H&K AG (MLHK) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.239x

Based on the latest financial reports, H&K AG (MLHK) has a cash flow conversion efficiency ratio of 0.239x as of September 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 (€37.00 Million ≈ $43.26 Million USD) by net assets (€154.80 Million ≈ $180.98 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 H&K AG net asset quality index to measure how much of total assets are equity-financed.

H&K AG - Cash Flow Conversion Efficiency Trend (2004–2024)

This chart illustrates how H&K AG's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check MLHK cash flow quality score to evaluate the quality of earnings relative to operating cash generation.

H&K AG Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of H&K AG ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Bangkok Airways Public Company Limited BK:BA	0.076x
Hagerty Inc NYSE:HGTY	0.021x
Ficont Industry (Beijing) Co. Ltd. SHG:605305	0.028x
Taboola NASDAQ:TBLA	0.114x
Liquidity Services Inc NASDAQ:LQDT	0.133x
Generation Development Group Ltd AU:GDG	0.037x
International General Insurance Holdings Ltd NASDAQ:IGIC	0.165x
ITMAX System Berhad KLSE:5309	-0.009x

Annual Cash Flow Conversion Efficiency for H&K AG (2004–2024)

The table below shows the annual cash flow conversion efficiency of H&K AG from 2004 to 2024. For the full company profile with market capitalisation and key ratios, see H&K AG (MLHK) market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	€133.44 Million ≈ $156.00 Million	€100.51 Million ≈ $117.51 Million	0.753x	+836.76%
2023-12-31	€104.44 Million ≈ $122.10 Million	€8.40 Million ≈ $9.82 Million	0.080x	-89.68%
2022-12-31	€70.31 Million ≈ $82.20 Million	€54.80 Million ≈ $64.06 Million	0.779x	+217.64%
2021-12-31	€-85.25 Million ≈ $-99.67 Million	€56.48 Million ≈ $66.03 Million	-0.662x	-72.71%
2020-12-31	€-108.27 Million ≈ $-126.58 Million	€41.53 Million ≈ $48.55 Million	-0.384x	-211.11%
2019-12-31	€-120.87 Million ≈ $-141.31 Million	€14.90 Million ≈ $17.42 Million	-0.123x	-3155.06%
2018-12-31	€-118.70 Million ≈ $-138.77 Million	€-479.00K ≈ $-560.00K	0.004x	+102.58%
2017-12-31	€-109.32 Million ≈ $-127.81 Million	€17.07 Million ≈ $19.96 Million	-0.156x	+65.25%
2016-12-31	€-146.38 Million ≈ $-171.14 Million	€65.80 Million ≈ $76.92 Million	-0.449x	-209.81%
2015-12-31	€-149.70 Million ≈ $-175.01 Million	€21.72 Million ≈ $25.39 Million	-0.145x	+8.35%
2014-12-31	€-174.30 Million ≈ $-203.77 Million	€27.59 Million ≈ $32.26 Million	-0.158x	+38.55%
2013-12-31	€-151.50 Million ≈ $-177.12 Million	€39.03 Million ≈ $45.63 Million	-0.258x	-197.25%
2004-12-31	€81.64 Million ≈ $95.44 Million	€21.63 Million ≈ $25.28 Million	0.265x	--

About H&K AG

PA:MLHK France Aerospace & Defense

Market Cap

$1.20 Billion

€1.03 Billion EUR

Market Cap Rank

#8000 Global

#131 in France

Share Price

€29.00

Change (1 day)

-3.33%

52-Week Range

€25.00 - €75.00

All Time High

€170.00