Bell Equipment Limited (BEL) - Cash Flow Conversion Efficiency

Latest as of June 2025: 0.183x

Based on the latest financial reports, Bell Equipment Limited (BEL) has a cash flow conversion efficiency ratio of 0.183x as of June 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 (ZAC1.08 Billion ≈ $573.70K USD) by net assets (ZAC5.90 Billion ≈ $3.13 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 debt-free asset ratio of Bell Equipment Limited to measure how much of total assets are equity-financed.

Bell Equipment Limited - Cash Flow Conversion Efficiency Trend (2002–2024)

This chart illustrates how Bell Equipment Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is Bell Equipment Limited's earnings quality to evaluate the quality of earnings relative to operating cash generation.

Bell Equipment Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Bell Equipment Limited ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Imagesat International ISI Ltd TA:ISI	0.108x
Stoneridge Inc NYSE:SRI	0.056x
Ayen Enerji AS IS:AYEN	0.031x
Oriental Interest Bhd KLSE:5827	0.004x
Sapura Energy Bhd KLSE:5218	-0.020x
Nepes Ark Corp. KQ:330860	0.038x
Nampak JSE:NPK	0.429x
Grupo Clarin S.A. BA:GCLA	-0.134x

Annual Cash Flow Conversion Efficiency for Bell Equipment Limited (2002–2024)

The table below shows the annual cash flow conversion efficiency of Bell Equipment Limited from 2002 to 2024. For the full company profile with market capitalisation and key ratios, see BEL market cap overview.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	ZAC5.68 Billion ≈ $3.02 Million	ZAC1.93 Billion ≈ $1.02 Million	0.339x	+613.39%
2023-12-31	ZAC5.29 Billion ≈ $2.81 Million	ZAC251.36 Million ≈ $133.58K	0.048x	+195.98%
2022-12-31	ZAC4.37 Billion ≈ $2.32 Million	ZAC-216.30 Million ≈ $-114.95K	-0.050x	-132.22%
2021-12-31	ZAC3.86 Billion ≈ $2.05 Million	ZAC593.86 Million ≈ $315.61K	0.154x	-34.18%
2020-12-31	ZAC3.50 Billion ≈ $1.86 Million	ZAC818.63 Million ≈ $435.06K	0.234x	+394.80%
2019-12-31	ZAC3.44 Billion ≈ $1.83 Million	ZAC-272.47 Million ≈ $-144.80K	-0.079x	+17.20%
2018-12-31	ZAC3.37 Billion ≈ $1.79 Million	ZAC-322.72 Million ≈ $-171.51K	-0.096x	-2705.42%
2017-12-31	ZAC2.99 Billion ≈ $1.59 Million	ZAC-10.20 Million ≈ $-5.42K	-0.003x	-110.65%
2016-12-31	ZAC2.76 Billion ≈ $1.47 Million	ZAC88.34 Million ≈ $46.95K	0.032x	+130.84%
2015-12-31	ZAC3.00 Billion ≈ $1.60 Million	ZAC-311.95 Million ≈ $-165.79K	-0.104x	-132.61%
2014-12-31	ZAC2.54 Billion ≈ $1.35 Million	ZAC807.72 Million ≈ $429.26K	0.318x	+686.28%
2013-12-31	ZAC2.49 Billion ≈ $1.32 Million	ZAC-135.18 Million ≈ $-71.84K	-0.054x	-128.18%
2012-12-31	ZAC2.07 Billion ≈ $1.10 Million	ZAC399.74 Million ≈ $212.44K	0.193x	+429.81%
2011-12-31	ZAC1.78 Billion ≈ $944.67K	ZAC-103.90 Million ≈ $-55.22K	-0.058x	-114.70%
2010-12-31	ZAC1.42 Billion ≈ $753.97K	ZAC564.27 Million ≈ $299.88K	0.398x	+58.50%
2009-12-31	ZAC1.42 Billion ≈ $754.89K	ZAC356.44 Million ≈ $189.43K	0.251x	+280.11%
2008-12-31	ZAC1.77 Billion ≈ $940.43K	ZAC-246.54 Million ≈ $-131.03K	-0.139x	+7.59%
2007-12-31	ZAC1.38 Billion ≈ $733.86K	ZAC-208.19 Million ≈ $-110.64K	-0.151x	-163.13%
2006-12-31	ZAC954.91 Million ≈ $507.49K	ZAC228.05 Million ≈ $121.20K	0.239x	+496.44%
2005-12-31	ZAC699.26 Million ≈ $371.62K	ZAC28.00 Million ≈ $14.88K	0.040x	+120.95%
2004-12-31	ZAC700.12 Million ≈ $372.08K	ZAC-133.82 Million ≈ $-71.12K	-0.191x	-165.48%
2003-12-31	ZAC711.26 Million ≈ $378.00K	ZAC-51.21 Million ≈ $-27.22K	-0.072x	-188.53%
2002-12-31	ZAC717.69 Million ≈ $381.41K	ZAC58.37 Million ≈ $31.02K	0.081x	--

About Bell Equipment Limited

JSE:BEL South Africa Farm & Heavy Construction Machinery

Market Cap

$194.99 Million

ZAC366.90 Billion ZAC

Market Cap Rank

#16566 Global

#126 in South Africa

Share Price

ZAC3838.00

Change (1 day)

-0.31%

52-Week Range

ZAC3470.00 - ZAC4655.00

All Time High

ZAC5189.00