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.

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. Read total liabilities of Kernel Holding SA for a breakdown of total debt and financial obligations.

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
Mayinglong Pharmaceutical Group Co Ltd SHG:600993	0.031x
Golden Ocean Group Ltd NASDAQ:GOGL	-0.002x
Graubuendner Kantonalbank SW:GRKP	0.045x
Jade Bird Fire Alarm SHE:002960	-0.011x
Aryzta AG SW:ARYN	0.302x
Intellia Therapeutics Inc NASDAQ:NTLA	-0.103x
Miracle Automation Engineering SHE:002009	0.008x
Dongguan Development Holdings Co Ltd SHE:000828	0.083x

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

$1.59 Billion

zł5.77 Billion PLN

Market Cap Rank

#7210 Global

#36 in Poland

Share Price

zł19.70

Change (1 day)

-0.40%

52-Week Range

zł16.00 - zł22.60

All Time High

zł80.00