SPENN Technology A/S
SPARK Technology A/S, a FinTech company, provides digital banking and payments services through software-as-a-service (SaaS) solution in Denmark. The company offers SPENN platform, a financial platform for financial inclusion through mobile banking applications and empowering businesses through payment solutions. It also engages in the development, maintenance, licensing, and sale of IT-systems a… Read more
SPENN Technology A/S (SPNNF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: -0.110x
Based on the latest financial reports, SPENN Technology A/S (SPNNF) has a cash flow conversion efficiency ratio of -0.110x as of June 2023.
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 ($-16.79 Million) by net assets ($152.22 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
SPENN Technology A/S - Cash Flow Conversion Efficiency Trend (2019–2023)
This chart illustrates how SPENN Technology 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.
SPENN Technology A/S Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of SPENN Technology A/S ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Soltec Power Holdings S.A
MC:SOL
|
-0.046x |
|
Suratwwala Business Group Limited
NSE:SBGLP
|
0.004x |
|
Greystone Logistics
OTCQB:GLGI
|
-0.046x |
|
KENEDIX OFFICE INV. CORP.
F:K9R
|
N/A |
|
Nortech Systems Incorporated
NASDAQ:NSYS
|
-0.003x |
|
Ennogie Solar Group A/S
CO:ESG
|
0.032x |
|
Loyal Lithium Ltd.
AU:LLI
|
0.010x |
|
Power Minerals Ltd
AU:PNN
|
-0.042x |
Annual Cash Flow Conversion Efficiency for SPENN Technology A/S (2019–2023)
The table below shows the annual cash flow conversion efficiency of SPENN Technology A/S from 2019 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $95.56 Million | $-48.40 Million | -0.506x | -2466.86% |
| 2022-12-31 | $186.38 Million | $3.99 Million | 0.021x | +102.80% |
| 2021-12-31 | $75.66 Million | $-57.79 Million | -0.764x | +98.38% |
| 2020-12-31 | $494.40K | $-23.30 Million | -47.117x | -3799.73% |
| 2019-12-31 | $6.63 Million | $-8.01 Million | -1.208x | -- |