Socovesa Cash Flow Conversion Efficiency
Socovesa cash flow conversion efficiency. Based on the latest financial reports, Socovesa (SOCOVESA) has a cash flow conversion efficiency ratio of -0.112x 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 (CL$-41.97 Billion ≈ $-46.93 Million USD) by net assets (CL$374.85 Billion ≈ $419.22 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Socovesa (2014–2022)
Cash flow conversion efficiency of Socovesa from 2014 to 2022. This chart illustrates how Socovesa's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Socovesa (SOCOVESA) share price today for real-time trading data and today's change.
Socovesa Cash Flow Conversion Ratio Explained
Socovesa cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Socovesa Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Socovesa ranked by their cash flow conversion efficiency. Also see Socovesa (SOCOVESA) market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Jiangsu Boamax Technologies Group Co Ltd
SHE:002514
|
-0.221x |
|
Hanyang Digitech Co. Ltd
KQ:078350
|
0.085x |
|
GBank Financial Holdings Inc. Common Stock
NASDAQ:GBFH
|
-0.058x |
|
Udaipur Cement Works Limited
NSE:UDAICEMENT
|
0.038x |
|
Blue Acquisition Corp. Class A Ordinary Shares
NASDAQ:BACC
|
-0.001x |
|
NXG NextGen Infrastructure Income Fund
NYSE:NXG
|
0.768x |
|
Darwin Precisions Corp
TW:6120
|
-0.077x |
|
Vertiseit AB Series B
ST:VERT-B
|
0.029x |
Annual Cash Flow Conversion Efficiency for Socovesa (2014–2022)
The table below shows the annual cash flow conversion efficiency of Socovesa from 2014 to 2022. Review Socovesa free cash flow ratio to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | CL$390.94 Billion ≈ $437.20 Million |
CL$-137.37 Billion ≈ $-153.63 Million |
-0.351x | -341.47% |
| 2021-12-31 | CL$392.30 Billion ≈ $438.73 Million |
CL$57.09 Billion ≈ $63.84 Million |
0.146x | +11.55% |
| 2020-12-31 | CL$369.90 Billion ≈ $413.68 Million |
CL$48.26 Billion ≈ $53.97 Million |
0.130x | +171.30% |
| 2019-12-31 | CL$357.93 Billion ≈ $400.28 Million |
CL$-65.49 Billion ≈ $-73.24 Million |
-0.183x | +12.62% |
| 2018-12-31 | CL$347.16 Billion ≈ $388.25 Million |
CL$-72.70 Billion ≈ $-81.30 Million |
-0.209x | -567.05% |
| 2017-12-31 | CL$326.63 Billion ≈ $365.28 Million |
CL$14.64 Billion ≈ $16.38 Million |
0.045x | +1115.16% |
| 2016-12-31 | CL$302.63 Billion ≈ $338.45 Million |
CL$-1.34 Billion ≈ $-1.49 Million |
-0.004x | -101.74% |
| 2015-12-31 | CL$287.34 Billion ≈ $321.35 Million |
CL$73.08 Billion ≈ $81.72 Million |
0.254x | +41.13% |
| 2014-12-31 | CL$270.17 Billion ≈ $302.14 Million |
CL$48.69 Billion ≈ $54.45 Million |
0.180x | -- |
About Socovesa
Socovesa S.A. engages in the real estate development and construction businesses under the Almagro, Socovesa, Pilares, and Desarrollos Comerciales brands in Chile. The company constructs various projects, such as houses, buildings, bridges, roads, dams, irrigation works, tunnels, ports, airports, and earthworks. It also develops high-rise housing projects. Socovesa S.A. was founded in 1965 and is… Read more