Photocure (PHO) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.054x

Based on the latest financial reports, Photocure (PHO) has a cash flow conversion efficiency ratio of 0.054x as of September 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 (Nkr26.43 Million ≈ $2.78 Million USD) by net assets (Nkr486.60 Million ≈ $51.20 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 Photocure net asset quality index to measure how much of total assets are equity-financed.

Photocure - Cash Flow Conversion Efficiency Trend (2002–2024)

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

Photocure Competitors by Cash Flow Conversion Efficiency

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

Company	Cash Flow Conversion Efficiency
Torrid Holdings Inc NYSE:CURV	0.028x
Rockfields Property Indonesia Pt JK:ROCK	0.025x
JF Technology BHD KLSE:0146	0.023x
Taliworks Corporation Bhd KLSE:8524	0.013x
Xiongan Kerong Environment Technology Co Ltd SHE:300152	-0.004x
Humacyte Inc NASDAQ:HUMA	-8.403x
Nnit AS CO:NNIT	-0.076x
Auk Corp KO:017900	0.002x

Annual Cash Flow Conversion Efficiency for Photocure (2002–2024)

The table below shows the annual cash flow conversion efficiency of Photocure from 2002 to 2024. For the full company profile with market capitalisation and key ratios, see PHO stock market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	Nkr501.72 Million ≈ $52.79 Million	Nkr76.75 Million ≈ $8.08 Million	0.153x	+151.36%
2023-12-31	Nkr482.85 Million ≈ $50.81 Million	Nkr29.39 Million ≈ $3.09 Million	0.061x	+1495.53%
2022-12-31	Nkr462.73 Million ≈ $48.69 Million	Nkr-2.02 Million ≈ $-212.35K	-0.004x	-109.18%
2021-12-31	Nkr502.63 Million ≈ $52.89 Million	Nkr23.89 Million ≈ $2.51 Million	0.048x	+54.94%
2020-12-31	Nkr508.13 Million ≈ $53.47 Million	Nkr15.59 Million ≈ $1.64 Million	0.031x	-69.03%
2019-12-31	Nkr208.59 Million ≈ $21.95 Million	Nkr20.66 Million ≈ $2.17 Million	0.099x	+172.38%
2018-12-31	Nkr176.34 Million ≈ $18.56 Million	Nkr-24.12 Million ≈ $-2.54 Million	-0.137x	-26.45%
2017-12-31	Nkr218.08 Million ≈ $22.95 Million	Nkr-23.59 Million ≈ $-2.48 Million	-0.108x	-242.01%
2016-12-31	Nkr251.94 Million ≈ $26.51 Million	Nkr19.19 Million ≈ $2.02 Million	0.076x	+176.09%
2015-12-31	Nkr210.06 Million ≈ $22.10 Million	Nkr-21.03 Million ≈ $-2.21 Million	-0.100x	-294.80%
2014-12-31	Nkr240.06 Million ≈ $25.26 Million	Nkr-6.09 Million ≈ $-640.63K	-0.025x	+93.16%
2013-12-31	Nkr269.12 Million ≈ $28.32 Million	Nkr-99.72 Million ≈ $-10.49 Million	-0.371x	-156.53%
2012-12-31	Nkr380.27 Million ≈ $40.02 Million	Nkr-54.93 Million ≈ $-5.78 Million	-0.144x	-84.12%
2011-12-31	Nkr439.34 Million ≈ $46.23 Million	Nkr-34.47 Million ≈ $-3.63 Million	-0.078x	-330.80%
2010-12-31	Nkr458.85 Million ≈ $48.28 Million	Nkr15.60 Million ≈ $1.64 Million	0.034x	-95.55%
2009-12-31	Nkr415.78 Million ≈ $43.75 Million	Nkr317.44 Million ≈ $33.40 Million	0.763x	+355.48%
2008-12-31	Nkr199.69 Million ≈ $21.01 Million	Nkr-59.68 Million ≈ $-6.28 Million	-0.299x	+18.77%
2007-12-31	Nkr259.99 Million ≈ $27.36 Million	Nkr-95.66 Million ≈ $-10.07 Million	-0.368x	-281.35%
2006-12-31	Nkr326.94 Million ≈ $34.40 Million	Nkr66.33 Million ≈ $6.98 Million	0.203x	+113.94%
2005-12-31	Nkr48.47 Million ≈ $5.10 Million	Nkr-70.54 Million ≈ $-7.42 Million	-1.455x	-147.85%
2004-12-31	Nkr85.57 Million ≈ $9.00 Million	Nkr-50.25 Million ≈ $-5.29 Million	-0.587x	-9.86%
2003-12-31	Nkr131.90 Million ≈ $13.88 Million	Nkr-70.51 Million ≈ $-7.42 Million	-0.535x	-75.36%
2002-12-31	Nkr167.00 Million ≈ $17.57 Million	Nkr-50.91 Million ≈ $-5.36 Million	-0.305x	--

About Photocure

OL:PHO Norway Drug Manufacturers - Specialty & Generic

Market Cap

$149.23 Million

Nkr1.42 Billion NOK

Market Cap Rank

#17564 Global

#149 in Norway

Share Price

Nkr53.30

Change (1 day)

-1.48%

52-Week Range

Nkr50.90 - Nkr79.00

All Time High

Nkr150.90