Bike24 Holding AG (BIKE) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Bike24 Holding AG (BIKE) has a cash flow conversion efficiency ratio of 0.059x 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 (€7.27 Million ≈ $8.50 Million USD) by net assets (€122.37 Million ≈ $143.07 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 Bike24 Holding AG liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Bike24 Holding AG - Cash Flow Conversion Efficiency Trend (2020–2024)
This chart illustrates how Bike24 Holding AG's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Bike24 Holding AG Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Bike24 Holding AG ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Ekachai Medical Care Public Company Limited
BK:EKH
|
0.039x |
|
Amicorp FS (UK) PLC
LSE:AMIF
|
N/A |
|
New Fortress Energy LLC
NASDAQ:NFE
|
-0.026x |
|
Jaeyoung Solutec Co. Ltd
KQ:049630
|
0.101x |
|
Kulmbacher Brauerei Aktien-Gesellschaft
MU:KUL
|
0.001x |
|
Global Graphics PLC
BR:HYSG
|
0.061x |
|
Taseco Air Services JSC
VN:AST
|
0.091x |
|
Amadeus Fire AG
XETRA:AAD
|
0.015x |
Annual Cash Flow Conversion Efficiency for Bike24 Holding AG (2020–2024)
The table below shows the annual cash flow conversion efficiency of Bike24 Holding AG from 2020 to 2024. For the full company profile with market capitalisation and key ratios, see Bike24 Holding AG market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €124.50 Million ≈ $145.55 Million |
€7.38 Million ≈ $8.63 Million |
0.059x | +31.95% |
| 2023-12-31 | €138.09 Million ≈ $161.44 Million |
€6.20 Million ≈ $7.25 Million |
0.045x | +182.56% |
| 2022-12-31 | €218.41 Million ≈ $255.34 Million |
€-11.88 Million ≈ $-13.89 Million |
-0.054x | -27.26% |
| 2021-12-31 | €223.25 Million ≈ $261.01 Million |
€-9.54 Million ≈ $-11.16 Million |
-0.043x | -124.50% |
| 2020-12-31 | €120.89 Million ≈ $141.33 Million |
€21.10 Million ≈ $24.66 Million |
0.175x | -- |
About Bike24 Holding AG
Bike24 Holding AG operates an online cycling platform in Germany, Austria, Switzerland, rest of Europe, and internationally. It offers classic bicycles, e-bikes, parts, and accessories, as well as clothing products. The company was incorporated in 2019 and is headquartered in Dresden, Germany.