Romerike Sparebank (ROMER) - Cash Flow Conversion Efficiency

Latest 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 ≈ $-48.38 Million USD) by net assets (Nkr1.98 Billion ≈ $208.53 Million USD). 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. Read total liabilities of Romerike Sparebank for a breakdown of total debt and financial obligations.

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
WICE Logistics PCL BK:WICE	0.006x
AB Electrolux (publ) ST:ELUX-A	0.528x
InfoBeans Technologies Limited NSE:INFOBEAN	0.143x
Elton International Trading Company S.A AT:ELTON	0.056x
Microelectronics Technology Inc TW:2314	0.305x
Top Win International Limited NASDAQ:SORA	-1.101x
Kishin Corporation KO:092440	0.004x
Wysiwyg Studios Co. Ltd KQ:299900	-0.014x

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. For the full company profile with market capitalisation and key ratios, see ROMER company net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	Nkr2.28 Billion ≈ $239.40 Million	Nkr-819.78 Million ≈ $-86.26 Million	-0.360x	-32.97%
2023-12-31	Nkr2.15 Billion ≈ $225.94 Million	Nkr-581.84 Million ≈ $-61.23 Million	-0.271x	-4.41%
2022-12-31	Nkr1.98 Billion ≈ $208.53 Million	Nkr-514.31 Million ≈ $-54.12 Million	-0.260x	-166.63%
2021-12-31	Nkr1.22 Billion ≈ $128.53 Million	Nkr475.81 Million ≈ $50.07 Million	0.390x	+202.61%
2020-12-31	Nkr1.12 Billion ≈ $118.04 Million	Nkr-425.86 Million ≈ $-44.81 Million	-0.380x	+28.01%
2019-12-31	Nkr877.69 Million ≈ $92.36 Million	Nkr-462.83 Million ≈ $-48.70 Million	-0.527x	+22.82%
2018-12-31	Nkr799.95 Million ≈ $84.18 Million	Nkr-546.59 Million ≈ $-57.52 Million	-0.683x	-18.36%
2017-12-31	Nkr748.94 Million ≈ $78.81 Million	Nkr-432.35 Million ≈ $-45.50 Million	-0.577x	+45.32%
2016-12-31	Nkr590.97 Million ≈ $62.19 Million	Nkr-623.90 Million ≈ $-65.65 Million	-1.056x	--

About Romerike Sparebank

OL:ROMER Norway Banks - Regional

Market Cap

$47.15 Million

Nkr448.07 Million NOK

Market Cap Rank

#22103 Global

#206 in Norway

Share Price

Nkr157.98

Change (1 day)

+2.25%

52-Week Range

Nkr135.00 - Nkr169.96

All Time High

Nkr169.96