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.

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. Read Nel ASA total liabilities for a breakdown of total debt and financial obligations.

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
China Steel Chemical Corp TW:1723	0.052x
DRB - Hicom Bhd KLSE:1619	0.037x
Yinchuan Xinhua Commercial Group Co Ltd SHG:600785	0.170x
Si-Bone Inc NASDAQ:SIBN	0.014x
Baolingbao Biology Co Ltd SHE:002286	0.061x
Entero Healthcare Solutions Ltd. NSE:ENTERO	-0.023x
Telefonica Chile S.A. SN:CTC	-0.101x
VGI Public Company Limited BK:VGI	0.002x

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

$572.51 Million

Nkr5.44 Billion NOK

Market Cap Rank

#11839 Global

#86 in Norway

Share Price

Nkr2.96

Change (1 day)

+15.40%

52-Week Range

Nkr1.98 - Nkr2.96

All Time High

Nkr34.57