Next Biometrics Group ASA (NEXT) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Next Biometrics Group ASA (NEXT) has a cash flow conversion efficiency ratio of -0.241x 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-16.37 Million ≈ $-1.72 Million USD) by net assets (Nkr67.96 Million ≈ $7.15 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Next Biometrics Group ASA - Cash Flow Conversion Efficiency Trend (2012–2024)
This chart illustrates how Next Biometrics Group ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Next Biometrics Group ASA total liabilities for a breakdown of total debt and financial obligations.
Next Biometrics Group ASA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Next Biometrics Group ASA ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Dongbang Ship Machinery Co. Ltd
KQ:099410
|
0.042x |
|
Advance Synergy Bhd
KLSE:1481
|
0.042x |
|
Woory Industrial Holdings Co.Ltd
KQ:072470
|
0.009x |
|
Broadwind Energy Inc
NASDAQ:BWEN
|
0.013x |
|
Howden Joinery Group Plc
LSE:HWDN
|
0.168x |
|
Donkeyrepublic Holding AS
CO:DONKEY
|
0.022x |
|
DURECT CORP. DL-001
F:DC8A
|
N/A |
|
Logan Ridge Finance Corp
NASDAQ:LRFC
|
-0.015x |
Annual Cash Flow Conversion Efficiency for Next Biometrics Group ASA (2012–2024)
The table below shows the annual cash flow conversion efficiency of Next Biometrics Group ASA from 2012 to 2024. For the full company profile with market capitalisation and key ratios, see NEXT company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr118.86 Million ≈ $12.51 Million |
Nkr-61.68 Million ≈ $-6.49 Million |
-0.519x | -18.22% |
| 2023-12-31 | Nkr94.35 Million ≈ $9.93 Million |
Nkr-41.42 Million ≈ $-4.36 Million |
-0.439x | -30.15% |
| 2022-12-31 | Nkr96.00 Million ≈ $10.10 Million |
Nkr-32.38 Million ≈ $-3.41 Million |
-0.337x | +5.04% |
| 2021-12-31 | Nkr134.25 Million ≈ $14.13 Million |
Nkr-47.68 Million ≈ $-5.02 Million |
-0.355x | +57.05% |
| 2020-12-31 | Nkr97.19 Million ≈ $10.23 Million |
Nkr-80.37 Million ≈ $-8.46 Million |
-0.827x | +15.16% |
| 2019-12-31 | Nkr134.80 Million ≈ $14.18 Million |
Nkr-131.39 Million ≈ $-13.83 Million |
-0.975x | +19.49% |
| 2018-12-31 | Nkr119.29 Million ≈ $12.55 Million |
Nkr-144.42 Million ≈ $-15.20 Million |
-1.211x | -35.45% |
| 2017-12-31 | Nkr165.12 Million ≈ $17.38 Million |
Nkr-147.59 Million ≈ $-15.53 Million |
-0.894x | +20.74% |
| 2016-12-31 | Nkr177.16 Million ≈ $18.64 Million |
Nkr-199.78 Million ≈ $-21.02 Million |
-1.128x | -77.66% |
| 2015-12-31 | Nkr172.72 Million ≈ $18.18 Million |
Nkr-109.63 Million ≈ $-11.54 Million |
-0.635x | +8.47% |
| 2014-12-31 | Nkr161.61 Million ≈ $17.01 Million |
Nkr-112.07 Million ≈ $-11.79 Million |
-0.693x | -46.59% |
| 2013-12-31 | Nkr63.15 Million ≈ $6.65 Million |
Nkr-29.88 Million ≈ $-3.14 Million |
-0.473x | -125.92% |
| 2012-12-31 | Nkr-4.83 Million ≈ $-508.26K |
Nkr-8.81 Million ≈ $-927.49K |
1.825x | -- |
About Next Biometrics Group ASA
NEXT Biometrics Group ASA, together with its subsidiaries, provides fingerprint sensor technology in Asia, Europe, Africa, and North America. The company offers fingerprint sensors, sensor modules, and readers; and touchpads, face recognition software, and development kits. It sells its products to laptop and notebook, banking and finance, access control, and government ID sectors. The company al… Read more