SKF AB
SKF AB operates in various business sectors.
SKF AB (SKFA) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 0.037x
Based on the latest financial reports, SKF AB (SKFA) has a cash flow conversion efficiency ratio of 0.037x 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 (€2.15 Billion) by net assets (€57.73 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
SKF AB - Cash Flow Conversion Efficiency Trend (2018–2023)
This chart illustrates how SKF 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.
SKF AB Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of SKF AB ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
WOOLWORTHS
MU:WWR
|
N/A |
|
DIC (DPN.SG)
STU:DPN
|
N/A |
|
Bambuser AB (publ)
PINK:BSKZF
|
-0.206x |
|
Nykredit Inv Lange Ob Akk KL A
CO:NYILOAKLA
|
N/A |
|
Sam-A Aluminium Co. Ltd.
KQ:006110
|
N/A |
|
Quantgate Systems Inc
OTCQB:QGSI
|
0.048x |
|
Corts Trust for BellSouth Debentures
OTCMKTS:KTBA
|
N/A |
|
Marblegate Acquisition Corp. Warrant
NASDAQ:GATEW
|
0.017x |
Annual Cash Flow Conversion Efficiency for SKF AB (2018–2023)
The table below shows the annual cash flow conversion efficiency of SKF AB from 2018 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €54.96 Billion | €13.78 Billion | 0.251x | +140.28% |
| 2022-12-31 | €54.04 Billion | €5.64 Billion | 0.104x | -9.77% |
| 2021-12-31 | €45.37 Billion | €5.25 Billion | 0.116x | -50.01% |
| 2020-12-31 | €35.71 Billion | €8.27 Billion | 0.231x | +13.29% |
| 2019-12-31 | €37.37 Billion | €7.63 Billion | 0.204x | -13.22% |
| 2018-12-31 | €35.45 Billion | €8.35 Billion | 0.235x | -- |