Pierce Group AB (PIERCE) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Pierce Group AB (PIERCE) has a cash flow conversion efficiency ratio of -0.026x 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 (Skr-17.00 Million ≈ $-1.83 Million USD) by net assets (Skr660.00 Million ≈ $71.03 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See PIERCE net asset quality index to measure how much of total assets are equity-financed.
Pierce Group AB - Cash Flow Conversion Efficiency Trend (2018–2024)
This chart illustrates how Pierce Group AB's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is Pierce Group AB's earnings quality to evaluate the quality of earnings relative to operating cash generation.
Pierce Group AB Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Pierce Group AB ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
MaxCyte Inc
NASDAQ:MXCT
|
-0.041x |
|
Abonmax Co Ltd
TW:2429
|
-0.075x |
|
S 11 Group Public Company Limited
BK:S11
|
0.020x |
|
EBR Systems Inc
AU:EBR
|
-0.605x |
|
ASolid Technology Co Ltd
TWO:6485
|
0.027x |
|
Anixa Biosciences Inc
NASDAQ:ANIX
|
-0.132x |
|
Collins Co Ltd
TW:2906
|
0.068x |
|
Safe Pro Group Inc.
NASDAQ:SPAI
|
-0.151x |
Annual Cash Flow Conversion Efficiency for Pierce Group AB (2018–2024)
The table below shows the annual cash flow conversion efficiency of Pierce Group AB from 2018 to 2024. For the full company profile with market capitalisation and key ratios, see how much is Pierce Group AB worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Skr666.00 Million ≈ $71.67 Million |
Skr105.00 Million ≈ $11.30 Million |
0.158x | -22.16% |
| 2023-12-31 | Skr627.00 Million ≈ $67.48 Million |
Skr127.00 Million ≈ $13.67 Million |
0.203x | +1518.16% |
| 2022-12-31 | Skr719.00 Million ≈ $77.38 Million |
Skr9.00 Million ≈ $968.54K |
0.013x | +109.05% |
| 2021-12-31 | Skr441.00 Million ≈ $47.46 Million |
Skr-61.00 Million ≈ $-6.56 Million |
-0.138x | -105.05% |
| 2020-12-31 | Skr57.00 Million ≈ $6.13 Million |
Skr156.00 Million ≈ $16.79 Million |
2.737x | +1894.15% |
| 2019-12-31 | Skr59.00 Million ≈ $6.35 Million |
Skr-9.00 Million ≈ $-968.54K |
-0.153x | +70.43% |
| 2018-12-31 | Skr95.00 Million ≈ $10.22 Million |
Skr-49.00 Million ≈ $-5.27 Million |
-0.516x | -- |
About Pierce Group AB
Pierce Group AB (publ), an e-commerce company, engages in the sale of motorcycle and snowmobile gears, parts, and accessories across Europe. It operates in three segments: Offroad, Onroad, and Other. The company serves motocross and enduro riders under the 24MX brand; highroad motorcycle riders under the XLMOTO brand; and snowmobile riders under the Sledstore brand. Pierce Group AB (publ) was fou… Read more