Nel ASA (NEL) - Cash Flow Conversion Efficiency

Latest as of June 2025: -0.023x

Based on the latest financial reports, Nel ASA (NEL) has a cash flow conversion efficiency ratio of -0.023x 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-110.97 Million ≈ $-11.68 Million USD) by net assets (Nkr4.89 Billion ≈ $514.40 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 NEL defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Nel ASA - Cash Flow Conversion Efficiency Trend (2004–2024)

This chart illustrates how Nel ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Nel ASA Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Nel ASA ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
ProCredit Holding AG & Co KGaA XETRA:PCZ	-0.342x
IEI Integration Corp TW:3022	0.073x
Ribbon Communications Inc NASDAQ:RBBN	-0.052x
DINGDONG CAYMAN 2ADR/3 A F:945	0.279x
Eastnine AB (publ) ST:EAST	0.013x
Intrepid Potash Inc NYSE:IPI	0.047x
Banco de Valores SA BA:VALO	1.856x
Unipar Carbocloro S.A SA:UNIP3	0.098x

Annual Cash Flow Conversion Efficiency for Nel ASA (2004–2024)

The table below shows the annual cash flow conversion efficiency of Nel ASA from 2004 to 2024. For the full company profile with market capitalisation and key ratios, see market cap of Nel ASA.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	Nkr4.98 Billion ≈ $523.75 Million	Nkr-241.58 Million ≈ $-25.42 Million	-0.049x	+55.08%
2023-12-31	Nkr6.20 Billion ≈ $652.18 Million	Nkr-669.67 Million ≈ $-70.47 Million	-0.108x	+14.73%
2022-12-31	Nkr5.45 Billion ≈ $573.46 Million	Nkr-690.58 Million ≈ $-72.67 Million	-0.127x	-42.06%
2021-12-31	Nkr5.04 Billion ≈ $530.22 Million	Nkr-449.46 Million ≈ $-47.30 Million	-0.089x	-125.94%
2020-12-31	Nkr5.47 Billion ≈ $575.42 Million	Nkr-215.89 Million ≈ $-22.72 Million	-0.039x	+65.16%
2019-12-31	Nkr1.85 Billion ≈ $194.32 Million	Nkr-209.23 Million ≈ $-22.02 Million	-0.113x	-25.49%
2018-12-31	Nkr1.58 Billion ≈ $166.15 Million	Nkr-142.57 Million ≈ $-15.00 Million	-0.090x	-12.60%
2017-12-31	Nkr1.41 Billion ≈ $148.31 Million	Nkr-113.02 Million ≈ $-11.89 Million	-0.080x	-57.54%
2016-12-31	Nkr671.22 Million ≈ $70.63 Million	Nkr-34.17 Million ≈ $-3.60 Million	-0.051x	+1.59%
2015-12-31	Nkr731.01 Million ≈ $76.92 Million	Nkr-37.81 Million ≈ $-3.98 Million	-0.052x	-333.04%
2014-12-31	Nkr195.94 Million ≈ $20.62 Million	Nkr4.35 Million ≈ $457.61K	0.022x	+100.54%
2013-12-31	Nkr8.68 Million ≈ $912.88K	Nkr-35.49 Million ≈ $-3.73 Million	-4.091x	-46.54%
2012-12-31	Nkr13.48 Million ≈ $1.42 Million	Nkr-37.64 Million ≈ $-3.96 Million	-2.792x	-305.24%
2011-12-31	Nkr54.98 Million ≈ $5.78 Million	Nkr-37.88 Million ≈ $-3.99 Million	-0.689x	-70.13%
2010-12-31	Nkr89.60 Million ≈ $9.43 Million	Nkr-36.28 Million ≈ $-3.82 Million	-0.405x	+66.67%
2009-12-31	Nkr29.37 Million ≈ $3.09 Million	Nkr-35.69 Million ≈ $-3.76 Million	-1.215x	-8.01%
2008-12-31	Nkr28.41 Million ≈ $2.99 Million	Nkr-31.96 Million ≈ $-3.36 Million	-1.125x	+18.98%
2007-12-31	Nkr21.05 Million ≈ $2.22 Million	Nkr-29.23 Million ≈ $-3.08 Million	-1.388x	-70.08%
2006-12-31	Nkr24.27 Million ≈ $2.55 Million	Nkr-19.81 Million ≈ $-2.08 Million	-0.816x	+34.96%
2005-12-31	Nkr13.62 Million ≈ $1.43 Million	Nkr-17.09 Million ≈ $-1.80 Million	-1.255x	-93.35%
2004-12-31	Nkr12.72 Million ≈ $1.34 Million	Nkr-8.26 Million ≈ $-868.98K	-0.649x	--

About Nel ASA

OL:NEL Norway Specialty Industrial Machinery

Market Cap

$459.36 Million

Nkr4.37 Billion NOK

Market Cap Rank

#12904 Global

#96 in Norway

Share Price

Nkr2.38

Change (1 day)

-8.12%

52-Week Range

Nkr1.98 - Nkr3.85

All Time High

Nkr34.57