Nel ASA
Nel ASA, a hydrogen company, provides solutions to produce, store, and distribute hydrogen from renewable energy in Norway and internationally. It operates in Nel Alkaline Electrolyser and Nel PEM Electrolyser segments. The Nel Alkaline Electrolyser segment supplies hydrogen production equipment based on alkaline water electrolysis technology. The Nel PEM Electrolyser segment supplies hydrogen pr… Read more
Nel ASA (NLLSY) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.028x
Based on the latest financial reports, Nel ASA (NLLSY) has a cash flow conversion efficiency ratio of -0.028x 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 ($-132.00 Million) by net assets ($4.78 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Nel ASA - Cash Flow Conversion Efficiency Trend (2004–2024)
This chart illustrates how Nel 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.
Nel ASA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Nel ASA ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Tanac Automation Co Ltd
SHE:300461
|
-0.051x |
|
Property For Industry Ltd.
PINK:PYIYF
|
N/A |
|
GRNVLT EN.REN.
F:000
|
N/A |
|
Cachet Pharmaceutical Co Ltd
SHE:002462
|
0.079x |
|
Raubex Group Limited
F:B7P
|
0.027x |
|
Raisio Oyj Series V
LSE:0CIJ
|
0.035x |
|
Nanjing Cosmos Chemical Co Ltd
SHE:300856
|
0.037x |
|
PlayAGS Inc
NYSE:AGS
|
0.226x |
Annual Cash Flow Conversion Efficiency for Nel ASA (2004–2024)
The table below shows the annual cash flow conversion efficiency of Nel ASA from 2004 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $4.98 Billion | $-241.58 Million | -0.049x | +54.60% |
| 2023-12-31 | $6.26 Billion | $-669.67 Million | -0.107x | +15.64% |
| 2022-12-31 | $5.45 Billion | $-690.58 Million | -0.127x | -42.06% |
| 2021-12-31 | $5.04 Billion | $-449.46 Million | -0.089x | -125.94% |
| 2020-12-31 | $5.47 Billion | $-215.89 Million | -0.039x | +65.16% |
| 2019-12-31 | $1.85 Billion | $-209.23 Million | -0.113x | -25.49% |
| 2018-12-31 | $1.58 Billion | $-142.57 Million | -0.090x | -12.60% |
| 2017-12-31 | $1.41 Billion | $-113.02 Million | -0.080x | -57.54% |
| 2016-12-31 | $671.22 Million | $-34.17 Million | -0.051x | +1.59% |
| 2015-12-31 | $731.01 Million | $-37.81 Million | -0.052x | -333.04% |
| 2014-12-31 | $195.94 Million | $4.35 Million | 0.022x | +100.54% |
| 2013-12-31 | $8.68 Million | $-35.49 Million | -4.091x | -46.54% |
| 2012-12-31 | $13.48 Million | $-37.64 Million | -2.792x | -305.24% |
| 2011-12-31 | $54.98 Million | $-37.88 Million | -0.689x | -70.13% |
| 2010-12-31 | $89.60 Million | $-36.28 Million | -0.405x | +66.67% |
| 2009-12-31 | $29.37 Million | $-35.69 Million | -1.215x | -8.01% |
| 2008-12-31 | $28.41 Million | $-31.96 Million | -1.125x | +18.98% |
| 2007-12-31 | $21.05 Million | $-29.23 Million | -1.388x | -70.08% |
| 2006-12-31 | $24.27 Million | $-19.81 Million | -0.816x | +34.96% |
| 2005-12-31 | $13.62 Million | $-17.09 Million | -1.255x | -93.35% |
| 2004-12-31 | $12.72 Million | $-8.26 Million | -0.649x | -- |