Otovo AS (OTOVO) - Cash Flow Conversion Efficiency

Latest as of June 2025: -0.387x

Based on the latest financial reports, Otovo AS (OTOVO) has a cash flow conversion efficiency ratio of -0.387x as of June 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-145.09 Million ≈ $-15.27 Million USD) by net assets (Nkr375.02 Million ≈ $39.46 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 Otovo AS net asset quality index to measure how much of total assets are equity-financed.

Otovo AS - Cash Flow Conversion Efficiency Trend (2017–2024)

This chart illustrates how Otovo AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Otovo AS (OTOVO) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.

Otovo AS Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Otovo AS ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Adimmune Corp TW:4142	-0.073x
Richmond Mutual Bancorporation Inc NASDAQ:RMBI	0.019x
Panca Budi Idaman Tbk PT JK:PBID	0.019x
Papercorea KO:001020	-0.054x
Garanti Faktoring AS IS:GARFA	-0.186x
Akfen Gayrimenkul Yatirim Ortakligi AS IS:AKFGY	0.008x
Groupe Pizzorno Environnement SA PA:GPE	0.332x
GOCL Corporation Limited NSE:GOCLCORP	-0.008x

Annual Cash Flow Conversion Efficiency for Otovo AS (2017–2024)

The table below shows the annual cash flow conversion efficiency of Otovo AS from 2017 to 2024. For the full company profile with market capitalisation and key ratios, see Otovo AS market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	Nkr498.72 Million ≈ $52.48 Million	Nkr-400.11 Million ≈ $-42.10 Million	-0.802x	-244.35%
2023-12-31	Nkr874.20 Million ≈ $91.99 Million	Nkr-203.67 Million ≈ $-21.43 Million	-0.233x	+53.64%
2022-12-31	Nkr531.50 Million ≈ $55.93 Million	Nkr-267.07 Million ≈ $-28.10 Million	-0.502x	-92.49%
2021-12-31	Nkr521.05 Million ≈ $54.83 Million	Nkr-136.02 Million ≈ $-14.31 Million	-0.261x	+38.68%
2020-12-31	Nkr174.49 Million ≈ $18.36 Million	Nkr-74.28 Million ≈ $-7.82 Million	-0.426x	-121.03%
2019-12-31	Nkr239.85 Million ≈ $25.24 Million	Nkr-46.20 Million ≈ $-4.86 Million	-0.193x	+26.99%
2018-12-31	Nkr114.58 Million ≈ $12.06 Million	Nkr-30.23 Million ≈ $-3.18 Million	-0.264x	+49.11%
2017-12-31	Nkr58.31 Million ≈ $6.14 Million	Nkr-30.23 Million ≈ $-3.18 Million	-0.518x	--

About Otovo AS

OL:OTOVO Norway Solar

Market Cap

$335.66 Million

Nkr3.19 Billion NOK

Market Cap Rank

#15952 Global

#125 in Norway

Share Price

Nkr11.40

Change (1 day)

-2.98%

52-Week Range

Nkr0.64 - Nkr16.40

All Time High

Nkr30.00