Hitech & Development Wireless Sweden Holding AB (publ) (HDW-B) - Cash Flow Conversion Efficiency
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 ≈ $-1.20 Million USD) by net assets (Skr5.05 Million ≈ $543.68K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See HDW-B equity financing ratio to measure how much of total assets are equity-financed.
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. Check earnings quality score of Hitech & Development Wireless Sweden Hol to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Poolbeg Pharma PLC
LSE:POLB
|
-0.251x |
|
STV Group plc
LSE:STVG
|
-0.602x |
|
International Parkside Products Inc
V:IPD
|
0.368x |
|
Gulf Resources Inc
F:R29B
|
-0.004x |
|
ArcelorMittal SA
LSE:0RP9
|
0.077x |
|
Steppe Cement
LSE:STCM
|
0.038x |
|
African Dawn Capital Ltd
JSE:ADW
|
0.088x |
|
Staffline Group Plc
LSE:STAF
|
0.275x |
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. For the full company profile with market capitalisation and key ratios, see market cap of Hitech & Development Wireless Sweden Hol.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Skr4.37 Million ≈ $469.96K |
Skr-10.78 Million ≈ $-1.16 Million |
-2.468x | -149.19% |
| 2023-12-31 | Skr17.51 Million ≈ $1.88 Million |
Skr-17.34 Million ≈ $-1.87 Million |
-0.991x | -61.83% |
| 2022-12-31 | Skr36.32 Million ≈ $3.91 Million |
Skr-22.23 Million ≈ $-2.39 Million |
-0.612x | -5.59% |
| 2021-12-31 | Skr50.42 Million ≈ $5.43 Million |
Skr-29.23 Million ≈ $-3.15 Million |
-0.580x | -90.05% |
| 2020-12-31 | Skr59.21 Million ≈ $6.37 Million |
Skr-18.06 Million ≈ $-1.94 Million |
-0.305x | +41.62% |
| 2019-12-31 | Skr62.38 Million ≈ $6.71 Million |
Skr-32.59 Million ≈ $-3.51 Million |
-0.522x | +36.81% |
| 2018-12-31 | Skr40.33 Million ≈ $4.34 Million |
Skr-33.35 Million ≈ $-3.59 Million |
-0.827x | -322.07% |
| 2017-12-31 | Skr44.49 Million ≈ $4.79 Million |
Skr-8.72 Million ≈ $-937.98K |
-0.196x | -- |
About 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