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. See Readly International AB (READ) balance sheet quality index to measure how much of total assets are equity-financed.
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. Check how high is Readly International AB's earnings quality to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
AAPICO Hitech Public Company Limited
BK:AH
|
0.036x |
|
Black Spade Acquisition III Co
NYSE:BIII
|
-0.002x |
|
Micro Systemation AB (publ)
ST:MSAB-B
|
0.606x |
|
Galectin Therapeutics Inc
NASDAQ:GALT
|
0.030x |
|
Iris Acquisition Corp II
NYSE:IRAB
|
0.000x |
|
Siljansvik AB (publ)
ST:SIVI
|
0.023x |
|
Savior Lifetec
TWO:4167
|
-0.026x |
|
New England Realty Associates LP
NYSE MKT:NEN
|
-0.029x |
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 READ company net worth.
| 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.