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. Also see SPIR market cap overview for the company's overall valuation and market capitalisation.
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.
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. Explore SPIR cash flow quality index to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Madras Fertilizers Limited
NSE:MADRASFERT
|
13.143x |
|
Chosun Refractories Co Ltd
KO:000480
|
0.032x |
|
The Platinum Group Public Company Limited
BK:PLAT
|
0.025x |
|
Precision Camshafts Limited
NSE:PRECAM
|
0.077x |
|
OnKure Therapeutics, Inc.
NASDAQ:OKUR
|
-0.060x |
|
Mobase Electronics Co.Ltd
KQ:012860
|
0.082x |
|
Diploma PLC
LSE:DPLM
|
0.105x |
|
MotorK Ltd
AS:MTRK
|
0.193x |
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. View SPIR share price today for real-time trading data and today's change.
| 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