Minesto AB
Minesto AB (publ), together with its subsidiaries, operates as a marine energy developer in Sweden, Wales, the Faroe Islands, Northern Ireland, and Taiwan. The company offers kite system turbines, which produces electricity from tidal streams and ocean currents. It also provides site development, operations, and maintenance services. Minesto AB (publ) was incorporated in 2007 and is headquartered… Read more
Minesto AB (MINEST) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.002x
Based on the latest financial reports, Minesto AB (MINEST) has a cash flow conversion efficiency ratio of -0.002x 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-1.16 Million) by net assets (Skr554.23 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Minesto AB - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Minesto AB's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Minesto AB Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Minesto AB ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Proud Real Estate Public Company Limited
BK:PROUD
|
0.314x |
|
APTAMER GROUP LTD LS-001
F:P0J
|
N/A |
|
Strong H Machinery Technology (Cayman) Incorporation
TW:4560
|
0.045x |
|
Atlas Menkul Kiymetler Yatirim Ortakligi AS
IS:ATLAS
|
0.034x |
|
Jindo.Co. Ltd
KO:088790
|
-0.056x |
|
Bcal Diagnostics Ltd
AU:BDX
|
-0.999x |
|
Ryvyl Inc
NASDAQ:RVYL
|
0.948x |
|
REMSleep Holdings Inc
OTCQB:RMSL
|
-0.265x |
Annual Cash Flow Conversion Efficiency for Minesto AB (2013–2024)
The table below shows the annual cash flow conversion efficiency of Minesto AB from 2013 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Skr568.65 Million | Skr-10.22 Million | -0.018x | +42.01% |
| 2023-12-31 | Skr522.75 Million | Skr-16.20 Million | -0.031x | +61.59% |
| 2022-12-31 | Skr453.34 Million | Skr-36.58 Million | -0.081x | -112.59% |
| 2021-12-31 | Skr537.75 Million | Skr-20.41 Million | -0.038x | -118.09% |
| 2020-12-31 | Skr411.78 Million | Skr86.41 Million | 0.210x | +184.11% |
| 2019-12-31 | Skr398.70 Million | Skr-99.47 Million | -0.249x | -125.64% |
| 2018-12-31 | Skr304.22 Million | Skr-33.64 Million | -0.111x | -31.90% |
| 2017-12-31 | Skr251.48 Million | Skr-21.08 Million | -0.084x | +43.31% |
| 2016-12-31 | Skr185.29 Million | Skr-27.40 Million | -0.148x | -208.49% |
| 2015-12-31 | Skr198.22 Million | Skr-9.50 Million | -0.048x | +17.51% |
| 2014-12-31 | Skr80.58 Million | Skr-4.68 Million | -0.058x | +77.91% |
| 2013-12-31 | Skr65.58 Million | Skr-17.25 Million | -0.263x | -- |