Okea ASA (OKEA) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Okea ASA (OKEA) has a cash flow conversion efficiency ratio of 0.729x as of March 2026. 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 (Nkr69.53 Million ≈ $7.32 Million USD) by net assets (Nkr95.40 Million ≈ $10.04 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 operational self-sufficiency of Okea ASA to measure how many days the company can operate on defensive assets alone.
Okea ASA - Cash Flow Conversion Efficiency Trend (2016–2025)
This chart illustrates how Okea ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Okea ASA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Okea ASA ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Beijing InterAct Technology Co Ltd
SHE:300419
|
0.054x |
|
Cedar Development Co Ltd
SHE:002485
|
-0.052x |
|
Guangzhou Devotion Therm Tech
SHE:300335
|
0.003x |
|
Beijing Seeyon Internet Software Cp
SHG:688369
|
-0.118x |
|
Hefei Jingsong Intelligent Technology Co. Ltd. A
SHG:688251
|
N/A |
|
Visco Vision Inc.
TW:6782
|
0.061x |
|
Beijing YJK Building Software Co.Ltd.
SHE:300935
|
N/A |
|
Hong Tai Electric Industrial Co Ltd
TW:1612
|
-0.053x |
Annual Cash Flow Conversion Efficiency for Okea ASA (2016–2025)
The table below shows the annual cash flow conversion efficiency of Okea ASA from 2016 to 2025. For the full company profile with market capitalisation and key ratios, see OKEA company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | Nkr57.20 Million ≈ $6.02 Million |
Nkr325.32 Million ≈ $34.23 Million |
5.688x | +48.43% |
| 2024-12-31 | Nkr1.11 Billion ≈ $116.91 Million |
Nkr4.26 Billion ≈ $447.99 Million |
3.832x | -46.40% |
| 2023-12-31 | Nkr725.64 Million ≈ $76.36 Million |
Nkr5.19 Billion ≈ $545.94 Million |
7.150x | +344.28% |
| 2022-12-31 | Nkr2.08 Billion ≈ $218.67 Million |
Nkr3.34 Billion ≈ $351.89 Million |
1.609x | +9.32% |
| 2021-12-31 | Nkr1.71 Billion ≈ $179.81 Million |
Nkr2.52 Billion ≈ $264.69 Million |
1.472x | +148.57% |
| 2020-12-31 | Nkr1.08 Billion ≈ $113.93 Million |
Nkr641.19 Million ≈ $67.47 Million |
0.592x | -52.83% |
| 2019-12-31 | Nkr1.68 Billion ≈ $176.93 Million |
Nkr2.11 Billion ≈ $222.15 Million |
1.256x | +676.65% |
| 2018-12-31 | Nkr1.46 Billion ≈ $153.25 Million |
Nkr235.43 Million ≈ $24.77 Million |
0.162x | +305.48% |
| 2017-12-31 | Nkr473.83 Million ≈ $49.86 Million |
Nkr-37.28 Million ≈ $-3.92 Million |
-0.079x | -103.15% |
| 2016-12-31 | Nkr364.48 Million ≈ $38.35 Million |
Nkr-14.12 Million ≈ $-1.49 Million |
-0.039x | -- |
About Okea ASA
OKEA ASA, an oil and gas company, engages in the development and production of oil and gas in the Norwegian Continental Shelf. The company was incorporated in 2015 and is headquartered in Trondheim, Norway.