Hitech & Development Wireless Sweden Holding AB (publ) Cash Flow Conversion Efficiency
Hitech & Development Wireless Sweden Holding AB (publ) 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.
Cash Flow Conversion Efficiency of Hitech & Development Wireless Sweden Holding AB (publ) (2017–2024)
Cash flow conversion efficiency of Hitech & Development Wireless Sweden Holding AB (publ) from 2017 to 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. View current stock price of Hitech & Development Wireless Sweden Hol for real-time trading data and today's change.
Hitech & Development Wireless Sweden Holding AB (publ) Cash Flow Conversion Ratio Explained
Hitech & Development Wireless Sweden Holding AB (publ) cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see Hitech & Development Wireless Sweden Hol market cap and net worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Midsona AB (publ)
ST:MSON-A
|
0.048x |
|
Poolbeg Pharma PLC
LSE:POLB
|
-0.251x |
|
Everyman Media Group plc
LSE:EMAN
|
0.406x |
|
Meridian Bhd
KLSE:5040
|
-0.045x |
|
Gyldendal A/S
CO:GYLD-B
|
0.262x |
|
Upland Resources Ltd
LSE:UPL
|
-0.179x |
|
ArcelorMittal SA
LSE:0RP9
|
0.077x |
|
African Dawn Capital Ltd
JSE:ADW
|
0.088x |
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. Review free cash flow generation of Hitech & Development Wireless Sweden Hol to assess how much free cash flow the company generates relative to operating cash flow.
| 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