Norsk Titanium AS
Norsk Titanium AS, together with its subsidiaries, engages in 3D printing of metal alloys for commercial aerospace, defense, and industrial sectors in Europe and the United States. The company offers aerospace-grade titanium components by 3D printing them through its additive manufacturing Rapid Plasma Deposition technology. It also sells value-added parts. The company was founded in 2007 and is … Read more
Norsk Titanium AS (NORSF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: -0.477x
Based on the latest financial reports, Norsk Titanium AS (NORSF) has a cash flow conversion efficiency ratio of -0.477x 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 ($-5.50 Million) by net assets ($11.54 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Norsk Titanium AS - Cash Flow Conversion Efficiency Trend (2018–2024)
This chart illustrates how Norsk Titanium AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Norsk Titanium AS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Norsk Titanium AS ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Affinity Bancshares Inc
NASDAQ:AFBI
|
0.029x |
|
Yoma Strategic Holdings Ltd
PINK:YMAIF
|
0.036x |
|
Orge Enerji Elektrik Taahhut AS
IS:ORGE
|
-0.032x |
|
XANO Industri AB (publ)
ST:XANO-B
|
0.075x |
|
C-Media Electronics
TWO:6237
|
-0.032x |
|
ABSOLUTE CLEAN ENERGY
BK:ACE-R
|
0.026x |
|
Nobia AB (publ)
F:NI8
|
0.042x |
|
OM Holdings Limited
PINK:OMHLF
|
0.064x |
Annual Cash Flow Conversion Efficiency for Norsk Titanium AS (2018–2024)
The table below shows the annual cash flow conversion efficiency of Norsk Titanium AS from 2018 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $30.80 Million | $-26.85 Million | -0.872x | -104.03% |
| 2023-12-31 | $-1.02 Million | $-22.16 Million | 21.640x | +2013.96% |
| 2022-12-31 | $17.42 Million | $-19.69 Million | -1.131x | -84.72% |
| 2021-12-31 | $34.10 Million | $-20.87 Million | -0.612x | -280.37% |
| 2020-12-31 | $-80.52 Million | $-27.32 Million | 0.339x | -53.75% |
| 2019-12-31 | $-37.05 Million | $-27.19 Million | 0.734x | -94.90% |
| 2018-12-31 | $-1.97 Million | $-28.31 Million | 14.386x | -- |