Close Brothers Group plc Cash Flow Conversion Efficiency
Close Brothers Group plc cash flow conversion efficiency. Based on the latest financial reports, Close Brothers Group plc (CS3) has a cash flow conversion efficiency ratio of -0.085x as of July 2023. 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 (€-139.00 Million ≈ $-162.51 Million USD) by net assets (€1.64 Billion ≈ $1.92 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Close Brothers Group plc (2014–2024)
Cash flow conversion efficiency of Close Brothers Group plc from 2014 to 2024. This chart illustrates how Close Brothers Group plc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Close Brothers Group plc (CS3) share price today for real-time trading data and today's change.
Close Brothers Group plc Cash Flow Conversion Ratio Explained
Close Brothers Group plc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Close Brothers Group plc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Close Brothers Group plc ranked by their cash flow conversion efficiency. Also see CS3 stock market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Service Properties Trust
NASDAQ:SVC
|
0.010x |
|
Jiangsu Sanfangxiang Industry Co Ltd
SHG:600370
|
0.168x |
|
Logwin AG
F:TGHN
|
0.138x |
|
Johns LYNG Group Ltd
AU:JLG
|
0.096x |
|
Xinzhi Motor Co Ltd
SHE:002664
|
-0.004x |
|
Suzhou Hailu Heavy Industry Co Ltd
SHE:002255
|
0.053x |
|
Westrock Coffee Company
NASDAQ:WEST
|
-0.046x |
|
Qingdao Gaoce Technology Co Ltd
SHG:688556
|
0.024x |
Annual Cash Flow Conversion Efficiency for Close Brothers Group plc (2014–2024)
The table below shows the annual cash flow conversion efficiency of Close Brothers Group plc from 2014 to 2024. Review how much free cash does Close Brothers Group plc generate to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-07-31 | €1.84 Billion ≈ $2.15 Billion |
€-382.00 Million ≈ $-446.60 Million |
-0.207x | -437.66% |
| 2023-07-31 | €1.64 Billion ≈ $1.92 Billion |
€101.00 Million ≈ $118.08 Million |
0.061x | +2323.18% |
| 2022-07-31 | €1.66 Billion ≈ $1.94 Billion |
€4.20 Million ≈ $4.91 Million |
0.003x | +100.63% |
| 2021-07-31 | €1.57 Billion ≈ $1.83 Billion |
€-629.90 Million ≈ $-736.42 Million |
-0.401x | -1225.44% |
| 2020-07-31 | €1.45 Billion ≈ $1.69 Billion |
€51.70 Million ≈ $60.44 Million |
0.036x | +140.58% |
| 2019-07-31 | €1.41 Billion ≈ $1.64 Billion |
€-123.60 Million ≈ $-144.50 Million |
-0.088x | -93.36% |
| 2018-07-31 | €1.35 Billion ≈ $1.58 Billion |
€-61.30 Million ≈ $-71.67 Million |
-0.045x | +43.48% |
| 2017-07-31 | €1.24 Billion ≈ $1.45 Billion |
€-99.40 Million ≈ $-116.21 Million |
-0.080x | +81.15% |
| 2016-07-31 | €1.10 Billion ≈ $1.28 Billion |
€-468.00 Million ≈ $-547.14 Million |
-0.427x | -2309.65% |
| 2015-07-31 | €1.01 Billion ≈ $1.18 Billion |
€19.50 Million ≈ $22.80 Million |
0.019x | +112.50% |
| 2014-07-31 | €917.60 Million ≈ $1.07 Billion |
€-141.70 Million ≈ $-165.66 Million |
-0.154x | -- |
About Close Brothers Group plc
Close Brothers Group plc, a merchant banking company, engages in the provision of financial services to small businesses and individuals in the United Kingdom. It operates through three segments: Commercial, Retail, and Property. The company offers commercial services comprises hire purchase; leasing and loans for capital assets; debt factoring; invoice discounting; asset-based lending; and other… Read more