Novo Nordisk A/S
Novo Nordisk A/S, together with its subsidiaries, engages in the research and development, manufacture, and distribution of pharmaceutical products. It operates through two segments, Obesity and Diabetes Care, and Rare Disease. The Obesity and Diabetes care segment provides products for diabetes, obesity, cardiovascular, and other emerging therapy areas. The Rare Disease segment offers products i… Read more
Novo Nordisk A/S (NONOF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2025: 0.039x
Based on the latest financial reports, Novo Nordisk A/S (NONOF) has a cash flow conversion efficiency ratio of 0.039x as of December 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 ($7.60 Billion) by net assets ($193.61 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Novo Nordisk A/S - Cash Flow Conversion Efficiency Trend (1990–2025)
This chart illustrates how Novo Nordisk A/S's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Novo Nordisk A/S Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Novo Nordisk A/S ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
0QZO
LSE:0QZO
|
0.063x |
|
TJX Cos.
LSE:0LCE
|
0.304x |
|
Texas Instruments Incorporated
NASDAQ:TXN
|
0.139x |
|
Thermo Fisher Scientific Inc
NYSE:TMO
|
0.044x |
|
Walt Disney Company
NYSE:DIS
|
0.006x |
|
HSBC Holdings PLC
PINK:HBCYF
|
0.002x |
|
The TJX Companies Inc
NYSE:TJX
|
0.164x |
|
Intuitive Surgical Inc
NASDAQ:ISRG
|
0.050x |
Annual Cash Flow Conversion Efficiency for Novo Nordisk A/S (1990–2025)
The table below shows the annual cash flow conversion efficiency of Novo Nordisk A/S from 1990 to 2025.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $193.61 Billion | $118.83 Billion | 0.614x | -27.20% |
| 2024-12-31 | $143.49 Billion | $120.97 Billion | 0.843x | -17.51% |
| 2023-12-31 | $106.56 Billion | $108.91 Billion | 1.022x | +8.16% |
| 2022-12-31 | $83.49 Billion | $78.89 Billion | 0.945x | +21.54% |
| 2021-12-31 | $70.75 Billion | $55.00 Billion | 0.777x | -5.24% |
| 2020-12-31 | $63.33 Billion | $51.95 Billion | 0.820x | +1.00% |
| 2019-12-31 | $57.59 Billion | $46.78 Billion | 0.812x | -5.62% |
| 2018-12-31 | $51.84 Billion | $44.62 Billion | 0.861x | +4.14% |
| 2017-12-31 | $49.81 Billion | $41.17 Billion | 0.826x | -22.57% |
| 2016-12-31 | $45.27 Billion | $48.31 Billion | 1.067x | +30.93% |
| 2015-12-31 | $46.97 Billion | $38.29 Billion | 0.815x | +3.64% |
| 2014-12-31 | $40.29 Billion | $31.69 Billion | 0.787x | +29.06% |
| 2013-12-31 | $42.57 Billion | $25.94 Billion | 0.609x | +11.47% |
| 2012-12-31 | $40.63 Billion | $22.21 Billion | 0.547x | -4.21% |
| 2011-12-31 | $37.45 Billion | $21.37 Billion | 0.571x | +7.21% |
| 2010-12-31 | $36.97 Billion | $19.68 Billion | 0.532x | +23.71% |
| 2009-12-31 | $35.73 Billion | $15.38 Billion | 0.430x | +10.31% |
| 2008-12-31 | $33.06 Billion | $12.90 Billion | 0.390x | +25.74% |
| 2007-12-31 | $32.22 Billion | $10.00 Billion | 0.310x | +20.76% |
| 2006-12-31 | $30.13 Billion | $7.74 Billion | 0.257x | -18.51% |
| 2005-12-31 | $27.59 Billion | $8.70 Billion | 0.315x | +10.07% |
| 2004-12-31 | $26.69 Billion | $7.64 Billion | 0.286x | +17.27% |
| 2003-12-31 | $25.29 Billion | $6.18 Billion | 0.244x | +14.69% |
| 2002-12-31 | $22.90 Billion | $4.88 Billion | 0.213x | -0.77% |
| 2001-12-31 | $20.08 Billion | $4.31 Billion | 0.215x | -35.77% |
| 2000-12-31 | $15.75 Billion | $5.26 Billion | 0.334x | +71.52% |
| 1999-12-31 | $18.63 Billion | $3.63 Billion | 0.195x | +1.11% |
| 1998-12-31 | $18.04 Billion | $3.48 Billion | 0.193x | +15.51% |
| 1997-12-31 | $18.17 Billion | $3.03 Billion | 0.167x | +39.10% |
| 1996-12-31 | $16.02 Billion | $1.92 Billion | 0.120x | -31.64% |
| 1995-12-31 | $14.42 Billion | $2.53 Billion | 0.175x | -13.47% |
| 1994-12-31 | $13.13 Billion | $2.66 Billion | 0.203x | +26.76% |
| 1993-12-31 | $11.95 Billion | $1.91 Billion | 0.160x | +27.15% |
| 1992-12-31 | $10.56 Billion | $1.33 Billion | 0.126x | +0.76% |
| 1991-12-31 | $9.50 Billion | $1.19 Billion | 0.125x | -41.66% |
| 1990-12-31 | $7.03 Billion | $1.50 Billion | 0.214x | -- |