Danimer Scientific Inc
Danimer Scientific, Inc., a performance polymer company, provides bioplastic replacements for traditional petroleum-based plastics in the United States, Germany, Poland, Belgium, Austria, and internationally. It produces polyhydroxyalkanoate, a biodegradable plastic feedstock alternative under the Nodax brand name for applications in films, straws, cutlery, food containers, and others; polylactic… Read more
Danimer Scientific Inc (DNMR) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: -0.069x
Based on the latest financial reports, Danimer Scientific Inc (DNMR) has a cash flow conversion efficiency ratio of -0.069x as of September 2024.
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 ($-14.50 Million) by net assets ($211.59 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Danimer Scientific Inc - Cash Flow Conversion Efficiency Trend (2019–2023)
This chart illustrates how Danimer Scientific Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Danimer Scientific Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Danimer Scientific Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
France Tourisme Immobilier SA
PA:MLFTI
|
N/A |
|
JWSMF
PINK:JWSMF
|
-0.024x |
|
INGREDION (CNP.SG)
STU:CNP
|
0.127x |
|
Netanel Group
TA:NTGR
|
-0.040x |
|
QURI-MAYU DEVELOPMENTS
F:JR9
|
N/A |
|
Scotch Creek Ventures Inc
PINK:SCVFF
|
0.285x |
|
Atco Mining Inc.
PINK:ATMGF
|
-0.060x |
|
Golf & Co Group Ltd
TA:GOLF
|
0.136x |
Annual Cash Flow Conversion Efficiency for Danimer Scientific Inc (2019–2023)
The table below shows the annual cash flow conversion efficiency of Danimer Scientific Inc from 2019 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $278.02 Million | $-47.26 Million | -0.170x | -3.81% |
| 2022-12-31 | $377.61 Million | $-61.84 Million | -0.164x | -30.11% |
| 2021-12-31 | $500.26 Million | $-62.96 Million | -0.126x | -300.38% |
| 2020-12-31 | $438.90 Million | $-13.80 Million | -0.031x | +68.85% |
| 2019-12-31 | $16.58 Million | $-1.67 Million | -0.101x | -- |