TH1NG AB (TH1NG) - Cash Flow Conversion Efficiency
Based on the latest financial reports, TH1NG AB (TH1NG) has a cash flow conversion efficiency ratio of 0.336x as of March 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-4.04 Million ≈ $-435.20K USD) by net assets (Skr-12.05 Million ≈ $-1.30 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 TH1NG defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
TH1NG AB - Cash Flow Conversion Efficiency Trend (2018–2024)
This chart illustrates how TH1NG AB's cash flow conversion efficiency has evolved over time, based on yearly financial data.
TH1NG AB Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of TH1NG AB ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
4BASEBIO UK SOCIETAS
LSE:4BB
|
-0.402x |
|
River and Mercantile UK Micro Cap Investment Company Ltd
LSE:RMMC
|
-0.007x |
|
Duros S.A.
AT:DUR
|
-0.182x |
|
Prominence Energy Limited
F:RSX
|
-0.150x |
|
Severfield PLC
LSE:SFR
|
0.125x |
|
Avation PLC
LSE:AVAP
|
-0.005x |
|
Pathfinder Ventures Inc
V:RV
|
0.233x |
|
Venture Life Group PLC
LSE:VLG
|
-0.012x |
Annual Cash Flow Conversion Efficiency for TH1NG AB (2018–2024)
The table below shows the annual cash flow conversion efficiency of TH1NG AB from 2018 to 2024. For the full company profile with market capitalisation and key ratios, see TH1NG market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Skr-4.64 Million ≈ $-499.34K |
Skr-13.65 Million ≈ $-1.47 Million |
2.942x | +212.24% |
| 2023-12-31 | Skr6.99 Million ≈ $752.02K |
Skr-18.32 Million ≈ $-1.97 Million |
-2.621x | -23.12% |
| 2022-12-31 | Skr11.99 Million ≈ $1.29 Million |
Skr-25.52 Million ≈ $-2.75 Million |
-2.129x | -5891.70% |
| 2021-12-31 | Skr19.28 Million ≈ $2.07 Million |
Skr-685.00K ≈ $-73.72K |
-0.036x | +89.34% |
| 2020-12-31 | Skr15.00 Million ≈ $1.61 Million |
Skr-5.00 Million ≈ $-538.08K |
-0.333x | +91.96% |
| 2019-12-31 | Skr1.21 Million ≈ $129.82K |
Skr-5.00 Million ≈ $-538.08K |
-4.145x | +46.89% |
| 2018-12-31 | Skr640.72K ≈ $68.95K |
Skr-5.00 Million ≈ $-538.08K |
-7.804x | -- |
About TH1NG AB
TH1NG AB (publ) develops and delivers socially critical digital infrastructure that enables smart and sustainable societies in Sweden. The company offers various Internet of things platforms and solutions. It also provides broadband, sim cards for devices, and wan network services. The company was incorporated in 2014 and is headquartered in Stockholm, Sweden.