Neste Corp
Neste Corp operates in various business sectors.
Neste Corp (NEF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 0.001x
Based on the latest financial reports, Neste Corp (NEF) has a cash flow conversion efficiency ratio of 0.001x as of June 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 (€11.00 Million) by net assets (€7.53 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Neste Corp - Cash Flow Conversion Efficiency Trend (2018–2023)
This chart illustrates how Neste Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Neste Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Neste Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Nate's Food Co
PINK:NHMD
|
0.147x |
|
Capitan Investment Ltd
V:CAI
|
0.042x |
|
Albaraka Turk Katilim Bankasi AS
IS:ALBRK
|
-0.403x |
|
Evome Medical Technologies Inc.
V:EVMT
|
-0.521x |
|
SUMITOMO HEAVY IND
MU:SSM1
|
0.024x |
|
Lån & Spar Invest Globale Akt Basis Akk
CO:LSIGAA
|
N/A |
|
DAIWA HOUSE IND
MU:DWH
|
N/A |
|
Aures Technologies S.A.
PA:ALAUR
|
-0.344x |
Annual Cash Flow Conversion Efficiency for Neste Corp (2018–2023)
The table below shows the annual cash flow conversion efficiency of Neste Corp from 2018 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €8.46 Billion | €2.28 Billion | 0.269x | +87.33% |
| 2022-12-31 | €8.33 Billion | €1.20 Billion | 0.144x | -49.64% |
| 2021-12-31 | €6.99 Billion | €1.99 Billion | 0.285x | -17.72% |
| 2020-12-31 | €5.93 Billion | €2.06 Billion | 0.347x | +57.17% |
| 2019-12-31 | €5.92 Billion | €1.31 Billion | 0.221x | -29.61% |
| 2018-12-31 | €4.63 Billion | €1.45 Billion | 0.314x | -- |