Nitro Games Oyj (NITRO) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.096x

Based on the latest financial reports, Nitro Games Oyj (NITRO) has a cash flow conversion efficiency ratio of 0.096x 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 (Skr212.87K ≈ $22.91K USD) by net assets (Skr2.23 Million ≈ $239.88K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Nitro Games Oyj - Cash Flow Conversion Efficiency Trend (2015–2024)

This chart illustrates how Nitro Games Oyj's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read debt load of Nitro Games Oyj for a breakdown of total debt and financial obligations.

Nitro Games Oyj Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Nitro Games Oyj ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Co-Diagnostics, Inc. Common Stock NASDAQ:CODX	-0.301x
Mamba Exploration Ltd AU:M24	-0.144x
European Opportunities Trust plc LSE:EOT	-0.002x
Cluey Ltd AU:CLU	-0.395x
Rathdowney Resources Ltd V:RTH	0.013x
Ronin Resources Ltd AU:RON	0.000x
Vsolar Group Bhd KLSE:0066	-0.083x
MEMPHASYS LTD F:IG7	N/A

Annual Cash Flow Conversion Efficiency for Nitro Games Oyj (2015–2024)

The table below shows the annual cash flow conversion efficiency of Nitro Games Oyj from 2015 to 2024. For the full company profile with market capitalisation and key ratios, see NITRO market cap overview.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	Skr2.38 Million ≈ $256.60K	Skr538.70K ≈ $57.97K	0.226x	+170.93%
2023-12-31	Skr1.69 Million ≈ $181.48K	Skr-537.10K ≈ $-57.80K	-0.318x	+94.47%
2022-12-31	Skr507.67K ≈ $54.63K	Skr-2.92 Million ≈ $-314.54K	-5.757x	-842.84%
2021-12-31	Skr3.90 Million ≈ $419.69K	Skr-2.38 Million ≈ $-256.28K	-0.611x	+39.79%
2020-12-31	Skr1.49 Million ≈ $160.73K	Skr-1.51 Million ≈ $-163.01K	-1.014x	+25.03%
2019-12-31	Skr1.97 Million ≈ $211.72K	Skr-2.66 Million ≈ $-286.39K	-1.353x	-105606.74%
2018-12-31	Skr3.86 Million ≈ $415.44K	Skr-4.94K ≈ $-531.61	-0.001x	+99.81%
2017-12-31	Skr3.25 Million ≈ $349.54K	Skr-2.18 Million ≈ $-234.38K	-0.671x	-86.53%
2016-12-31	Skr1.26 Million ≈ $135.55K	Skr-452.80K ≈ $-48.73K	-0.359x	-652.48%
2015-12-31	Skr703.90K ≈ $75.75K	Skr45.80K ≈ $4.93K	0.065x	--

About Nitro Games Oyj

ST:NITRO Sweden Electronic Gaming & Multimedia

Market Cap

$5.00 Million

Skr46.48 Million SEK

Market Cap Rank

#28364 Global

#641 in Sweden

Share Price

Skr1.87

Change (1 day)

-0.80%

52-Week Range

Skr1.22 - Skr1.88

All Time High

Skr76.40