Athanase Innovation AB
Athanase Innovation AB (publ) is public investment firm. The company invests in private and public technology and innovation companies. It also develops and sells machine inspection unit, used for automatic quality control, inspection and measurement of pallets. Athanase Innovation AB (publ) was founded in 2016 and is based in Stockholm, Sweden.
Athanase Innovation AB (ATIN) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.037x
Based on the latest financial reports, Athanase Innovation AB (ATIN) has a cash flow conversion efficiency ratio of -0.037x 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 (Skr-16.28 Million) by net assets (Skr435.84 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Athanase Innovation AB - Cash Flow Conversion Efficiency Trend (2018–2025)
This chart illustrates how Athanase Innovation AB's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Athanase Innovation AB Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Athanase Innovation AB ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Patagonia Gold Corp
PINK:HGLD
|
-0.023x |
|
Americore Resources Corp.
V:AMCO
|
-0.612x |
|
Ras Technology Holdings Ltd
AU:RTH
|
0.160x |
|
Harte Hanks Inc
NASDAQ:HHS
|
0.189x |
|
Rand Capital Corp
NASDAQ:RAND
|
0.009x |
|
Viveon Health Acquisition Corp
NYSE MKT:VHAQ
|
0.000x |
|
Nexalin Technology Inc.
NASDAQ:NXL
|
-0.307x |
|
Chibougamau Independent Mines Inc
PINK:CMAUF
|
0.017x |
Annual Cash Flow Conversion Efficiency for Athanase Innovation AB (2018–2025)
The table below shows the annual cash flow conversion efficiency of Athanase Innovation AB from 2018 to 2025.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-06-30 | Skr484.76 Million | Skr-14.96 Million | -0.031x | +76.54% |
| 2024-06-30 | Skr634.09 Million | Skr-83.40 Million | -0.132x | -138.64% |
| 2023-06-30 | Skr791.89 Million | Skr-43.65 Million | -0.055x | -235.90% |
| 2022-06-30 | Skr907.40 Million | Skr-14.89 Million | -0.016x | -100.27% |
| 2021-06-30 | Skr3.73 Million | Skr23.10 Million | 6.185x | +6656.90% |
| 2020-06-30 | Skr244.06 Million | Skr22.34 Million | 0.092x | -16.01% |
| 2019-06-30 | Skr260.43 Million | Skr28.38 Million | 0.109x | +100.30% |
| 2018-06-30 | Skr276.69 Million | Skr15.05 Million | 0.054x | -- |