Airthings ASA
Airthings ASA, a hardware-enabled software company, engages in the development of products and systems for monitoring indoor air quality, radon, and energy efficiency worldwide. It operates through Consumer, Business, and Professional segments. The Consumer segment sells air quality sensors to private customers through retail and e-commerce. The Business segment provides air quality solutions to … Read more
Airthings ASA (ARTGF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.038x
Based on the latest financial reports, Airthings ASA (ARTGF) has a cash flow conversion efficiency ratio of -0.038x 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 ($-682.44K) by net assets ($17.78 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Airthings ASA - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Airthings ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Airthings ASA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Airthings ASA ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Eureka Design Public Company Limited
BK:UREKA
|
0.002x |
|
Avonmore Capital & Management Services Limited
NSE:AVONMORE
|
0.003x |
|
Yw Company Limited
KQ:051390
|
0.072x |
|
aap Implantate AG
F:AAQ1
|
-0.070x |
|
J.S.P. Property Public Company Limited
BK:JSP
|
0.025x |
|
NextCell Pharma AB
ST:NXTCL
|
-0.162x |
|
Bionano Genomics Inc
NASDAQ:BNGO
|
-0.119x |
|
Dongsung Pharm
KO:002210
|
0.104x |
Annual Cash Flow Conversion Efficiency for Airthings ASA (2017–2024)
The table below shows the annual cash flow conversion efficiency of Airthings ASA from 2017 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $28.44 Million | $-1.96 Million | -0.069x | -1.83% |
| 2023-12-31 | $50.26 Million | $-3.40 Million | -0.068x | +84.45% |
| 2022-12-31 | $50.93 Million | $-22.17 Million | -0.435x | -85.98% |
| 2021-12-31 | $67.84 Million | $-15.88 Million | -0.234x | -167.59% |
| 2020-12-31 | $77.29 Million | $-6.76 Million | -0.087x | +75.10% |
| 2019-12-31 | $11.06 Million | $-3.88 Million | -0.351x | +1.68% |
| 2018-12-31 | $5.65 Million | $-2.02 Million | -0.357x | -908.95% |
| 2017-12-31 | $6.03 Million | $-213.36K | -0.035x | -- |