.005x |
|
Complex Micro Interconnection Co. Ltd.
TW:6835
|
-0.011x |
|
JAG Bhd
KLSE:0024
|
0.025x |
|
Telomir Pharmaceuticals, Inc. Common Stock
NASDAQ:TELO
|
-0.357x |
|
Thermaltake Technology Co Ltd
TWO:3540
|
-0.081x |
|
Viet Nam Fumigation JSC
VN:VFG
|
-0.243x |
|
Macroblock
TWO:3527
|
-0.014x |
|
Sreeleathers Limited
NSE:SREEL
|
0.037x |
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. Also see IFISH asset base for a full breakdown of the balance sheet.
| 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.