Ngenic AB (NGENIC) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Ngenic AB (NGENIC) has a cash flow conversion efficiency ratio of 0.592x as of December 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 (Skr-6.67 Million ≈ $-717.48K USD) by net assets (Skr-11.27 Million ≈ $-1.21 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Ngenic AB - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how Ngenic AB's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Ngenic AB (NGENIC) total liabilities for a breakdown of total debt and financial obligations.
Ngenic AB Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Ngenic AB ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
DELPHI WORLD MONEY LIMITED
NSE:DELPHIFX
|
0.057x |
|
GEMINA LABS LTD
F:8I7
|
-0.007x |
|
CanadaBis Capital Inc
V:CANB
|
0.056x |
|
Quartix Holdings Plc
LSE:QTX
|
0.121x |
|
CBEYOND
F:C5B
|
-0.187x |
|
Aptitude Software Group PLC
LSE:APTD
|
-0.016x |
|
Avinger Inc
NASDAQ:AVGR
|
-0.738x |
|
Ausmon Resources Ltd
AU:AOA
|
-0.223x |
Annual Cash Flow Conversion Efficiency for Ngenic AB (2019–2024)
The table below shows the annual cash flow conversion efficiency of Ngenic AB from 2019 to 2024. For the full company profile with market capitalisation and key ratios, see Ngenic AB stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Skr-11.27 Million ≈ $-1.21 Million |
Skr-8.44 Million ≈ $-908.71K |
0.749x | +197.82% |
| 2023-12-31 | Skr18.03 Million ≈ $1.94 Million |
Skr-13.82 Million ≈ $-1.49 Million |
-0.766x | -338.08% |
| 2022-12-31 | Skr38.62 Million ≈ $4.16 Million |
Skr-6.75 Million ≈ $-726.73K |
-0.175x | +59.76% |
| 2021-12-31 | Skr37.98 Million ≈ $4.09 Million |
Skr-16.50 Million ≈ $-1.78 Million |
-0.435x | +70.24% |
| 2020-12-31 | Skr5.30 Million ≈ $570.83K |
Skr-7.75 Million ≈ $-833.72K |
-1.461x | -2783.20% |
| 2019-12-31 | Skr2.33 Million ≈ $250.78K |
Skr-118.05K ≈ $-12.70K |
-0.051x | -- |
About Ngenic AB
Ngenic AB (publ) provides digitalized energy services for consumers, property owners, and energy companies in Sweden. It offers Ngenic Tune, a smart thermostat that collects information about weather, humidity and sunlight, and indoor and outdoor temperature, as well as helps to optimize heating system; and Ngenic Track that collects energy data. The company also provides FairShare, an individual… Read more