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 defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
Akmerkez Gayrimenkul Yatirim Ortakligi AS
IS:AKMGY
|
0.014x |
|
Hexindo Adiperkasa Tbk
JK:HEXA
|
0.038x |
|
Crane Harbor Acquisition Corp. - Class A Ordinary Shares
NASDAQ:CHAC
|
-0.005x |
|
Evans Bancorp Inc
NYSE MKT:EVBN
|
-0.022x |
|
Tunas Baru Lampung Tbk
JK:TBLA
|
-0.100x |
|
Nucleus Software Exports Limited
NSE:NUCLEUS
|
0.137x |
|
AURORA EIENDOM NK 75
F:IL7
|
N/A |
|
GoldMining Inc
TO:GOLD
|
-0.026x |
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 stock market capitalisation.
| 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.