Nordic Technology Group A/S
Nordic Technology Group AS, together with its subsidiaries, operates as an industrial group. The company is involved in the sensor technology, nanomaterials technology, and clean technology business areas. It also offers multiphase flow metering solutions for the oil and gas industry; AquaField, a PVT-independent multiphase meter; wavetrain systems; and filtering water solutions. In addition, the… Read more
Nordic Technology Group A/S (NTG) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2023: -0.169x
Based on the latest financial reports, Nordic Technology Group A/S (NTG) has a cash flow conversion efficiency ratio of -0.169x as of December 2023.
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-88.50 Million) by net assets (Nkr523.31 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Nordic Technology Group A/S - Cash Flow Conversion Efficiency Trend (2022–2024)
This chart illustrates how Nordic Technology Group A/S's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Nordic Technology Group A/S Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Nordic Technology Group A/S ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Italian-Thai Development Public Company Limited
PINK:ITHDF
|
0.042x |
|
CK Solution
KO:480370
|
N/A |
|
iCRAFT Co. Ltd
KQ:052460
|
-0.181x |
|
iMBC Co.Ltd
KQ:052220
|
0.023x |
|
Waton Financial Limited Ordinary Shares
NASDAQ:WTF
|
0.105x |
|
VivoPower International PLC
NASDAQ:VVPR
|
0.221x |
|
Midland Exploration Inc
PINK:MIDLF
|
-0.035x |
|
Smartiks Yazilim AS
IS:SMART
|
0.098x |
Annual Cash Flow Conversion Efficiency for Nordic Technology Group A/S (2022–2024)
The table below shows the annual cash flow conversion efficiency of Nordic Technology Group A/S from 2022 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr251.34 Million | Nkr-71.27 Million | -0.284x | -81.85% |
| 2023-12-31 | Nkr567.61 Million | Nkr-88.50 Million | -0.156x | -168.98% |
| 2022-12-31 | Nkr684.45 Million | Nkr-39.68 Million | -0.058x | -- |