Norbit ASA Cash Flow Conversion Efficiency
Norbit ASA 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.
Cash Flow Conversion Efficiency of Norbit ASA (2016–2024)
Cash flow conversion efficiency of Norbit ASA from 2016 to 2024. This chart illustrates how Norbit ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Norbit ASA stock quote for real-time trading data and today's change.
Norbit ASA Cash Flow Conversion Ratio Explained
Norbit ASA cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Norbit ASA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Norbit ASA ranked by their cash flow conversion efficiency. Also see Norbit ASA (NORBT) total market value for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Icade SA
PA:ICAD
|
0.027x |
|
Shunsin Technology Holdings Ltd
TW:6451
|
-0.044x |
|
Meren Energy
ST:MER
|
0.166x |
|
Platinum Asset Management Ltd
AU:PTM
|
0.138x |
|
Qingdao Port International Co. Ltd
F:0QP
|
0.037x |
|
Wuhan East Lake High Technology Group Co Ltd
SHG:600133
|
-0.006x |
|
Jiangsu Hengshun Vinegar-Industry Co Ltd
SHG:600305
|
0.024x |
|
Fras-le S.A
SA:FRAS3
|
0.130x |
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. Review NORBT FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.
| 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