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 NEXT equity to assets ratio to measure how much of total assets are equity-financed.

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. Explore NEXT cash flow to debt ratio to assess how comfortably operating cash covers total debt 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
Alvo Minerals Ltd AU:ALV	-2.176x
New Zealand Coastal Seafoods Ltd AU:NZS	-0.786x
MT Malcolm Mines NL AU:M2M	-0.056x
Kane Biotech Inc V:KNE	0.912x
Pembroke VCT PLC LSE:PEMB	-0.009x
CaliberCos Inc. Class A Common Stock NASDAQ:CWD	-0.173x
Harfang Exploration Inc V:HAR	-0.017x
Telo Genomics Corp V:TELO	11.261x

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 Biometrics Group ASA (NEXT) market capitalisation.

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

$3.28 Million

Nkr31.16 Million NOK

Market Cap Rank

#29293 Global

#261 in Norway

Share Price

Nkr0.26

Change (1 day)

-7.14%

52-Week Range

Nkr0.23 - Nkr6.00

All Time High

Nkr146.53