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. See Romerike Sparebank net asset quality index to measure how much of total assets are equity-financed.

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. Check ROMER cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.

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
Nirvana Daii Public Company Limited BK:NVD	0.045x
Dongbang Agro KO:007590	-0.150x
Acrivon Therapeutics, Inc. Common Stock NASDAQ:ACRV	-0.096x
Thomas Scott (India) Limited NSE:THOMASCOTT	-0.146x
Century Synthetic Fiber Corp VN:STK	-0.041x
Batm Advanced Communications Ltd TA:BVC	-0.054x
CTCBIO Inc KQ:060590	0.079x
Done.ai Group AB ST:TINGS-B	0.009x

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

$47.33 Million

Nkr449.78 Million NOK

Market Cap Rank

#22037 Global

#200 in Norway

Share Price

Nkr158.58

Change (1 day)

+1.65%

52-Week Range

Nkr136.90 - Nkr169.96

All Time High

Nkr169.96