Norcod As Cash Flow Conversion Efficiency
Norcod As cash flow conversion efficiency. Based on the latest financial reports, Norcod As (NCOD) has a cash flow conversion efficiency ratio of -0.333x 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-70.50 Million ≈ $-7.42 Million USD) by net assets (Nkr211.41 Million ≈ $22.25 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 Norcod As market cap and net worth for the company's overall valuation and market capitalisation.
Cash Flow Conversion Efficiency of Norcod As (2019–2024)
Cash flow conversion efficiency of Norcod As from 2019 to 2024. This chart illustrates how Norcod As's cash flow conversion efficiency has evolved over time, based on yearly financial data. View NCOD stock price for real-time trading data and today's change.
Norcod As Cash Flow Conversion Ratio Explained
Norcod 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.
Norcod As Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Norcod As ranked by their cash flow conversion efficiency. Review NCOD FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Thai Plaspac Public Company Limited
BK:TPAC
|
-0.025x |
|
Arihant Superstructures Limited
NSE:ARIHANTSUP
|
-0.215x |
|
SANTA ANA GLOBAL ENTERPRISES, S
MC:STNA
|
N/A |
|
COMMERCIAL SYN BAGS ORD (BSE)
NSE:COMSYN
|
0.024x |
|
Wieson Technologies Co Ltd
TWO:6272
|
0.046x |
|
Hana Pharm Co Ltd
KO:293480
|
0.021x |
|
PCC Exol SA
WAR:PCX
|
0.056x |
|
Maiden Holdings Ltd
F:4OWA
|
-0.562x |
Annual Cash Flow Conversion Efficiency for Norcod As (2019–2024)
The table below shows the annual cash flow conversion efficiency of Norcod As from 2019 to 2024. Also see NCOD total assets for a full breakdown of the balance sheet.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr156.09 Million ≈ $16.43 Million |
Nkr-186.11 Million ≈ $-19.58 Million |
-1.192x | +9.34% |
| 2023-12-31 | Nkr224.81 Million ≈ $23.66 Million |
Nkr-295.66 Million ≈ $-31.11 Million |
-1.315x | -15.16% |
| 2022-12-31 | Nkr176.68 Million ≈ $18.59 Million |
Nkr-201.78 Million ≈ $-21.23 Million |
-1.142x | -357.12% |
| 2021-12-31 | Nkr341.05 Million ≈ $35.89 Million |
Nkr-85.20 Million ≈ $-8.97 Million |
-0.250x | +34.25% |
| 2020-12-31 | Nkr373.32 Million ≈ $39.28 Million |
Nkr-141.85 Million ≈ $-14.93 Million |
-0.380x | +62.40% |
| 2019-12-31 | Nkr29.97 Million ≈ $3.15 Million |
Nkr-30.28 Million ≈ $-3.19 Million |
-1.010x | -- |
About Norcod As
Norcod AS engages in the farming, production, operation, distribution, marketing, and sale of farmed cod products in Norway and internationally. The company was incorporated in 2018 and is headquartered in Trondheim, Norway.