Voxel S.A. (VOX) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.074x

Based on the latest financial reports, Voxel S.A. (VOX) has a cash flow conversion efficiency ratio of 0.074x 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 (zł30.64 Million ≈ $8.43 Million USD) by net assets (zł415.63 Million ≈ $114.39 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 VOX equity to assets ratio to measure how much of total assets are equity-financed.

Voxel S.A. - Cash Flow Conversion Efficiency Trend (2010–2025)

This chart illustrates how Voxel S.A.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Voxel S.A. (VOX) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.

Voxel S.A. Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Voxel S.A. ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
GABIA Inc KQ:079940	0.043x
Jiangsu Skyray Instrument Co SHE:300165	0.027x
Taiwan Navigation Co Ltd TW:2617	0.046x
Bafang Yunji Intl Co Ltd TW:2753	0.123x
Zhongxing Shenyang Commercial Building Group Co Ltd SHE:000715	0.029x
Panoro Energy ASA OL:PEN	-0.079x
Sinopec Oilfield Service Corporation F:YIZH	0.098x
Tarczynski S.A. WAR:TAR	0.055x

Annual Cash Flow Conversion Efficiency for Voxel S.A. (2010–2025)

The table below shows the annual cash flow conversion efficiency of Voxel S.A. from 2010 to 2025. For the full company profile with market capitalisation and key ratios, see Voxel S.A. (VOX) market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	zł415.63 Million ≈ $114.39 Million	zł116.69 Million ≈ $32.11 Million	0.281x	-15.86%
2024-12-31	zł366.64 Million ≈ $100.90 Million	zł122.34 Million ≈ $33.67 Million	0.334x	-16.80%
2023-12-31	zł295.41 Million ≈ $81.30 Million	zł118.47 Million ≈ $32.60 Million	0.401x	+1.68%
2022-12-31	zł243.91 Million ≈ $67.13 Million	zł96.20 Million ≈ $26.48 Million	0.394x	-14.50%
2021-12-31	zł230.53 Million ≈ $63.44 Million	zł106.34 Million ≈ $29.27 Million	0.461x	+40.71%
2020-12-31	zł181.17 Million ≈ $49.86 Million	zł59.39 Million ≈ $16.35 Million	0.328x	+3.74%
2019-12-31	zł155.77 Million ≈ $42.87 Million	zł49.22 Million ≈ $13.55 Million	0.316x	+49.59%
2018-12-31	zł143.25 Million ≈ $39.43 Million	zł30.26 Million ≈ $8.33 Million	0.211x	-21.97%
2017-12-31	zł130.46 Million ≈ $35.90 Million	zł35.32 Million ≈ $9.72 Million	0.271x	+40.21%
2016-12-31	zł116.38 Million ≈ $32.03 Million	zł22.47 Million ≈ $6.18 Million	0.193x	-36.60%
2015-12-31	zł111.15 Million ≈ $30.59 Million	zł33.85 Million ≈ $9.32 Million	0.305x	+51.93%
2014-12-31	zł103.47 Million ≈ $28.48 Million	zł20.74 Million ≈ $5.71 Million	0.200x	+335.76%
2013-12-31	zł108.89 Million ≈ $29.97 Million	zł5.01 Million ≈ $1.38 Million	0.046x	-5.05%
2012-12-31	zł82.64 Million ≈ $22.74 Million	zł4.00 Million ≈ $1.10 Million	0.048x	-23.96%
2011-12-31	zł83.39 Million ≈ $22.95 Million	zł5.31 Million ≈ $1.46 Million	0.064x	-88.43%
2010-12-31	zł72.36 Million ≈ $19.92 Million	zł39.85 Million ≈ $10.97 Million	0.551x	--

About Voxel S.A.

WAR:VOX Poland Diagnostics & Research

Market Cap

$379.81 Million

zł1.38 Billion PLN

Market Cap Rank

#13702 Global

#72 in Poland

Share Price

zł131.40

Change (1 day)

+2.82%

52-Week Range

zł94.00 - zł179.00

All Time High

zł186.80