Zignsec AB
ZignSec AB (publ) provides Software as a Service platform with digital real time solutions for customers due diligence and identity verification worldwide. Its platform offers a range of digital verification methods, such as online identity verification, identity document authentication, identity data verification, electronic IDs, identity document verification, biometric check, PEP and sanction … Read more
Zignsec AB (ZIGN) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: -0.012x
Based on the latest financial reports, Zignsec AB (ZIGN) has a cash flow conversion efficiency ratio of -0.012x as of September 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 (Skr-1.50 Million) by net assets (Skr122.20 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Zignsec AB - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how Zignsec 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.
Zignsec AB Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Zignsec AB ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Alliance Aviation Services Ltd
AU:AQZ
|
-0.016x |
|
Minetech Resources Bhd
KLSE:7219
|
0.022x |
|
TURBOMECANICA S.A.
RO:TBM
|
-0.014x |
|
Oasis Home Holding Berhad
KLSE:0357
|
-0.010x |
|
SAF Tehnika A/S
F:VTZ
|
0.121x |
|
Kronox Lab Sciences Ltd
NSE:KRONOX
|
0.104x |
|
MIG Holdings S.A.
F:M3K0
|
N/A |
|
Mikobeaute International Co., Ltd.
TWO:6574
|
0.023x |
Annual Cash Flow Conversion Efficiency for Zignsec AB (2016–2023)
The table below shows the annual cash flow conversion efficiency of Zignsec AB from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | Skr149.62 Million | Skr-25.10 Million | -0.168x | -33.54% |
| 2022-12-31 | Skr213.69 Million | Skr-26.84 Million | -0.126x | -25.70% |
| 2021-12-31 | Skr286.53 Million | Skr-28.63 Million | -0.100x | +38.47% |
| 2020-12-31 | Skr67.71 Million | Skr-11.00 Million | -0.162x | +58.47% |
| 2019-12-31 | Skr32.71 Million | Skr-12.79 Million | -0.391x | -77.72% |
| 2018-12-31 | Skr10.48 Million | Skr-2.31 Million | -0.220x | +84.72% |
| 2017-12-31 | Skr1.27 Million | Skr-1.82 Million | -1.440x | -99.78% |
| 2016-12-31 | Skr2.17 Million | Skr-1.56 Million | -0.721x | -- |