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. Also see how much is Next Biometrics Group ASA worth for the company's overall valuation and market capitalisation.

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. See NEXT operating cash to total liabilities to evaluate how effectively operating cash flow covers total debt obligations.

Company	Cash Flow Conversion Efficiency
Morarjee Textiles Limited NSE:MORARJEE	-0.006x
AEST.MED.INT.HLD.SP.ADR/3 F:3FMA	N/A
Ridgetech, Inc. NASDAQ:RDGT	-0.165x
Azitra Inc NYSE MKT:AZTR	-0.761x
Marvel Discovery Corp V:MARV	0.000x
Eagle Pharmaceuticals Inc NASDAQ:EGRX	0.000x
Ashtead Technology Holdings PLC LSE:AT	0.233x
New Zealand Coastal Seafoods Ltd AU:NZS	-0.786x

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. View NEXT live share price for real-time trading data and today's change.

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

$3.29 Million

Nkr31.28 Million NOK

Market Cap Rank

#29405 Global

#262 in Norway

Share Price

Nkr0.26

Change (1 day)

-1.14%

52-Week Range

Nkr0.23 - Nkr6.00

All Time High

Nkr146.53