RaySearch Laboratories AB (publ) (RAY-B) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.013x

Based on the latest financial reports, RaySearch Laboratories AB (publ) (RAY-B) has a cash flow conversion efficiency ratio of -0.013x 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-11.60 Million ≈ $-1.25 Million USD) by net assets (Skr919.30 Million ≈ $98.93 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

RaySearch Laboratories AB (publ) - Cash Flow Conversion Efficiency Trend (2003–2024)

This chart illustrates how RaySearch Laboratories AB (publ)'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Read RaySearch Laboratories AB (publ) balance sheet liabilities for a breakdown of total debt and financial obligations.

RaySearch Laboratories AB (publ) Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of RaySearch Laboratories AB (publ) ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
S.J.S. Enterprises Limited NSE:SJS	0.028x
Shenzhen Asiantime International Construction Co Ltd SHE:002811	0.071x
Dap Gayrimenkul Gelistirme AS IS:DAPGM	0.038x
Zhongjin Irradiation Incorporated Company SHE:300962	0.046x
Zhongrui Co Ltd SHE:301587	0.017x
Shanghai Metersbonwe Fashion&Accessories Co Ltd SHE:002269	-0.591x
Daewoong KO:003090	0.052x
Anhui Zhonghuan Environmental Protection Technology Co Ltd SHE:300692	0.028x

Annual Cash Flow Conversion Efficiency for RaySearch Laboratories AB (publ) (2003–2024)

The table below shows the annual cash flow conversion efficiency of RaySearch Laboratories AB (publ) from 2003 to 2024. For the full company profile with market capitalisation and key ratios, see RAY-B market cap overview.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	Skr876.71 Million ≈ $94.35 Million	Skr485.23 Million ≈ $52.22 Million	0.553x	-10.75%
2023-12-31	Skr735.23 Million ≈ $79.12 Million	Skr455.93 Million ≈ $49.07 Million	0.620x	+14.22%
2022-12-31	Skr657.16 Million ≈ $70.72 Million	Skr356.78 Million ≈ $38.39 Million	0.543x	+48.01%
2021-12-31	Skr649.28 Million ≈ $69.87 Million	Skr238.16 Million ≈ $25.63 Million	0.367x	-23.17%
2020-12-31	Skr694.35 Million ≈ $74.72 Million	Skr331.51 Million ≈ $35.68 Million	0.477x	+5.21%
2019-12-31	Skr705.47 Million ≈ $75.92 Million	Skr320.14 Million ≈ $34.45 Million	0.454x	+67.17%
2018-12-31	Skr657.45 Million ≈ $70.75 Million	Skr178.47 Million ≈ $19.21 Million	0.271x	+6.84%
2017-12-31	Skr580.42 Million ≈ $62.46 Million	Skr147.48 Million ≈ $15.87 Million	0.254x	-3.24%
2016-12-31	Skr460.19 Million ≈ $49.52 Million	Skr120.85 Million ≈ $13.01 Million	0.263x	-24.70%
2015-12-31	Skr319.52 Million ≈ $34.39 Million	Skr111.43 Million ≈ $11.99 Million	0.349x	+74.49%
2014-12-31	Skr251.55 Million ≈ $27.07 Million	Skr50.27 Million ≈ $5.41 Million	0.200x	+25.60%
2013-12-31	Skr196.60 Million ≈ $21.16 Million	Skr31.28 Million ≈ $3.37 Million	0.159x	-60.42%
2012-12-31	Skr217.55 Million ≈ $23.41 Million	Skr87.45 Million ≈ $9.41 Million	0.402x	+133.57%
2011-12-31	Skr196.70 Million ≈ $21.17 Million	Skr33.85 Million ≈ $3.64 Million	0.172x	-46.06%
2010-12-31	Skr196.76 Million ≈ $21.17 Million	Skr62.78 Million ≈ $6.76 Million	0.319x	+19.87%
2009-12-31	Skr184.86 Million ≈ $19.89 Million	Skr49.21 Million ≈ $5.30 Million	0.266x	+53.75%
2008-12-31	Skr150.44 Million ≈ $16.19 Million	Skr26.05 Million ≈ $2.80 Million	0.173x	-36.96%
2007-12-31	Skr137.85 Million ≈ $14.83 Million	Skr37.86 Million ≈ $4.07 Million	0.275x	+7.77%
2006-12-31	Skr118.07 Million ≈ $12.71 Million	Skr30.09 Million ≈ $3.24 Million	0.255x	-49.60%
2005-12-31	Skr81.85 Million ≈ $8.81 Million	Skr41.39 Million ≈ $4.45 Million	0.506x	+28.56%
2004-12-31	Skr32.72 Million ≈ $3.52 Million	Skr12.87 Million ≈ $1.39 Million	0.393x	+11.83%
2003-12-31	Skr19.82 Million ≈ $2.13 Million	Skr6.97 Million ≈ $750.30K	0.352x	--

About RaySearch Laboratories AB (publ)

ST:RAY-B Sweden Health Information Services

Market Cap

$625.45 Million

Skr5.81 Billion SEK

Market Cap Rank

#11392 Global

#178 in Sweden

Share Price

Skr188.70

Change (1 day)

+3.80%

52-Week Range

Skr168.40 - Skr365.50

All Time High

Skr365.50