Hitech & Development Wireless Sweden Holding AB (publ)
Hitech & Development Wireless Sweden Holding AB (publ) provides technology and services within Internet of Things (IoT) and real-time location system (RTLS) in Sweden. The company offers Griffin Enterprise Positioning Services, an IoT cloud platform, which provides RTLS solutions that helps companies to digitize and visualize business processes in real-time in the fields of industry, construction… Read more
Hitech & Development Wireless Sweden Holding AB (publ) (HDW-B) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2025: -2.203x
Based on the latest financial reports, Hitech & Development Wireless Sweden Holding AB (publ) (HDW-B) has a cash flow conversion efficiency ratio of -2.203x as of June 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-11.13 Million) by net assets (Skr5.05 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Hitech & Development Wireless Sweden Holding AB (publ) - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Hitech & Development Wireless Sweden Holding AB (publ)'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Hitech & Development Wireless Sweden Holding AB (publ) Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Hitech & Development Wireless Sweden Holding AB (publ) ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
SLGWQ
PINK:SLGWQ
|
0.045x |
|
Battery X Metals Inc.
OTCQB:BATXF
|
-0.136x |
|
Zegona Communications Plc
LSE:ZEG
|
0.120x |
|
Onward Holdings Co Ltd
PINK:OKASY
|
N/A |
|
OPEN HOUSE
BE:O4H
|
N/A |
|
MAGNA INTL
MU:MGA
|
0.057x |
|
EUWAX - Dusseldorf Stock Exchang
DU:EUX
|
N/A |
|
DMG MORI SEIKI - Dusseldorf Stock Exchang
DU:GIL
|
N/A |
Annual Cash Flow Conversion Efficiency for Hitech & Development Wireless Sweden Holding AB (publ) (2017–2024)
The table below shows the annual cash flow conversion efficiency of Hitech & Development Wireless Sweden Holding AB (publ) from 2017 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Skr4.37 Million | Skr-10.78 Million | -2.468x | -149.19% |
| 2023-12-31 | Skr17.51 Million | Skr-17.34 Million | -0.991x | -61.83% |
| 2022-12-31 | Skr36.32 Million | Skr-22.23 Million | -0.612x | -5.59% |
| 2021-12-31 | Skr50.42 Million | Skr-29.23 Million | -0.580x | -90.05% |
| 2020-12-31 | Skr59.21 Million | Skr-18.06 Million | -0.305x | +41.62% |
| 2019-12-31 | Skr62.38 Million | Skr-32.59 Million | -0.522x | +36.81% |
| 2018-12-31 | Skr40.33 Million | Skr-33.35 Million | -0.827x | -322.07% |
| 2017-12-31 | Skr44.49 Million | Skr-8.72 Million | -0.196x | -- |