Otello Corporation ASA (OTEC) - Cash Flow Conversion Efficiency

Latest as of December 2024: -0.026x

Based on the latest financial reports, Otello Corporation ASA (OTEC) has a cash flow conversion efficiency ratio of -0.026x as of December 2024. 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-2.08 Million ≈ $-218.35K USD) by net assets (Nkr78.96 Million ≈ $8.31 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Otello Corporation ASA - Cash Flow Conversion Efficiency Trend (2004–2024)

This chart illustrates how Otello Corporation ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Otello Corporation ASA (OTEC) financial obligations for a breakdown of total debt and financial obligations.

Otello Corporation ASA Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Otello Corporation ASA ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
HIM International Music TWO:8446	0.069x
mPLUS Corp KQ:259630	0.299x
Salasar Techno Engineering Limited NSE:SALASAR	0.024x
S&P Syndicate Public Company Limited BK:SNP	0.060x
Beijing Tongtech Co Ltd SHE:300379	-0.012x
Gabelli Healthcare & WellnessRx Trust NYSE:GRX	-0.019x
Abonmax Co Ltd TW:2429	-0.075x
CB Industrial Product Holding KLSE:7076	0.028x

Annual Cash Flow Conversion Efficiency for Otello Corporation ASA (2004–2024)

The table below shows the annual cash flow conversion efficiency of Otello Corporation ASA from 2004 to 2024. For the full company profile with market capitalisation and key ratios, see Otello Corporation ASA market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	Nkr78.96 Million ≈ $8.31 Million	Nkr-2.08 Million ≈ $-218.35K	-0.026x	+13.44%
2023-12-31	Nkr109.02 Million ≈ $11.47 Million	Nkr-3.31 Million ≈ $-348.31K	-0.030x	-137.05%
2022-12-31	Nkr107.40 Million ≈ $11.30 Million	Nkr8.80 Million ≈ $926.01K	0.082x	+499.67%
2021-12-31	Nkr351.30 Million ≈ $36.97 Million	Nkr4.80 Million ≈ $505.10K	0.014x	-78.08%
2020-12-31	Nkr306.40 Million ≈ $32.24 Million	Nkr19.10 Million ≈ $2.01 Million	0.062x	+882.90%
2019-12-31	Nkr339.10 Million ≈ $35.68 Million	Nkr-2.70 Million ≈ $-284.12K	-0.008x	-1348.73%
2018-12-31	Nkr363.90 Million ≈ $38.29 Million	Nkr-200.00K ≈ $-21.05K	-0.001x	-103.26%
2017-12-31	Nkr468.00 Million ≈ $49.25 Million	Nkr7.90 Million ≈ $831.31K	0.017x	+182.94%
2016-12-31	Nkr519.60 Million ≈ $54.68 Million	Nkr3.10 Million ≈ $326.21K	0.006x	-96.22%
2015-12-31	Nkr354.90 Million ≈ $37.35 Million	Nkr56.00 Million ≈ $5.89 Million	0.158x	-1.10%
2014-12-31	Nkr367.30 Million ≈ $38.65 Million	Nkr58.60 Million ≈ $6.17 Million	0.160x	+1.20%
2013-12-31	Nkr314.00 Million ≈ $33.04 Million	Nkr49.50 Million ≈ $5.21 Million	0.158x	-39.71%
2012-12-31	Nkr143.80 Million ≈ $15.13 Million	Nkr37.60 Million ≈ $3.96 Million	0.261x	-14.85%
2011-12-31	Nkr117.18 Million ≈ $12.33 Million	Nkr35.99 Million ≈ $3.79 Million	0.307x	+151.36%
2010-12-31	Nkr105.72 Million ≈ $11.13 Million	Nkr12.92 Million ≈ $1.36 Million	0.122x	+15.91%
2009-12-31	Nkr104.04 Million ≈ $10.95 Million	Nkr10.97 Million ≈ $1.15 Million	0.105x	-57.86%
2008-12-31	Nkr85.79 Million ≈ $9.03 Million	Nkr21.46 Million ≈ $2.26 Million	0.250x	+269.53%
2007-12-31	Nkr97.79 Million ≈ $10.29 Million	Nkr6.62 Million ≈ $696.52K	0.068x	+31116.30%
2006-12-31	Nkr80.24 Million ≈ $8.44 Million	Nkr-17.51K ≈ $-1.84K	0.000x	+99.82%
2005-12-31	Nkr43.00 Million ≈ $4.52 Million	Nkr-5.27 Million ≈ $-554.38K	-0.123x	-132.96%
2004-12-31	Nkr43.15 Million ≈ $4.54 Million	Nkr16.04 Million ≈ $1.69 Million	0.372x	--

About Otello Corporation ASA

OL:OTEC Norway Advertising Agencies

Market Cap

$140.50 Million

Nkr1.34 Billion NOK

Market Cap Rank

#17875 Global

#152 in Norway

Share Price

Nkr18.72

Change (1 day)

-0.53%

52-Week Range

Nkr9.86 - Nkr20.15

All Time High

Nkr50.26