Goobit Group AB (BTCX) - Cash Flow Conversion Efficiency

Latest as of July 2025: 0.705x

Based on the latest financial reports, Goobit Group AB (BTCX) has a cash flow conversion efficiency ratio of 0.705x as of July 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 (Skr6.88 Million ≈ $740.83K USD) by net assets (Skr9.77 Million ≈ $1.05 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 BTCX net asset quality index to measure how much of total assets are equity-financed.

Goobit Group AB - Cash Flow Conversion Efficiency Trend (2019–2025)

This chart illustrates how Goobit Group AB's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Goobit Group AB (BTCX) cash flow quality to evaluate the quality of earnings relative to operating cash generation.

Goobit Group AB Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Goobit Group AB ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Arbuthnot Banking Group Plc LSE:ARBB	0.304x
NEVADA SUNRISE METALS F:K4L	-0.750x
Biosergen AS ST:BIOSGN	-0.954x
Antler Gold Inc V:ANTL	0.002x
Ree Automotive Holding Inc NASDAQ:REE	-1.545x
Ordinary Fully Paid Deferred Settlement AU:CDEDC	N/A
CYCLIQ Group Ltd AU:CYQ	-4.086x
Invinity Energy Systems PLC LSE:IES	-0.083x

Annual Cash Flow Conversion Efficiency for Goobit Group AB (2019–2025)

The table below shows the annual cash flow conversion efficiency of Goobit Group AB from 2019 to 2025. For the full company profile with market capitalisation and key ratios, see Goobit Group AB market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-04-30	Skr11.64 Million ≈ $1.25 Million	Skr-5.06 Million ≈ $-544.86K	-0.435x	-153.55%
2024-04-30	Skr21.30 Million ≈ $2.29 Million	Skr-3.65 Million ≈ $-393.23K	-0.172x	+82.83%
2023-04-30	Skr12.30 Million ≈ $1.32 Million	Skr-12.29 Million ≈ $-1.32 Million	-0.999x	-182.69%
2022-04-30	Skr33.64 Million ≈ $3.62 Million	Skr-11.89 Million ≈ $-1.28 Million	-0.353x	-220.91%
2021-04-30	Skr44.01 Million ≈ $4.74 Million	Skr12.87 Million ≈ $1.38 Million	0.292x	+266.42%
2020-04-30	Skr8.70 Million ≈ $936.04K	Skr694.00K ≈ $74.69K	0.080x	-61.14%
2019-04-30	Skr6.03 Million ≈ $648.92K	Skr1.24 Million ≈ $133.23K	0.205x	--

About Goobit Group AB

ST:BTCX Sweden Financial Data & Stock Exchanges

Market Cap

$1.63 Million

Skr15.17 Million SEK

Market Cap Rank

#30205 Global

#703 in Sweden

Share Price

Skr0.04

Change (1 day)

+7.69%

52-Week Range

Skr0.03 - Skr0.22

All Time High

Skr6.75