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. See ALMAR net asset quality index to measure how much of total assets are equity-financed.
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. Check Mare Nostrum (ALMAR) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
IPB Petroleum Ltd
AU:IPB
|
0.000x |
|
Novra Technologies Inc
V:NVI
|
-0.231x |
|
Alvo Minerals Ltd
AU:ALV
|
-2.176x |
|
2CUREX AB SEK-10
F:2QE
|
N/A |
|
XP Chemistries AB
ST:XPC
|
-0.113x |
|
MANTLE MINERALS
F:MXB0
|
N/A |
|
Golden Metal Resources PLC
LSE:GMET
|
-0.027x |
|
THOR MNG CUFS/1LS- 00001
F:T5MB
|
N/A |
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 Mare Nostrum market cap and net worth.
| 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.