What does Niterra do with its cash?

Cash conversion (operating CF ÷ operating income)

79.2%

Cash vs. profit gap

-¥3.51B（純利益の -3.1%）

Shareholder returns

of net income 47.1% · of FCF 75.6%

Shareholder payments — dividends

of net income 32.2% · of FCF 51.7%

CapEx intensity (capex ÷ revenue)

5.3%

Investing CF relative to operating CF

151.3%

Nonpositive profit and free cash flow are omitted as ratio denominators. Amounts use the period's reported currency.

• Operating cash flow is the cash the core business actually brought in, including changes in receivables and inventory.
• Free cash flow = operating cash flow − capital expenditure: a gauge of cash available for other uses.
• Large "borrowing" or "cash drawdown" flows mean the company spent more than it generated that year.