Readly International AB (READ) - Cash Flow Conversion Efficiency
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 ≈ $2.81 Million USD) by net assets (Skr70.07 Million ≈ $7.54 Million USD). 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. Read Readly International AB debt and liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Oando PLC
JSE:OAO
|
-0.158x |
|
KGL Resources Ltd
AU:KGL
|
-0.009x |
|
Acumen Pharmaceuticals Inc
NASDAQ:ABOS
|
-0.271x |
|
Epsilon Energy Ltd
NASDAQ:EPSN
|
0.040x |
|
Enlivex Therapeutics Ltd
TA:ENLV
|
-0.131x |
|
HB Technology CO.LTD
KQ:078150
|
0.041x |
|
PT Buana Artha Anugerah Tbk
JK:STAR
|
-0.003x |
|
1Stdibs.Com Inc
NASDAQ:DIBS
|
0.046x |
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. For the full company profile with market capitalisation and key ratios, see Readly International AB stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Skr70.07 Million ≈ $7.54 Million |
Skr74.80 Million ≈ $8.05 Million |
1.068x | +249.64% |
| 2023-12-31 | Skr34.70 Million ≈ $3.73 Million |
Skr-24.75 Million ≈ $-2.66 Million |
-0.713x | -3.00% |
| 2022-12-31 | Skr90.56 Million ≈ $9.75 Million |
Skr-62.73 Million ≈ $-6.75 Million |
-0.693x | +15.56% |
| 2021-12-31 | Skr201.71 Million ≈ $21.71 Million |
Skr-165.47 Million ≈ $-17.81 Million |
-0.820x | -103.37% |
| 2020-12-31 | Skr381.90 Million ≈ $41.10 Million |
Skr-154.04 Million ≈ $-16.58 Million |
-0.403x | +80.73% |
| 2019-12-31 | Skr54.77 Million ≈ $5.89 Million |
Skr-114.63 Million ≈ $-12.34 Million |
-2.093x | -35.21% |
| 2018-12-31 | Skr41.68 Million ≈ $4.49 Million |
Skr-64.51 Million ≈ $-6.94 Million |
-1.548x | -85.44% |
| 2017-12-31 | Skr42.69 Million ≈ $4.59 Million |
Skr-35.63 Million ≈ $-3.83 Million |
-0.835x | -120.76% |
| 2016-12-31 | Skr-6.96 Million ≈ $-748.79K |
Skr-27.98 Million ≈ $-3.01 Million |
4.021x | -- |
About 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.