Spir Group ASA Cash Flow Conversion Efficiency
Spir Group ASA 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.
Cash Flow Conversion Efficiency of Spir Group ASA (2020–2024)
Cash flow conversion efficiency of Spir Group ASA from 2020 to 2024. This chart illustrates how Spir Group ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Spir Group ASA share price for real-time trading data and today's change.
Spir Group ASA Cash Flow Conversion Ratio Explained
Spir Group ASA cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see SPIR company net worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Victoria Investama Tbk
JK:VICO
|
-0.086x |
|
Madras Fertilizers Limited
NSE:MADRASFERT
|
3.531x |
|
Aqualis ASA
OL:AQUA
|
-0.048x |
|
MMP Industries Limited
NSE:MMP
|
0.079x |
|
Geumhwa Plant Service & Construction Co. Ltd
KQ:036190
|
-0.012x |
|
MotorK Ltd
AS:MTRK
|
0.193x |
|
White Pearl Acquisition Corp.
NYSE:WPAC
|
-0.097x |
|
Aspen Insurance Holdings Ltd
NYSE:AHL
|
0.087x |
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. Review SPIR cash flow after capex ratio to assess how much free cash flow the company generates relative to operating cash flow.
| 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