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. See Norbit ASA balance sheet independence to measure how much of total assets are equity-financed.
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. Check NORBT cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
ChemoMetec A/S
CO:CHEMM
|
0.139x |
|
Aura Investments Ltd
TA:AURA
|
-0.169x |
|
Genius Sports Ltd
NYSE:GENI
|
-0.090x |
|
Suzhou Good-Ark Electronics Co Ltd
SHE:002079
|
0.025x |
|
United States Steel Corp
BA:X
|
-0.033x |
|
Wuhan Tianyuan Environmental Protection Co.LTD
SHE:301127
|
N/A |
|
Perella Weinberg Partners
NASDAQ:PWP
|
0.295x |
|
Jiangsu Evergreen New Material Technology Inc. Co. A
SHG:603125
|
N/A |
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 Norbit ASA (NORBT) market capitalisation.
| 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