Hexicon AB (HEXI) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Hexicon AB (HEXI) has a cash flow conversion efficiency ratio of 0.041x 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 (Skr-17.90 Million ≈ $-1.93 Million USD) by net assets (Skr-432.40 Million ≈ $-46.53 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 how leveraged is Hexicon AB's balance sheet to measure how much of total assets are equity-financed.
Hexicon AB - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how Hexicon AB's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check HEXI cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Hexicon AB Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Hexicon AB ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Magic Empire Global Limited
NASDAQ:MEGL
|
-0.038x |
|
THOR MNG CUFS/1LS- 00001
F:T5MB
|
N/A |
|
Karma Energy Limited
NSE:KARMAENG
|
0.027x |
|
Opyl Ltd
AU:OPL
|
1.994x |
|
NCC Group plc
LSE:NCC
|
0.124x |
|
Proactis SA
PA:PROAC
|
1.580x |
|
COINSILIUM GROUP LTD
F:5CT
|
N/A |
|
Salarius Pharmaceuticals Inc
NASDAQ:SLRX
|
-0.388x |
Annual Cash Flow Conversion Efficiency for Hexicon AB (2019–2024)
The table below shows the annual cash flow conversion efficiency of Hexicon AB from 2019 to 2024. For the full company profile with market capitalisation and key ratios, see HEXI market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Skr-285.00 Million ≈ $-30.67 Million |
Skr-45.10 Million ≈ $-4.85 Million |
0.158x | +100.12% |
| 2023-12-31 | Skr1.21 Million ≈ $129.89K |
Skr-158.93 Million ≈ $-17.10 Million |
-131.670x | -27500.86% |
| 2022-12-31 | Skr199.38 Million ≈ $21.46 Million |
Skr-95.11 Million ≈ $-10.24 Million |
-0.477x | -191.18% |
| 2021-12-31 | Skr322.85 Million ≈ $34.74 Million |
Skr-52.89 Million ≈ $-5.69 Million |
-0.164x | -345.22% |
| 2020-12-31 | Skr91.85 Million ≈ $9.88 Million |
Skr-3.38 Million ≈ $-363.74K |
-0.037x | +98.94% |
| 2019-12-31 | Skr4.79 Million ≈ $515.27K |
Skr-16.59 Million ≈ $-1.79 Million |
-3.465x | -- |
About Hexicon AB
Hexicon AB (publ) develops floating offshore wind power projects in Sweden and Asia. The company also provides TwinWind, a floating foundation with two turbines to optimize the use of sea surface and increase electricity generation. Hexicon AB (publ) was incorporated in 2009 and is headquartered in Stockholm, Sweden.