Otello Corporation ASA (OTEC) - Cash Flow Conversion Efficiency
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. See Otello Corporation ASA (OTEC) net asset quality to measure how much of total assets are equity-financed.
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. Check Otello Corporation ASA cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Multi Spunindo Jaya Tbk.
JK:MSJA
|
0.042x |
|
PPX Mining Corp
V:PPX
|
0.895x |
|
Hoteles City Express S.A.B. de C.V
MX:HCITY
|
0.030x |
|
BINEX Co. Ltd
KQ:053030
|
0.019x |
|
GrafTech International Ltd
NYSE:EAF
|
0.080x |
|
Informa PLC
LSE:INF
|
0.089x |
|
Wasko S.A.
WAR:WAS
|
0.045x |
|
Oncosem Onkolojik Sistemler Sanayi ve Ticaret A.S.
IS:ONCSM
|
0.126x |
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 OTEC company net worth.
| 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
Otello Corporation ASA, through its subsidiary, provides mobile solutions and platforms for digital payments, customer engagement, microfinance, and digital services in Norway. It provides Apps Club subscription service to mobile carriers and smartphone OEMs. The company was formerly known as Opera Software ASA and changed its name to Otello Corporation ASA in January 2018. Otello Corporation ASA… Read more