Globant SA (2G2) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.041x

Based on the latest financial reports, Globant SA (2G2) has a cash flow conversion efficiency ratio of 0.041x 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 (€92.09 Million ≈ $107.66 Million USD) by net assets (€2.24 Billion ≈ $2.62 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Globant SA - Cash Flow Conversion Efficiency Trend (2015–2024)

This chart illustrates how Globant SA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read 2G2 current and long-term liabilities for a breakdown of total debt and financial obligations.

Globant SA Competitors by Cash Flow Conversion Efficiency

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

Company	Cash Flow Conversion Efficiency
Relay Therapeutics Inc NASDAQ:RLAY	-0.079x
Hap Seng Consolidated Bhd KLSE:3034	0.034x
Hunan TV & Broadcast Intermediary Co Ltd SHE:000917	-0.008x
CSC Financial Co. Ltd F:CS0	0.131x
Shandong Pharmaceutical Glass Co Ltd SHG:600529	0.005x
Elkem ASA OL:ELK	0.023x
Wondershare Technology Co Ltd Class A SHE:300624	0.032x
Lingyun Ind SHG:600480	0.044x

Annual Cash Flow Conversion Efficiency for Globant SA (2015–2024)

The table below shows the annual cash flow conversion efficiency of Globant SA from 2015 to 2024. For the full company profile with market capitalisation and key ratios, see 2G2 market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	€2.03 Billion ≈ $2.38 Billion	€248.73 Million ≈ $290.79 Million	0.122x	-31.39%
2023-12-31	€1.79 Billion ≈ $2.09 Billion	€318.52 Million ≈ $372.39 Million	0.178x	+40.48%
2022-12-31	€1.56 Billion ≈ $1.82 Billion	€197.52 Million ≈ $230.93 Million	0.127x	-7.23%
2021-12-31	€1.31 Billion ≈ $1.53 Billion	€178.97 Million ≈ $209.24 Million	0.137x	+20.53%
2020-12-31	€879.94 Million ≈ $1.03 Billion	€99.87 Million ≈ $116.76 Million	0.113x	-37.55%
2019-12-31	€438.71 Million ≈ $512.90 Million	€79.73 Million ≈ $93.22 Million	0.182x	-8.60%
2018-12-31	€337.92 Million ≈ $395.06 Million	€67.20 Million ≈ $78.56 Million	0.199x	+21.83%
2017-12-31	€263.36 Million ≈ $307.90 Million	€42.99 Million ≈ $50.26 Million	0.163x	+8.14%
2016-12-31	€208.56 Million ≈ $243.83 Million	€31.48 Million ≈ $36.80 Million	0.151x	+554.91%
2015-12-31	€160.19 Million ≈ $187.27 Million	€-5.32 Million ≈ $-6.21 Million	-0.033x	--

About Globant SA

F:2G2 Germany Information Technology Services

Market Cap

$1.81 Billion

€1.55 Billion EUR

Market Cap Rank

#6651 Global

#969 in Germany

Share Price

€35.18

Change (1 day)

+0.26%

52-Week Range

€35.09 - €126.50

All Time High

€304.00