Romerike Sparebank
Romerike Sparebank provides banking products and services. The company provides daily banking; car, mortgage for young people, construction, consumer loan, green mortgage, green rehabilitation, motorcycles, motorhomes, ATVs, carvans and snowmobiles, and refinancing loans; and bank, BSU, mutual fund, retirement savings, and savings for children. It also offers insurance for car and other vehicles,… Read more
Romerike Sparebank (ROMER) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2022: -0.232x
Based on the latest financial reports, Romerike Sparebank (ROMER) has a cash flow conversion efficiency ratio of -0.232x as of December 2022.
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-459.80 Million) by net assets (Nkr1.98 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Romerike Sparebank - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Romerike Sparebank's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Romerike Sparebank Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Romerike Sparebank ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Cellumed Co. Ltd
KQ:049180
|
-0.018x |
|
ALLERGY THER. PLC LS-001
F:HHU
|
N/A |
|
Ouro Fino Saúde Animal Participações S.A
SA:OFSA3
|
0.046x |
|
Mutual-Tek Industries Co., Ltd.
TWO:6407
|
0.116x |
|
Careium AB
ST:CARE
|
0.102x |
|
District Metals Corp.
PINK:DMXCF
|
-0.032x |
|
Marathon Bancorp, Inc. Common Stock
PINK:MBBC
|
0.030x |
|
DDC Enterprise Limited
NYSE MKT:DDC
|
-0.047x |
Annual Cash Flow Conversion Efficiency for Romerike Sparebank (2016–2024)
The table below shows the annual cash flow conversion efficiency of Romerike Sparebank from 2016 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr2.28 Billion | Nkr-819.78 Million | -0.360x | -32.97% |
| 2023-12-31 | Nkr2.15 Billion | Nkr-581.84 Million | -0.271x | -4.41% |
| 2022-12-31 | Nkr1.98 Billion | Nkr-514.31 Million | -0.260x | -166.63% |
| 2021-12-31 | Nkr1.22 Billion | Nkr475.81 Million | 0.390x | +202.61% |
| 2020-12-31 | Nkr1.12 Billion | Nkr-425.86 Million | -0.380x | +28.01% |
| 2019-12-31 | Nkr877.69 Million | Nkr-462.83 Million | -0.527x | +22.82% |
| 2018-12-31 | Nkr799.95 Million | Nkr-546.59 Million | -0.683x | -18.36% |
| 2017-12-31 | Nkr748.94 Million | Nkr-432.35 Million | -0.577x | +45.32% |
| 2016-12-31 | Nkr590.97 Million | Nkr-623.90 Million | -1.056x | -- |