Nel ASA (NEL) - Cash Flow Conversion Efficiency
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 net asset quality score to measure how much of total assets are equity-financed.
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. Check Nel ASA (NEL) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Hemisphere Properties India Limited
NSE:HEMIPROP
|
0.000x |
|
Burstone Group Limited
JSE:BTN
|
0.014x |
|
Tianjin Jinbin Development
SHE:000897
|
0.007x |
|
Korea New Network Co. Ltd
KQ:058400
|
0.023x |
|
Zaptec AS
OL:ZAP
|
0.579x |
|
Bandwidth Inc
NASDAQ:BAND
|
0.057x |
|
Eaton Vance Municipal Income Closed Fund
NYSE:EVN
|
0.020x |
|
Alltek Technology Corp
TW:3209
|
0.018x |
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 Nel ASA market cap and net worth.
| 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
Nel ASA, a hydrogen company, provides solutions to produce, store, and distribute hydrogen from renewable energy in Norway and internationally. It operates in Nel Alkaline Electrolyser and Nel PEM Electrolyser segments. The Nel Alkaline Electrolyser segment supplies hydrogen production equipment based on alkaline water electrolysis technology. The Nel PEM Electrolyser segment supplies hydrogen pr… Read more