Icelandic Salmon As (ISLAX) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Icelandic Salmon As (ISLAX) has a cash flow conversion efficiency ratio of -0.043x as of June 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-5.40 Million ≈ $-568.03K USD) by net assets (Nkr125.33 Million ≈ $13.19 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 Icelandic Salmon As net asset quality index to measure how much of total assets are equity-financed.
Icelandic Salmon As - Cash Flow Conversion Efficiency Trend (2016–2025)
This chart illustrates how Icelandic Salmon As's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Icelandic Salmon As (ISLAX) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
Icelandic Salmon As Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Icelandic Salmon As ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Grand Fortune Securities Co Ltd
TWO:6026
|
-0.003x |
|
Woojin
KO:105840
|
0.040x |
|
Bergbahnen Engelberg Truebsee Titlis Bet AG
SW:TIBN
|
0.062x |
|
MediWound Ltd
F:M8W
|
-0.069x |
|
Firstec
KO:010820
|
0.003x |
|
Jw Holdings
KO:096760
|
0.118x |
|
PTT Synergy Group Bhd
KLSE:7010
|
-0.233x |
|
AMA Group Limited
F:KC7
|
0.047x |
Annual Cash Flow Conversion Efficiency for Icelandic Salmon As (2016–2025)
The table below shows the annual cash flow conversion efficiency of Icelandic Salmon As from 2016 to 2025. For the full company profile with market capitalisation and key ratios, see ISLAX market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | Nkr125.00 Million ≈ $13.15 Million |
Nkr-22.09 Million ≈ $-2.32 Million |
-0.177x | -110.49% |
| 2024-12-31 | Nkr149.74 Million ≈ $15.76 Million |
Nkr-12.57 Million ≈ $-1.32 Million |
-0.084x | -131.99% |
| 2023-12-31 | Nkr152.88 Million ≈ $16.09 Million |
Nkr40.13 Million ≈ $4.22 Million |
0.263x | +225.83% |
| 2022-12-31 | Nkr144.22 Million ≈ $15.18 Million |
Nkr11.62 Million ≈ $1.22 Million |
0.081x | +4269.59% |
| 2021-12-31 | Nkr126.28 Million ≈ $13.29 Million |
Nkr-244.00K ≈ $-25.68K |
-0.002x | -121.55% |
| 2020-12-31 | Nkr108.18 Million ≈ $11.38 Million |
Nkr970.00K ≈ $102.07K |
0.009x | -92.25% |
| 2019-12-31 | Nkr66.08 Million ≈ $6.95 Million |
Nkr7.65 Million ≈ $804.79K |
0.116x | +269.99% |
| 2018-12-31 | Nkr64.44 Million ≈ $6.78 Million |
Nkr-4.39 Million ≈ $-461.74K |
-0.068x | +26.49% |
| 2017-12-31 | Nkr53.28 Million ≈ $5.61 Million |
Nkr-4.94 Million ≈ $-519.41K |
-0.093x | +54.09% |
| 2016-12-31 | Nkr54.64 Million ≈ $5.75 Million |
Nkr-11.02 Million ≈ $-1.16 Million |
-0.202x | -- |
About Icelandic Salmon As
Icelandic Salmon AS, together with its subsidiaries, engages in production, processing, and sale of salmon and salmon-based products in Europe, North America, and Asia. It is involved in the salmon farming activities. The company was founded in 2001 and is headquartered in Kverva, Norway. Icelandic Salmon AS operates as a subsidiary of SalMar ASA.