Spir Group ASA (SPIR) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Spir Group ASA (SPIR) has a cash flow conversion efficiency ratio of 0.103x 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 (Nkr172.11 Million ≈ $18.11 Million USD) by net assets (Nkr1.67 Billion ≈ $175.30 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 Spir Group ASA balance sheet quality to measure how much of total assets are equity-financed.
Spir Group ASA - Cash Flow Conversion Efficiency Trend (2020–2024)
This chart illustrates how Spir Group ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Spir Group ASA (SPIR) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Spir Group ASA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Spir Group ASA ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Rav Bariach 08 Industries Ltd
TA:BRIH
|
0.051x |
|
Madras Fertilizers Limited
NSE:MADRASFERT
|
13.143x |
|
Barem Ambalaj Sanayi ve Ticaret a.s.
IS:BARMA
|
0.232x |
|
MaxsMaking Inc. Class A Ordinary Shares
NASDAQ:MAMK
|
N/A |
|
Kolon Life Science Inc
KQ:102940
|
0.007x |
|
Laramide Resources Ltd
AU:LAM
|
-0.010x |
|
MotorK Ltd
AS:MTRK
|
0.193x |
|
CB Industrial Product Holding
KLSE:7076
|
-0.022x |
Annual Cash Flow Conversion Efficiency for Spir Group ASA (2020–2024)
The table below shows the annual cash flow conversion efficiency of Spir Group ASA from 2020 to 2024. For the full company profile with market capitalisation and key ratios, see Spir Group ASA market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr1.28 Billion ≈ $134.42 Million |
Nkr218.79 Million ≈ $23.02 Million |
0.171x | -4.04% |
| 2023-12-31 | Nkr1.09 Billion ≈ $114.45 Million |
Nkr194.12 Million ≈ $20.43 Million |
0.178x | +56.18% |
| 2022-12-31 | Nkr1.03 Billion ≈ $108.74 Million |
Nkr118.08 Million ≈ $12.43 Million |
0.114x | -14.88% |
| 2021-12-31 | Nkr704.79 Million ≈ $74.16 Million |
Nkr94.61 Million ≈ $9.96 Million |
0.134x | +181.39% |
| 2020-12-31 | Nkr253.59 Million ≈ $26.69 Million |
Nkr12.10 Million ≈ $1.27 Million |
0.048x | -- |
About Spir Group ASA
Spir Group ASA provides software solutions in Norway, Sweden, and internationally. The company offers Samsvar, a system that helps consumers keep track of legal requirements related to privacy and information security; PixEdit, a software for automating the processing of scanning, data capture, digitalization and optimization, interactive editing, and converting all types of files/documents; Elem… Read more