908 Devices

908 Devices Cash Conversion

The Cash Conversion Rate (OCF/Net Income) of 908 Devices (MASS) as of Sep 20, 2026 is 64.65 %. In the previous year, Cash Conversion Rate (OCF/Net Income) was 41.89 % — a change of 54.34% (higher).

Cash Conversion

64.65 %

YoY

54.34%

Last updated:

Cash Conversion Rate (OCF/Net Income) of 908 Devices is 2026 64.65 % . Cash Conversion Rate (OCF/Net Income) of 908 Devices was 2025 41.89 % . It decreases by 54.34% higher compared to the previous year.

The 908 Devices Cash Conversion history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Cash Conversion
Date
Cash Conversion
Jan 1, 2018
118.07 USD
Jan 1, 2019
82.29 USD
Jan 1, 2020
-32.23 USD
Jan 1, 2021
131.18 USD
Jan 1, 2022
65.93 USD
Jan 1, 2023
68.85 USD
Jan 1, 2024
41.89 USD
Jan 1, 2025
64.65 USD
The 908 Devices Cash Conversion history
YEARCash ConversionYoY
64.65 %+54.34%
41.89 %-39.15%
68.85 %+4.42%
65.93 %-49.74%
131.18 %-507.08%
-32.23 %-139.16%
82.29 %-30.31%
118.07 %
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908 Devices Stock analysis

What does 908 Devices do? The company 908 Devices was founded in Boston in 2012 and specializes in the development and manufacturing of innovative analysis devices. The idea behind the company was to develop portable devices that would allow users to perform quick and accurate analyses on-site. 908 Devices' business model is based on the development and marketing of devices for the chemistry, pharmaceutical, and biotech industries, as well as for applications in the security and defense sectors. The company has several product lines tailored to different applications, including portable devices for mobile use. One of the most important branches of 908 Devices is mass spectrometry, a method used in many areas of analytics, such as forensics, environmental analysis, and food control. 908 Devices has developed a technology that allows for compact and portable mass spectrometry, which was not previously possible. Another important area of 908 Devices is chromatography, a method used for separating substances. Here too, the company has developed a technology that allows for the offering of chromatography in portable devices. 908 Devices also offers devices for molecular spectroscopy, including Raman spectroscopy, which allows for the identification and characterization of molecules. Raman spectroscopy is used in many applications, such as pharmaceutical research and material analysis. Among the products offered by 908 Devices are the M908 and MX908 devices, specifically designed for use in the security and defense industry. These devices allow for the real-time detection of a variety of hazardous substances, such as explosives, drugs, or dangerous chemicals. Another product of 908 Devices is the ZipChip device, used in biotech research. The ZipChip allows for the analysis of proteins in a very short time, which is of great importance in pharmaceutical research. The company has received several awards in recent years, including the R&D 100 Award and the Innovation Award of Analytica, one of the world's most important trade fairs for analytics and laboratory technology. Overall, 908 Devices has achieved an impressive success story and aims to revolutionize the way analyses are conducted. With its innovative products and technologies, the company has found a niche in the market and has experienced strong growth. 908 Devices is one of the most popular companies on Eulerpool.

Frequently Asked Questions about 908 Devices stock

Cash Conversion Rate (OCF/Net Income) of 908 Devices is 64.65 % in 2026.

Cash Conversion Rate (OCF/Net Income) of 908 Devices changed from 41.89 % to 64.65 %, representing a 54.34% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Cash Conversion Rate (OCF/Net Income) 908 Devices since 2006 – with annual values, charts, and detailed analysis.

Cash conversion measures how effectively net income converts to operating cash flow. Ratios above 100% indicate high-quality, cash-backed earnings.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Cash Conversion Rate (OCF/Net Income)'s 908 Devices with sector peers and the industry average to assess whether it is attractive.

To evaluate Cash Conversion Rate (OCF/Net Income)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Cash Conversion Rate (OCF/Net Income).

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Cash Flow — 908 Devices

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