Kernel Holding SA (KER) - Cash Flow Conversion Efficiency

Latest as of December 2025: -0.080x

Based on the latest financial reports, Kernel Holding SA (KER) has a cash flow conversion efficiency ratio of -0.080x as of December 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 (zł-175.51 Million ≈ $-48.30 Million USD) by net assets (zł2.18 Billion ≈ $601.14 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 KER defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Kernel Holding SA - Cash Flow Conversion Efficiency Trend (2005–2024)

This chart illustrates how Kernel Holding SA's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Kernel Holding SA Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Kernel Holding SA ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Gelex Group JSC VN:GEX	-0.084x
Allient Inc. NASDAQ:ALNT	0.020x
Sylvamo Corp NYSE:SLVM	0.090x
Elan Microelectronics Corp TW:2458	0.095x
Accelerant Holdings NYSE:ARX	-0.030x
Zhongsheng Group Holdings Limited F:5Z0	0.040x
TSE Co. Ltd KQ:131290	0.078x
Sino Wealth Electronic Ltd SHE:300327	0.034x

Annual Cash Flow Conversion Efficiency for Kernel Holding SA (2005–2024)

The table below shows the annual cash flow conversion efficiency of Kernel Holding SA from 2005 to 2024. For the full company profile with market capitalisation and key ratios, see KER market cap overview.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-06-30	zł1.87 Billion ≈ $513.63 Million	zł472.14 Million ≈ $129.94 Million	0.253x	-38.39%
2023-06-30	zł1.74 Billion ≈ $479.97 Million	zł716.13 Million ≈ $197.09 Million	0.411x	+326.67%
2022-06-30	zł1.69 Billion ≈ $464.07 Million	zł-305.46 Million ≈ $-84.07 Million	-0.181x	-182.05%
2021-06-30	zł2.08 Billion ≈ $573.19 Million	zł459.84 Million ≈ $126.56 Million	0.221x	+22.47%
2020-06-30	zł1.49 Billion ≈ $411.20 Million	zł269.36 Million ≈ $74.13 Million	0.180x	+22.15%
2019-06-30	zł1.35 Billion ≈ $370.45 Million	zł198.65 Million ≈ $54.67 Million	0.148x	+110.72%
2018-06-30	zł1.18 Billion ≈ $324.09 Million	zł82.48 Million ≈ $22.70 Million	0.070x	+4.74%
2017-06-30	zł1.16 Billion ≈ $318.59 Million	zł77.41 Million ≈ $21.30 Million	0.067x	-50.14%
2016-06-30	zł997.05 Million ≈ $274.40 Million	zł133.72 Million ≈ $36.80 Million	0.134x	-70.48%
2015-06-30	zł890.84 Million ≈ $245.17 Million	zł404.72 Million ≈ $111.39 Million	0.454x	+467.77%
2014-06-30	zł1.03 Billion ≈ $283.66 Million	zł82.47 Million ≈ $22.70 Million	0.080x	-63.65%
2013-06-30	zł1.35 Billion ≈ $372.19 Million	zł297.67 Million ≈ $81.92 Million	0.220x	+1210.80%
2012-06-30	zł1.21 Billion ≈ $333.20 Million	zł-23.99 Million ≈ $-6.60 Million	-0.020x	-135.20%
2011-06-30	zł997.29 Million ≈ $274.47 Million	zł56.15 Million ≈ $15.45 Million	0.056x	-59.84%
2010-06-30	zł604.89 Million ≈ $166.47 Million	zł84.80 Million ≈ $23.34 Million	0.140x	-61.24%
2009-06-30	zł357.46 Million ≈ $98.38 Million	zł129.29 Million ≈ $35.58 Million	0.362x	+226.81%
2008-06-30	zł440.42 Million ≈ $121.21 Million	zł-125.62 Million ≈ $-34.57 Million	-0.285x	-291.30%
2007-06-30	zł77.76 Million ≈ $21.40 Million	zł11.59 Million ≈ $3.19 Million	0.149x	+124.41%
2006-06-30	zł47.56 Million ≈ $13.09 Million	zł-29.05 Million ≈ $-7.99 Million	-0.611x	-457.26%
2005-06-30	zł48.39 Million ≈ $13.32 Million	zł-5.30 Million ≈ $-1.46 Million	-0.110x	--

About Kernel Holding SA

WAR:KER Poland Food Distribution

Market Cap

$1.55 Billion

zł5.63 Billion PLN

Market Cap Rank

#7133 Global

#36 in Poland

Share Price

zł19.22

Change (1 day)

-1.13%

52-Week Range

zł16.84 - zł22.60

All Time High

zł80.00