Next Biometrics Group ASA (NEXT) - Cash Flow Conversion Efficiency

Latest as of June 2025: -0.241x

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. See defensive interval ratio of Next Biometrics Group ASA to measure how many days the company can operate on defensive assets alone.

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.

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
Blende Silver Corp V:BAG	-0.035x
Sapura Resources Bhd KLSE:4596	0.126x
Mr. Onion TWO:2740	0.069x
Excellon Resources Inc. TO:EXN	-0.029x
Decade Resources Ltd V:DEC	-0.028x
Xcel Brands Inc NASDAQ:XELB	-0.067x
Ainos Inc NASDAQ:AIMD	-0.113x
Nidaros Sparebank OL:NISB	N/A

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

OL:NEXT Norway Scientific & Technical Instruments

Market Cap

$12.36 Million

Nkr117.46 Million NOK

Market Cap Rank

#26515 Global

#243 in Norway

Share Price

Nkr0.98

Change (1 day)

+5.38%

52-Week Range

Nkr0.29 - Nkr6.00

All Time High

Nkr146.53