Norbit ASA (NORBT) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Norbit ASA (NORBT) has a cash flow conversion efficiency ratio of -0.002x as of September 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-1.90 Million ≈ $-199.93K USD) by net assets (Nkr1.25 Billion ≈ $131.90 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Norbit ASA - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Norbit ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read debt load of Norbit ASA for a breakdown of total debt and financial obligations.
Norbit ASA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Norbit ASA ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Changjiang Publishing & Media Co Ltd
SHG:600757
|
0.037x |
|
ChipMOS Technologies
TW:8150
|
0.079x |
|
Taiwan Surface Mounting Technology Corp
TW:6278
|
0.067x |
|
Adecoagro SA
NYSE:AGRO
|
0.007x |
|
Five-Star Business Finance Limited
NSE:FIVESTAR
|
0.002x |
|
Zoomlion Heavy Industry Science and Technology Co. Ltd
F:8CZ
|
0.019x |
|
EZCORP Inc
NASDAQ:EZPW
|
0.037x |
|
Shanxi Lanhua Sci-Tech Venture Co Ltd
SHG:600123
|
0.014x |
Annual Cash Flow Conversion Efficiency for Norbit ASA (2016–2024)
The table below shows the annual cash flow conversion efficiency of Norbit ASA from 2016 to 2024. For the full company profile with market capitalisation and key ratios, see how much is Norbit ASA worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr1.16 Billion ≈ $121.78 Million |
Nkr430.90 Million ≈ $45.34 Million |
0.372x | -14.61% |
| 2023-12-31 | Nkr792.80 Million ≈ $83.43 Million |
Nkr345.70 Million ≈ $36.38 Million |
0.436x | +209.26% |
| 2022-12-31 | Nkr599.30 Million ≈ $63.06 Million |
Nkr84.50 Million ≈ $8.89 Million |
0.141x | +47.17% |
| 2021-12-31 | Nkr497.89 Million ≈ $52.39 Million |
Nkr47.70 Million ≈ $5.02 Million |
0.096x | -54.57% |
| 2020-12-31 | Nkr436.76 Million ≈ $45.96 Million |
Nkr92.10 Million ≈ $9.69 Million |
0.211x | +126.93% |
| 2019-12-31 | Nkr443.58 Million ≈ $46.68 Million |
Nkr41.22 Million ≈ $4.34 Million |
0.093x | -7.45% |
| 2018-12-31 | Nkr157.91 Million ≈ $16.62 Million |
Nkr15.86 Million ≈ $1.67 Million |
0.100x | +11.48% |
| 2017-12-31 | Nkr114.86 Million ≈ $12.09 Million |
Nkr10.34 Million ≈ $1.09 Million |
0.090x | -74.88% |
| 2016-12-31 | Nkr67.88 Million ≈ $7.14 Million |
Nkr24.34 Million ≈ $2.56 Million |
0.359x | -- |
About Norbit ASA
Norbit ASA provides technology solutions to customers in a range of industries. It operates through Oceans, Connectivity, and Product Innovation and Realization segments. The company offers multibeam sonar systems, including integrated bathymetric systems, bathymetry systems, advanced monitoring systems for dredging, construction and renewables, forward looking wide area imaging, advanced imaging… Read more