Telenor ASA (TEL) - Cash Flow Conversion Efficiency

Latest as of June 2025: 0.219x

Based on the latest financial reports, Telenor ASA (TEL) has a cash flow conversion efficiency ratio of 0.219x 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 (Nkr14.15 Billion ≈ $1.49 Billion USD) by net assets (Nkr64.57 Billion ≈ $6.79 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Telenor ASA (TEL) defensive interval to measure how many days the company can operate on defensive assets alone.

Telenor ASA - Cash Flow Conversion Efficiency Trend (1999–2024)

This chart illustrates how Telenor ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Telenor ASA Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Telenor ASA ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Telefónica S.A F:TNE2	0.166x
Northern Star Resources Ltd AU:NST	0.068x
Omnicom Group Inc NYSE:OMC	-0.055x
EAST JP RAILW. ADR 1/6 F:EJR0	N/A
AXIA Energia SA NYSE:AXIA-PC	0.023x
Church & Dwight Company Inc NYSE:CHD	0.042x
Telefonica SA ADR NYSE:TEF	0.115x
United Therapeutics Corporation NASDAQ:UTHR	0.085x

Annual Cash Flow Conversion Efficiency for Telenor ASA (1999–2024)

The table below shows the annual cash flow conversion efficiency of Telenor ASA from 1999 to 2024. For the full company profile with market capitalisation and key ratios, see TEL stock market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	Nkr82.54 Billion ≈ $8.69 Billion	Nkr31.48 Billion ≈ $3.31 Billion	0.381x	-7.75%
2023-12-31	Nkr70.43 Billion ≈ $7.41 Billion	Nkr29.12 Billion ≈ $3.06 Billion	0.413x	-32.14%
2022-12-31	Nkr64.37 Billion ≈ $6.77 Billion	Nkr39.22 Billion ≈ $4.13 Billion	0.609x	-54.60%
2021-12-31	Nkr31.50 Billion ≈ $3.31 Billion	Nkr42.27 Billion ≈ $4.45 Billion	1.342x	+34.50%
2020-12-31	Nkr43.91 Billion ≈ $4.62 Billion	Nkr43.82 Billion ≈ $4.61 Billion	0.998x	+26.37%
2019-12-31	Nkr43.34 Billion ≈ $4.56 Billion	Nkr34.22 Billion ≈ $3.60 Billion	0.790x	+18.15%
2018-12-31	Nkr54.45 Billion ≈ $5.73 Billion	Nkr36.39 Billion ≈ $3.83 Billion	0.668x	-0.91%
2017-12-31	Nkr62.34 Billion ≈ $6.56 Billion	Nkr42.05 Billion ≈ $4.42 Billion	0.675x	-6.06%
2016-12-31	Nkr55.40 Billion ≈ $5.83 Billion	Nkr39.78 Billion ≈ $4.19 Billion	0.718x	+22.16%
2015-12-31	Nkr63.13 Billion ≈ $6.64 Billion	Nkr37.11 Billion ≈ $3.90 Billion	0.588x	+18.96%
2014-12-31	Nkr68.50 Billion ≈ $7.21 Billion	Nkr33.85 Billion ≈ $3.56 Billion	0.494x	+2.91%
2013-12-31	Nkr77.04 Billion ≈ $8.11 Billion	Nkr36.99 Billion ≈ $3.89 Billion	0.480x	+54.51%
2012-12-31	Nkr77.24 Billion ≈ $8.13 Billion	Nkr24.00 Billion ≈ $2.53 Billion	0.311x	-0.32%
2011-12-31	Nkr86.90 Billion ≈ $9.14 Billion	Nkr27.09 Billion ≈ $2.85 Billion	0.312x	+13.35%
2010-12-31	Nkr96.22 Billion ≈ $10.12 Billion	Nkr26.46 Billion ≈ $2.78 Billion	0.275x	-23.59%
2009-12-31	Nkr85.06 Billion ≈ $8.95 Billion	Nkr30.62 Billion ≈ $3.22 Billion	0.360x	+24.40%
2008-12-31	Nkr88.57 Billion ≈ $9.32 Billion	Nkr25.63 Billion ≈ $2.70 Billion	0.289x	-8.83%
2007-12-31	Nkr74.66 Billion ≈ $7.86 Billion	Nkr23.70 Billion ≈ $2.49 Billion	0.317x	-35.02%
2006-12-31	Nkr62.73 Billion ≈ $6.60 Billion	Nkr30.64 Billion ≈ $3.22 Billion	0.488x	+17.05%
2005-12-31	Nkr53.47 Billion ≈ $5.63 Billion	Nkr22.31 Billion ≈ $2.35 Billion	0.417x	-8.44%
2004-12-31	Nkr41.98 Billion ≈ $4.42 Billion	Nkr19.14 Billion ≈ $2.01 Billion	0.456x	+36.26%
2003-12-31	Nkr41.00 Billion ≈ $4.31 Billion	Nkr13.72 Billion ≈ $1.44 Billion	0.335x	-2.98%
2002-12-31	Nkr37.21 Billion ≈ $3.92 Billion	Nkr12.83 Billion ≈ $1.35 Billion	0.345x	+125.34%
2001-12-31	Nkr45.60 Billion ≈ $4.80 Billion	Nkr6.98 Billion ≈ $734.30 Million	0.153x	-8.11%
2000-12-31	Nkr38.15 Billion ≈ $4.01 Billion	Nkr6.35 Billion ≈ $668.48 Million	0.167x	-51.99%
1999-12-31	Nkr18.79 Billion ≈ $1.98 Billion	Nkr6.52 Billion ≈ $685.80 Million	0.347x	--

About Telenor ASA

OL:TEL Norway Telecom Services

Market Cap

$21.52 Billion

Nkr204.49 Billion NOK

Market Cap Rank

#1214 Global

#4 in Norway

Share Price

Nkr149.50

Change (1 day)

-0.47%

52-Week Range

Nkr141.50 - Nkr177.10

All Time High

Nkr177.10