Harm Reduction Group AB
Harm Reduction Group AB (publ) provides legal nicotine products as a substitute for the harmful tobacco smoking. It also offers electronic cigarettes. The company offer its products under Norse, IVG, Aroma King, and other brands. It sells its products through physical stores, e-commerce, brands, and retail sales. The company was formerly known as Norse Impact AB (publ) and changed its name to Har… Read more
Harm Reduction Group AB (NOHARM) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2023: -0.080x
Based on the latest financial reports, Harm Reduction Group AB (NOHARM) has a cash flow conversion efficiency ratio of -0.080x as of September 2023.
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-4.26 Million) by net assets (Skr53.03 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Harm Reduction Group AB - Cash Flow Conversion Efficiency Trend (2021–2022)
This chart illustrates how Harm Reduction Group 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.
Harm Reduction Group AB Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Harm Reduction Group AB ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
IMAX (IMA.SG)
STU:IMA
|
0.096x |
|
INSPERITY
BE:ASF
|
-1.200x |
|
Ayala Corp Preferred Series 3
PSE:ACPB3
|
N/A |
|
INVESTOR -B-
BE:IVSB
|
N/A |
|
Asia Pacific Investama Tbk PT
JK:MYTX
|
-0.011x |
|
Freedom Care Group Holdings Ltd
AU:FCG
|
0.481x |
|
Asuransi Bina Dana Arta Tbk
JK:ABDA
|
0.018x |
|
ALMAC Co. Ltd.
KQ:354320
|
N/A |
Annual Cash Flow Conversion Efficiency for Harm Reduction Group AB (2021–2022)
The table below shows the annual cash flow conversion efficiency of Harm Reduction Group AB from 2021 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-09-30 | Skr69.54 Million | Skr-26.76 Million | -0.385x | +21.54% |
| 2021-09-30 | Skr30.75 Million | Skr-15.08 Million | -0.490x | -- |