Ultimate Games SA (ULG) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.067x

Based on the latest financial reports, Ultimate Games SA (ULG) has a cash flow conversion efficiency ratio of 0.067x 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 (zł2.03 Million ≈ $557.58K USD) by net assets (zł30.22 Million ≈ $8.32 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 ULG defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Ultimate Games SA - Cash Flow Conversion Efficiency Trend (2016–2024)

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

Ultimate Games SA Competitors by Cash Flow Conversion Efficiency

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

Company	Cash Flow Conversion Efficiency
Z-Com Inc TWO:8176	-0.001x
Seyitler Kimya Sanayi AS IS:SEYKM	0.049x
Transtema Group AB ST:TRANS	-0.006x
S2 Resources Ltd AU:S2R	-0.100x
Gabungan AQRS Bhd KLSE:5226	-0.112x
Siili Solutions Oyj HE:SIILI	-0.093x
VistaGen Therapeutics Inc NASDAQ:VTGN	-0.346x
Resverlogix Corp. TO:RVX	0.011x

Annual Cash Flow Conversion Efficiency for Ultimate Games SA (2016–2024)

The table below shows the annual cash flow conversion efficiency of Ultimate Games SA from 2016 to 2024. For the full company profile with market capitalisation and key ratios, see ULG market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	zł25.81 Million ≈ $7.10 Million	zł-1.15 Million ≈ $-315.95K	-0.044x	-250.21%
2023-12-31	zł26.17 Million ≈ $7.20 Million	zł775.00K ≈ $213.29K	0.030x	+77.29%
2022-12-31	zł31.85 Million ≈ $8.77 Million	zł532.00K ≈ $146.41K	0.017x	-30.24%
2021-12-31	zł48.45 Million ≈ $13.33 Million	zł1.16 Million ≈ $319.25K	0.024x	+452.55%
2020-12-31	zł48.59 Million ≈ $13.37 Million	zł-330.00K ≈ $-90.82K	-0.007x	-102.83%
2019-12-31	zł8.29 Million ≈ $2.28 Million	zł1.99 Million ≈ $546.30K	0.240x	+94.04%
2018-12-31	zł3.65 Million ≈ $1.00 Million	zł450.00K ≈ $123.85K	0.123x	+153.48%
2017-12-31	zł1.76 Million ≈ $485.20K	zł-407.00K ≈ $-112.01K	-0.231x	+67.68%
2016-12-31	zł190.56K ≈ $52.45K	zł-136.11K ≈ $-37.46K	-0.714x	--

About Ultimate Games SA

WAR:ULG Poland Electronic Gaming & Multimedia

Market Cap

$21.81 Million

zł79.23 Million PLN

Market Cap Rank

#24863 Global

#245 in Poland

Share Price

zł15.15

Change (1 day)

-0.66%

52-Week Range

zł10.60 - zł15.45

All Time High

zł28.89