Athanase Innovation AB (ATIN) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Athanase Innovation AB (ATIN) has a cash flow conversion efficiency ratio of -0.026x 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 (Skr-11.08 Million ≈ $-1.19 Million USD) by net assets (Skr427.41 Million ≈ $46.00 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Athanase Innovation AB defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
Purple Innovation Inc
NASDAQ:PRPL
|
-0.050x |
|
Silvano Fashion Group AS
WAR:SFG
|
0.016x |
|
Optipharm.CO.LTD
KQ:153710
|
-0.016x |
|
Lexibook Linguistic Electronic System SA
PA:ALLEX
|
-0.217x |
|
InBioGen Co Ltd
KO:101140
|
-0.010x |
|
Dreamus Company
KQ:060570
|
0.097x |
|
Kworld Computer Co Ltd
TWO:3287
|
0.030x |
|
IGM Biosciences Inc
NASDAQ:IGMS
|
-0.503x |
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. For the full company profile with market capitalisation and key ratios, see Athanase Innovation AB stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-06-30 | Skr484.76 Million ≈ $52.17 Million |
Skr-14.96 Million ≈ $-1.61 Million |
-0.031x | +76.54% |
| 2024-06-30 | Skr634.09 Million ≈ $68.24 Million |
Skr-83.40 Million ≈ $-8.98 Million |
-0.132x | -138.64% |
| 2023-06-30 | Skr791.89 Million ≈ $85.22 Million |
Skr-43.65 Million ≈ $-4.70 Million |
-0.055x | -235.90% |
| 2022-06-30 | Skr907.40 Million ≈ $97.65 Million |
Skr-14.89 Million ≈ $-1.60 Million |
-0.016x | -100.27% |
| 2021-06-30 | Skr3.73 Million ≈ $401.95K |
Skr23.10 Million ≈ $2.49 Million |
6.185x | +6656.90% |
| 2020-06-30 | Skr244.06 Million ≈ $26.26 Million |
Skr22.34 Million ≈ $2.40 Million |
0.092x | -16.01% |
| 2019-06-30 | Skr260.43 Million ≈ $28.03 Million |
Skr28.38 Million ≈ $3.05 Million |
0.109x | +100.30% |
| 2018-06-30 | Skr276.69 Million ≈ $29.78 Million |
Skr15.05 Million ≈ $1.62 Million |
0.054x | -- |
About Athanase Innovation AB
Athanase Innovation AB 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 was founded in 2016 and is based in Stockholm, Sweden.