Readly International AB Cash Flow Conversion Efficiency
Readly International AB 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.
Cash Flow Conversion Efficiency of Readly International AB (2016–2024)
Cash flow conversion efficiency of Readly International AB from 2016 to 2024. This chart illustrates how Readly International AB's cash flow conversion efficiency has evolved over time, based on yearly financial data. View latest Readly International AB stock price today for real-time trading data and today's change.
Readly International AB Cash Flow Conversion Ratio Explained
Readly International AB cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see READ stock market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
MK Electron Co. Ltd
KQ:033160
|
-0.039x |
|
Texas Ventures Acquisition IV Corp Class A Ordinary Shares
NASDAQ:TVIV
|
-0.001x |
|
Anhui Yuanchen Environmental Protection Science & Technology Co. Ltd.
SHG:688659
|
0.002x |
|
Mediwound Ltd
NASDAQ:MDWD
|
-0.044x |
|
New England Realty Associates LP
NYSE MKT:NEN
|
-0.029x |
|
Kang Yong Electric Public Company Limited
BK:KYE
|
0.013x |
|
Pacific Hospital Supply Co Ltd
TWO:4126
|
0.065x |
|
Pappajack Bhd
KLSE:0242
|
-0.045x |
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. Review Readly International AB (READ) free cash flow to assess how much free cash flow the company generates relative to operating cash flow.
| 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.