Readly International AB
Readly International AB (publ) provides digital subscription services for magazines and newspapers in Sweden, Germany, the United Kingdom, and internationally. The company offers national and international magazines and newspapers to its customers, as well as digital gift cards. It also provides titles from publishers. The company was incorporated in 2012 and is headquartered in Stockholm, Sweden.
Readly International AB (READ) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2024: 0.372x
Based on the latest financial reports, Readly International AB (READ) has a cash flow conversion efficiency ratio of 0.372x 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 (Skr26.08 Million) by net assets (Skr70.07 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Readly International AB - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Readly International 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.
Readly International AB Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Readly International AB ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
La Kaffa International Co Ltd
TWO:2732
|
0.078x |
|
AMBRA S.A. A ZY 1
F:1W7
|
N/A |
|
CBI Co. Ltd
KQ:013720
|
-0.022x |
|
Corentec Co Ltd
KQ:104540
|
0.100x |
|
Huhtamaki India Limited
NSE:HUHTAMAKI
|
0.184x |
|
AEC SECURITIES
BK:BYD-R
|
N/A |
|
PWO AG
LSE:0NHL
|
N/A |
|
CSAM Health Group AS
OTCGREY:CSAMF
|
-0.665x |
Annual Cash Flow Conversion Efficiency for Readly International AB (2016–2024)
The table below shows the annual cash flow conversion efficiency of Readly International AB from 2016 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Skr70.07 Million | Skr74.80 Million | 1.068x | +249.64% |
| 2023-12-31 | Skr34.70 Million | Skr-24.75 Million | -0.713x | -3.00% |
| 2022-12-31 | Skr90.56 Million | Skr-62.73 Million | -0.693x | +15.56% |
| 2021-12-31 | Skr201.71 Million | Skr-165.47 Million | -0.820x | -103.37% |
| 2020-12-31 | Skr381.90 Million | Skr-154.04 Million | -0.403x | +80.73% |
| 2019-12-31 | Skr54.77 Million | Skr-114.63 Million | -2.093x | -35.21% |
| 2018-12-31 | Skr41.68 Million | Skr-64.51 Million | -1.548x | -85.44% |
| 2017-12-31 | Skr42.69 Million | Skr-35.63 Million | -0.835x | -120.76% |
| 2016-12-31 | Skr-6.96 Million | Skr-27.98 Million | 4.021x | -- |