Vitesco Technologies Group Aktiengesellschaft
Vitesco Technologies Group Aktiengesellschaft develops and produces components and system solutions for power trains in hybrid vehicles, electric vehicles, and combustion engines in Germany and internationally. The company operates through Electrification Technology, Electronic Controls, Sensing & Actuation, and Contract Manufacturing segments. It offers 48-volt electrification solutions, electri… Read more
Vitesco Technologies Group Aktiengesellschaft (VTSCY) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: -0.072x
Based on the latest financial reports, Vitesco Technologies Group Aktiengesellschaft (VTSCY) has a cash flow conversion efficiency ratio of -0.072x as of June 2024.
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 ($-211.80 Million) by net assets ($2.93 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Vitesco Technologies Group Aktiengesellschaft - Cash Flow Conversion Efficiency Trend (2018–2023)
This chart illustrates how Vitesco Technologies Group Aktiengesellschaft's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Vitesco Technologies Group Aktiengesellschaft Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Vitesco Technologies Group Aktiengesellschaft ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Tanzanian Royalty Exploration Corp
NYSE MKT:TRX
|
0.039x |
|
Baolingbao Biology Co Ltd
SHE:002286
|
0.061x |
|
Hangzhou Huawang New Material Technology Co.Ltd.
SHG:605377
|
0.026x |
|
Hinova Pharmaceuticals Inc. A
SHG:688302
|
N/A |
|
Kunshan Top A Intelligent Equipment
SHE:300836
|
-0.017x |
|
Replimune Group Inc
NASDAQ:REPL
|
-0.313x |
|
Queclink Wireless Solutions Co Ltd
SHE:300590
|
0.044x |
|
Wacker Neuson SE
PINK:WKRCF
|
0.039x |
Annual Cash Flow Conversion Efficiency for Vitesco Technologies Group Aktiengesellschaft (2018–2023)
The table below shows the annual cash flow conversion efficiency of Vitesco Technologies Group Aktiengesellschaft from 2018 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $2.85 Billion | $629.00 Million | 0.221x | +14.07% |
| 2022-12-31 | $3.06 Billion | $592.10 Million | 0.193x | +24.11% |
| 2021-12-31 | $2.69 Billion | $418.90 Million | 0.156x | +7095.15% |
| 2020-12-31 | $2.65 Billion | $-5.90 Million | -0.002x | -101.02% |
| 2019-12-31 | $3.18 Billion | $692.50 Million | 0.218x | +63.29% |
| 2018-12-31 | $5.09 Billion | $679.60 Million | 0.133x | -- |