Vow Green Metals AS (VGM) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Vow Green Metals AS (VGM) has a cash flow conversion efficiency ratio of -0.048x as of June 2023. 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 (Nkr-5.64 Million ≈ $-593.60K USD) by net assets (Nkr116.33 Million ≈ $12.24 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 how leveraged is Vow Green Metals AS's balance sheet to measure how much of total assets are equity-financed.
Vow Green Metals AS - Cash Flow Conversion Efficiency Trend (2021–2024)
This chart illustrates how Vow Green Metals AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Vow Green Metals AS investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Vow Green Metals AS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Vow Green Metals AS ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Puloon Technology Inc
KQ:094940
|
0.062x |
|
Lima Dua Lima Tiga PT
JK:LUCY
|
0.131x |
|
Aspinwall and Company Limited
NSE:ASPINWALL
|
-0.130x |
|
Despec Bilgisayar Pazarlama ve Ticaret AS
IS:DESPC
|
-1.667x |
|
Ark Restaurants Corp
NASDAQ:ARKR
|
-0.017x |
|
Asuransi Ramayana Tbk
JK:ASRM
|
-0.017x |
|
Kabelindo Murni Tbk
JK:KBLM
|
0.032x |
|
Repower Asia Indonesia PT
JK:REAL
|
-0.001x |
Annual Cash Flow Conversion Efficiency for Vow Green Metals AS (2021–2024)
The table below shows the annual cash flow conversion efficiency of Vow Green Metals AS from 2021 to 2024. For the full company profile with market capitalisation and key ratios, see VGM company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr187.99 Million ≈ $19.78 Million |
Nkr-7.35 Million ≈ $-773.22K |
-0.039x | +50.29% |
| 2023-12-31 | Nkr99.97 Million ≈ $10.52 Million |
Nkr-7.86 Million ≈ $-827.15K |
-0.079x | +24.41% |
| 2022-12-31 | Nkr125.88 Million ≈ $13.25 Million |
Nkr-13.09 Million ≈ $-1.38 Million |
-0.104x | -91.03% |
| 2021-12-31 | Nkr141.16 Million ≈ $14.85 Million |
Nkr-7.69 Million ≈ $-808.78K |
-0.054x | -- |
About Vow Green Metals AS
Vow Green Metals AS engages in the production and sales of biocarbon and other carbon neutral products in Norway. It also provides biomass and biomass waste-streams into biocarbon, bio-oil, and bioenergy. The company serves metallurgical industry. Vow Green Metals AS was incorporated in 2021 and is based in Oslo, Norway. As of June 23, 2025, Vow Green Metals AS was taken private.