Mare Nostrum (ALMAR) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Mare Nostrum (ALMAR) has a cash flow conversion efficiency ratio of -0.054x 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 (€978.00K ≈ $1.14 Million USD) by net assets (€-18.03 Million ≈ $-21.08 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Check strategic asset allocation of Mare Nostrum to assess the company's strategic physical and investment asset allocation.
Mare Nostrum - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Mare Nostrum's cash flow conversion efficiency has evolved over time, based on yearly financial data. See what is Mare Nostrum's book value for net asset value and shareholders' equity analysis.
Mare Nostrum Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Mare Nostrum ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Iveda Solutions Inc
NASDAQ:IVDA
|
-0.053x |
|
IPB Petroleum Ltd
AU:IPB
|
0.000x |
|
Montero Mining and Exploration Ltd
V:MON
|
-0.047x |
|
Youxin Technology Ltd Class A Ordinary shares
NASDAQ:YAAS
|
-0.202x |
|
Airtouch Solar Ltd
TA:ARTS
|
-0.081x |
|
MANTLE MINERALS
F:MXB0
|
N/A |
|
Reliance Global Group, Inc.
NASDAQ:EZRA
|
-0.077x |
|
49 North Resources Inc
V:FNR
|
0.005x |
Annual Cash Flow Conversion Efficiency for Mare Nostrum (2016–2024)
The table below shows the annual cash flow conversion efficiency of Mare Nostrum from 2016 to 2024. For the full company profile with market capitalisation and key ratios, see market value of Mare Nostrum.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €-12.80 Million ≈ $-14.97 Million |
€6.52 Million ≈ $7.63 Million |
-0.510x | +78.85% |
| 2023-12-31 | €-2.44 Million ≈ $-2.85 Million |
€5.88 Million ≈ $6.88 Million |
-2.410x | -169029.72% |
| 2022-12-31 | €9.83 Million ≈ $11.49 Million |
€-14.00K ≈ $-16.37K |
-0.001x | -100.87% |
| 2021-12-31 | €12.13 Million ≈ $14.19 Million |
€1.98 Million ≈ $2.31 Million |
0.163x | +123.72% |
| 2020-12-31 | €12.46 Million ≈ $14.57 Million |
€-8.57 Million ≈ $-10.02 Million |
-0.688x | -3186.32% |
| 2019-12-31 | €19.49 Million ≈ $22.78 Million |
€-408.00K ≈ $-476.99K |
-0.021x | +87.36% |
| 2018-12-31 | €7.84 Million ≈ $9.16 Million |
€-1.30 Million ≈ $-1.52 Million |
-0.166x | -144.21% |
| 2017-12-31 | €6.25 Million ≈ $7.30 Million |
€2.34 Million ≈ $2.73 Million |
0.375x | -70.07% |
| 2016-12-31 | €1.54 Million ≈ $1.80 Million |
€1.93 Million ≈ $2.25 Million |
1.251x | -- |
About Mare Nostrum
Mare Nostrum SA provides human resources management services worldwide. It offers temporary work, recruitment, and training services, as well as wage portage and professional mobility services. Mare Nostrum SA was incorporated in 2004 and is headquartered in Grenoble, France.