Ngenic AB Cash Flow Conversion Efficiency
Ngenic AB 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.
Cash Flow Conversion Efficiency of Ngenic AB (2019–2024)
Cash flow conversion efficiency of Ngenic AB from 2019 to 2024. This chart illustrates how Ngenic AB's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Ngenic AB share price for real-time trading data and today's change.
Ngenic AB Cash Flow Conversion Ratio Explained
Ngenic AB 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.
Ngenic AB Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Ngenic AB ranked by their cash flow conversion efficiency. Also see NGENIC stock market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
GEMINA LABS LTD
F:8I7
|
-0.007x |
|
CanadaBis Capital Inc
V:CANB
|
0.056x |
|
Ranchero Gold Corp
V:RNCH
|
-1.403x |
|
Tarachi Gold Corp
F:4RZ
|
-0.031x |
|
Edison Lithium Corp
V:EDDY
|
-1.162x |
|
CBEYOND
F:C5B
|
0.724x |
|
Central China Real Estate Limited
F:AJ5
|
-0.088x |
|
Westar Resources Ltd
AU:WSR
|
-0.269x |
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. Review NGENIC FCF generation index 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 | 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