Techstep ASA Cash Flow Conversion Efficiency

Latest as of June 2025: 0.098x

Techstep ASA cash flow conversion efficiency. Based on the latest financial reports, Techstep ASA (TECH) has a cash flow conversion efficiency ratio of 0.098x as of June 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 (Nkr53.93 Million ≈ $5.67 Million USD) by net assets (Nkr548.31 Million ≈ $57.70 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 Techstep ASA (2004–2024)

Cash flow conversion efficiency of Techstep ASA from 2004 to 2024. This chart illustrates how Techstep ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. View today's stock price for Techstep ASA for real-time trading data and today's change.

Techstep ASA Cash Flow Conversion Ratio Explained

Techstep 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.

Techstep ASA Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Techstep ASA ranked by their cash flow conversion efficiency. Also see Techstep ASA (TECH) market capitalisation for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Vital Energy Inc V:VUX	0.110x
JPMorgan Euro Small Companies Trust Plc LSE:JEDT	0.026x
Quantum Helium Limited LSE:QHE	-0.096x
Nagreeka Exports Limited NSE:NAGREEKEXP	0.063x
Fly Play hf. IC:PLAY	N/A
Trend Gayrimenkul Yatirim Ortakligi AS IS:TDGYO	0.033x
Burford Capital Limited LSE:BUR	0.048x
Hube Yangfan Holding Co Ltd SHG:600421	-0.156x

Annual Cash Flow Conversion Efficiency for Techstep ASA (2004–2024)

The table below shows the annual cash flow conversion efficiency of Techstep ASA from 2004 to 2024. Review TECH FCF generation index 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	Nkr570.61 Million ≈ $60.04 Million	Nkr136.49 Million ≈ $14.36 Million	0.239x	-11.79%
2023-12-31	Nkr573.70 Million ≈ $60.37 Million	Nkr155.56 Million ≈ $16.37 Million	0.271x	+25.24%
2022-12-31	Nkr571.52 Million ≈ $60.14 Million	Nkr123.74 Million ≈ $13.02 Million	0.217x	-6.70%
2021-12-31	Nkr555.59 Million ≈ $58.46 Million	Nkr128.93 Million ≈ $13.57 Million	0.232x	+83.85%
2020-12-31	Nkr563.45 Million ≈ $59.29 Million	Nkr71.12 Million ≈ $7.48 Million	0.126x	+12.68%
2019-12-31	Nkr455.97 Million ≈ $47.98 Million	Nkr51.08 Million ≈ $5.37 Million	0.112x	+145.83%
2018-12-31	Nkr513.78 Million ≈ $54.06 Million	Nkr23.41 Million ≈ $2.46 Million	0.046x	+159.16%
2017-12-31	Nkr450.11 Million ≈ $47.36 Million	Nkr-34.67 Million ≈ $-3.65 Million	-0.077x	+35.05%
2016-12-31	Nkr260.29 Million ≈ $27.39 Million	Nkr-30.87 Million ≈ $-3.25 Million	-0.119x	+79.07%
2015-12-31	Nkr24.93 Million ≈ $2.62 Million	Nkr-14.13 Million ≈ $-1.49 Million	-0.567x	-9296.28%
2014-12-31	Nkr65.99 Million ≈ $6.94 Million	Nkr-398.00K ≈ $-41.88K	-0.006x	+93.69%
2013-12-31	Nkr70.82 Million ≈ $7.45 Million	Nkr-6.77 Million ≈ $-712.61K	-0.096x	+82.76%
2012-12-31	Nkr58.62 Million ≈ $6.17 Million	Nkr-32.51 Million ≈ $-3.42 Million	-0.555x	-51.69%
2011-12-31	Nkr80.85 Million ≈ $8.51 Million	Nkr-29.56 Million ≈ $-3.11 Million	-0.366x	-89.36%
2010-12-31	Nkr118.13 Million ≈ $12.43 Million	Nkr-22.81 Million ≈ $-2.40 Million	-0.193x	-38.11%
2009-12-31	Nkr172.22 Million ≈ $18.12 Million	Nkr-24.08 Million ≈ $-2.53 Million	-0.140x	-33.31%
2008-12-31	Nkr206.53 Million ≈ $21.73 Million	Nkr-21.66 Million ≈ $-2.28 Million	-0.105x	+45.44%
2006-12-31	Nkr178.79 Million ≈ $18.81 Million	Nkr-34.37 Million ≈ $-3.62 Million	-0.192x	+24.18%
2005-12-31	Nkr159.40 Million ≈ $16.77 Million	Nkr-40.41 Million ≈ $-4.25 Million	-0.254x	+13.27%
2004-12-31	Nkr107.33 Million ≈ $11.29 Million	Nkr-31.37 Million ≈ $-3.30 Million	-0.292x	--

About Techstep ASA

OL:TECH Norway Communication Equipment

Market Cap

$6.88 Million

Nkr65.37 Million NOK

Market Cap Rank

#27831 Global

#250 in Norway

Share Price

Nkr1.90

Change (1 day)

-1.30%

52-Week Range

Nkr1.47 - Nkr13.50

All Time High

Nkr73.00