Grupa Azoty Zaklady Azotowe Pulawy SA (ZAP) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.246x

Based on the latest financial reports, Grupa Azoty Zaklady Azotowe Pulawy SA (ZAP) has a cash flow conversion efficiency ratio of 0.246x 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 (zł677.12 Million ≈ $186.35 Million USD) by net assets (zł2.75 Billion ≈ $757.28 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 Grupa Azoty Zaklady Azotowe Pulawy SA balance sheet quality to measure how much of total assets are equity-financed.

Grupa Azoty Zaklady Azotowe Pulawy SA - Cash Flow Conversion Efficiency Trend (2004–2024)

This chart illustrates how Grupa Azoty Zaklady Azotowe Pulawy SA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is Grupa Azoty Zaklady Azotowe Pulawy SA's earnings quality to evaluate the quality of earnings relative to operating cash generation.

Grupa Azoty Zaklady Azotowe Pulawy SA Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Grupa Azoty Zaklady Azotowe Pulawy SA ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Pioneer High Income Closed Fund NYSE:PHT	0.046x
Pihlajalinna Oy HE:PIHLIS	0.091x
CSLM Digital Asset Acquisition Corp III, Ltd NASDAQ:KOYN	-0.002x
Halla Holdings Corp KO:060980	0.018x
W&T Offshore Inc NYSE:WTI	-0.154x
EMS Limited NSE:EMSLIMITED	-0.029x
Zura Bio Limited Class A Ordinary Shares NASDAQ:ZURA	-0.130x
Adagene Inc NASDAQ:ADAG	-0.129x

Annual Cash Flow Conversion Efficiency for Grupa Azoty Zaklady Azotowe Pulawy SA (2004–2024)

The table below shows the annual cash flow conversion efficiency of Grupa Azoty Zaklady Azotowe Pulawy SA from 2004 to 2024. For the full company profile with market capitalisation and key ratios, see Grupa Azoty Zaklady Azotowe Pulawy SA stock valuation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	zł2.98 Billion ≈ $819.96 Million	zł2.49 Billion ≈ $686.16 Million	0.837x	+12.08%
2023-12-31	zł3.34 Billion ≈ $918.72 Million	zł2.49 Billion ≈ $685.93 Million	0.747x	+29.06%
2022-12-31	zł3.96 Billion ≈ $1.09 Billion	zł2.29 Billion ≈ $630.86 Million	0.579x	+1.32%
2021-12-31	zł3.80 Billion ≈ $1.05 Billion	zł2.17 Billion ≈ $596.85 Million	0.571x	+234.70%
2020-12-31	zł3.58 Billion ≈ $984.30 Million	zł610.15 Million ≈ $167.92 Million	0.171x	-12.46%
2019-12-31	zł3.47 Billion ≈ $954.36 Million	zł675.80 Million ≈ $185.99 Million	0.195x	+72.06%
2018-12-31	zł3.21 Billion ≈ $883.08 Million	zł363.43 Million ≈ $100.02 Million	0.113x	-30.35%
2017-12-31	zł3.19 Billion ≈ $878.93 Million	zł519.31 Million ≈ $142.92 Million	0.163x	-4.76%
2016-12-31	zł3.10 Billion ≈ $854.02 Million	zł529.80 Million ≈ $145.81 Million	0.171x	-24.67%
2015-12-31	zł3.04 Billion ≈ $836.68 Million	zł688.99 Million ≈ $189.62 Million	0.227x	+95.54%
2014-12-31	zł2.73 Billion ≈ $751.02 Million	zł316.27 Million ≈ $87.04 Million	0.116x	-0.40%
2013-12-31	zł2.68 Billion ≈ $736.79 Million	zł311.52 Million ≈ $85.73 Million	0.116x	-32.62%
2012-12-31	zł2.67 Billion ≈ $735.14 Million	zł461.27 Million ≈ $126.95 Million	0.173x	-48.22%
2011-12-31	zł2.46 Billion ≈ $676.93 Million	zł820.35 Million ≈ $225.77 Million	0.334x	+29.94%
2010-12-31	zł1.94 Billion ≈ $534.91 Million	zł498.87 Million ≈ $137.30 Million	0.257x	+3865.29%
2009-12-31	zł1.65 Billion ≈ $452.73 Million	zł10.65 Million ≈ $2.93 Million	0.006x	-96.10%
2008-12-31	zł1.77 Billion ≈ $485.82 Million	zł292.96 Million ≈ $80.63 Million	0.166x	-15.18%
2007-12-31	zł1.64 Billion ≈ $450.22 Million	zł320.07 Million ≈ $88.09 Million	0.196x	-10.31%
2006-12-31	zł1.54 Billion ≈ $423.88 Million	zł335.98 Million ≈ $92.47 Million	0.218x	+75.09%
2005-12-31	zł1.26 Billion ≈ $345.53 Million	zł156.41 Million ≈ $43.05 Million	0.125x	-26.12%
2004-12-31	zł1.17 Billion ≈ $323.03 Million	zł197.92 Million ≈ $54.47 Million	0.169x	--

About Grupa Azoty Zaklady Azotowe Pulawy SA

WAR:ZAP Poland Agricultural Inputs

Market Cap

$244.10 Million

zł886.94 Million PLN

Market Cap Rank

#15783 Global

#101 in Poland

Share Price

zł46.40

Change (1 day)

+0.87%

52-Week Range

zł44.10 - zł54.60

All Time High

zł203.43