NEL Hydrogen ASA
NEL Hydrogen ASA operates in Real Estate Operating Companies.
NEL Hydrogen ASA (NELO) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: -0.031x
Based on the latest financial reports, NEL Hydrogen ASA (NELO) has a cash flow conversion efficiency ratio of -0.031x as of June 2024.
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 (Nkr-157.51 Million) by net assets (Nkr5.09 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
NEL Hydrogen ASA - Cash Flow Conversion Efficiency Trend (2013–2023)
This chart illustrates how NEL Hydrogen ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
NEL Hydrogen ASA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of NEL Hydrogen ASA ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
PINE CLIFF ENERGY
BE:IPC
|
0.075x |
|
ATTITUDE PROPERTY LTD
SEM:APL
|
N/A |
|
Medcamp S.A.
WAR:MDP
|
-0.014x |
|
Printcare PLC
CM:CAREN0000
|
N/A |
|
Minh Khang Capital Trading Public JSC
VN:CTP
|
N/A |
|
GPRHF
PINK:GPRHF
|
N/A |
|
Access Engineering PLC
CM:AELN0000
|
N/A |
|
The Container Store Group, Inc.
PINK:TCSG
|
0.096x |
Annual Cash Flow Conversion Efficiency for NEL Hydrogen ASA (2013–2023)
The table below shows the annual cash flow conversion efficiency of NEL Hydrogen ASA from 2013 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | Nkr6.20 Billion | Nkr-669.67 Million | -0.108x | +14.73% |
| 2022-12-31 | Nkr5.45 Billion | Nkr-690.58 Million | -0.127x | -42.06% |
| 2021-12-31 | Nkr5.04 Billion | Nkr-449.46 Million | -0.089x | -125.94% |
| 2020-12-31 | Nkr5.47 Billion | Nkr-215.89 Million | -0.039x | +63.50% |
| 2019-12-31 | Nkr1.85 Billion | Nkr-199.71 Million | -0.108x | -19.57% |
| 2018-12-31 | Nkr1.58 Billion | Nkr-142.82 Million | -0.090x | -12.80% |
| 2017-12-31 | Nkr1.41 Billion | Nkr-113.02 Million | -0.080x | -57.53% |
| 2016-12-31 | Nkr671.22 Million | Nkr-34.17 Million | -0.051x | +1.58% |
| 2015-12-31 | Nkr731.01 Million | Nkr-37.81 Million | -0.052x | -409.92% |
| 2014-12-31 | Nkr195.94 Million | Nkr3.27 Million | 0.017x | +100.41% |
| 2013-12-31 | Nkr8.68 Million | Nkr-35.49 Million | -4.091x | -- |