Fragbite Group AB (FRAG) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Fragbite Group AB (FRAG) has a cash flow conversion efficiency ratio of -0.211x 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 (Skr2.84 Million ≈ $305.84K USD) by net assets (Skr-13.47 Million ≈ $-1.45 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 FRAG cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Fragbite Group AB - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how Fragbite Group AB's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Fragbite Group AB Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Fragbite Group AB ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Inspire Veterinary Partners, Inc. Class A Common Stock
NASDAQ:IVP
|
-0.308x |
|
FEEDBACK PLC LS-5
F:GZM0
|
N/A |
|
Youxin Technology Ltd Class A Ordinary shares
NASDAQ:YAAS
|
-0.202x |
|
Forbidden Foods Ltd
AU:FFF
|
-0.112x |
|
ModivCare Inc
NASDAQ:MODV
|
0.937x |
|
REY Resources Ltd
AU:REY
|
-0.165x |
|
Route1 Inc
V:ROI
|
-0.683x |
|
Lasa Supergenerics Limited
NSE:LASA
|
0.005x |
Annual Cash Flow Conversion Efficiency for Fragbite Group AB (2019–2024)
The table below shows the annual cash flow conversion efficiency of Fragbite Group AB from 2019 to 2024. For the full company profile with market capitalisation and key ratios, see how much is Fragbite Group AB worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Skr80.89 Million ≈ $8.71 Million |
Skr-9.01 Million ≈ $-969.19K |
-0.111x | -1049.27% |
| 2023-12-31 | Skr146.07 Million ≈ $15.72 Million |
Skr-1.42 Million ≈ $-152.28K |
-0.010x | -103.63% |
| 2022-12-31 | Skr161.51 Million ≈ $17.38 Million |
Skr43.10 Million ≈ $4.64 Million |
0.267x | +1280.02% |
| 2021-12-31 | Skr203.25 Million ≈ $21.87 Million |
Skr3.93 Million ≈ $422.93K |
0.019x | +112.62% |
| 2020-12-31 | Skr67.66 Million ≈ $7.28 Million |
Skr-10.36 Million ≈ $-1.12 Million |
-0.153x | +83.07% |
| 2019-12-31 | Skr15.68 Million ≈ $1.69 Million |
Skr-14.18 Million ≈ $-1.53 Million |
-0.905x | -- |
About Fragbite Group AB
Fragbite Group AB (publ) develops and publishes games and esports content for the GAMING, ESPORTS, and WEB3 markets in the Nordic region. It develops various platforms, such as PC, mobile, and console and modern web3 platforms built on blockchain technology. The company was formerly known as FunRock AB and changed its name to Fragbite Group AB (publ) in June 2021. The company was founded in 2002 … Read more