Starhedge SA (SHG) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.004x

Based on the latest financial reports, Starhedge SA (SHG) has a cash flow conversion efficiency ratio of -0.004x as of September 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-180.00K ≈ $-49.54K USD) by net assets (zł46.44 Million ≈ $12.78 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 Starhedge SA balance sheet quality to measure how much of total assets are equity-financed.

Starhedge SA - Cash Flow Conversion Efficiency Trend (2008–2024)

This chart illustrates how Starhedge SA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Starhedge SA cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

Starhedge SA Competitors by Cash Flow Conversion Efficiency

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

Company	Cash Flow Conversion Efficiency
Moatable Inc NYSE:MTBLY	0.025x
Upsellon Brands Holdings Ltd TA:UPSL	-0.117x
Corella Resources Ltd AU:CR9	-0.129x
Iron Road Ltd AU:IRD	-0.021x
Polar Power Inc NASDAQ:POLA	-0.917x
GENINCODE PLC LS -01 F:9PL	N/A
Dongil Steel Co. Ltd KQ:023790	-0.008x
Rebosis JSE:REB	-0.010x

Annual Cash Flow Conversion Efficiency for Starhedge SA (2008–2024)

The table below shows the annual cash flow conversion efficiency of Starhedge SA from 2008 to 2024. For the full company profile with market capitalisation and key ratios, see SHG market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	zł60.87 Million ≈ $16.75 Million	zł-248.00K ≈ $-68.25K	-0.004x	+94.92%
2023-12-31	zł66.42 Million ≈ $18.28 Million	zł-5.33 Million ≈ $-1.47 Million	-0.080x	-278.85%
2022-12-31	zł62.74 Million ≈ $17.27 Million	zł2.81 Million ≈ $774.18K	0.045x	-18.54%
2021-12-31	zł53.08 Million ≈ $14.61 Million	zł2.92 Million ≈ $803.90K	0.055x	+376.53%
2020-12-31	zł51.76 Million ≈ $14.24 Million	zł597.75K ≈ $164.51K	0.012x	-95.54%
2019-12-31	zł49.30 Million ≈ $13.57 Million	zł12.77 Million ≈ $3.51 Million	0.259x	+25.29%
2018-12-31	zł40.03 Million ≈ $11.02 Million	zł8.28 Million ≈ $2.28 Million	0.207x	+295.00%
2017-12-31	zł35.89 Million ≈ $9.88 Million	zł-3.81 Million ≈ $-1.05 Million	-0.106x	-12.76%
2016-12-31	zł21.09 Million ≈ $5.80 Million	zł-1.98 Million ≈ $-545.82K	-0.094x	+82.90%
2015-12-31	zł9.95 Million ≈ $2.74 Million	zł-5.47 Million ≈ $-1.51 Million	-0.550x	-478.62%
2014-12-31	zł8.79 Million ≈ $2.42 Million	zł-835.20K ≈ $-229.86K	-0.095x	-3106.21%
2013-12-31	zł78.49 Million ≈ $21.60 Million	zł-232.65K ≈ $-64.03K	-0.003x	+77.54%
2012-12-31	zł33.45 Million ≈ $9.21 Million	zł-441.45K ≈ $-121.49K	-0.013x	+80.57%
2011-12-31	zł29.90 Million ≈ $8.23 Million	zł-2.03 Million ≈ $-558.99K	-0.068x	-193.10%
2010-12-31	zł63.83 Million ≈ $17.57 Million	zł4.66 Million ≈ $1.28 Million	0.073x	+44.64%
2009-12-31	zł64.95 Million ≈ $17.87 Million	zł3.28 Million ≈ $901.71K	0.050x	-57.17%
2008-12-31	zł71.75 Million ≈ $19.75 Million	zł8.45 Million ≈ $2.33 Million	0.118x	--

About Starhedge SA

WAR:SHG Poland Solar

Market Cap

$5.94 Million

zł21.57 Million PLN

Market Cap Rank

#28213 Global

#319 in Poland

Share Price

zł0.20

Change (1 day)

+0.00%

52-Week Range

zł0.17 - zł0.35

All Time High

zł1.33