B2GOLD
B2GOLD operates in Diversified Metals & Mining.
B2GOLD (5BG) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: -0.005x
Based on the latest financial reports, B2GOLD (5BG) has a cash flow conversion efficiency ratio of -0.005x as of September 2024.
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 (€-16.10 Million) by net assets (€3.19 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
B2GOLD - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how B2GOLD's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
B2GOLD Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of B2GOLD ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
NORDIC AMER TANKER
MU:B3O
|
0.062x |
|
SANLAM
BE:LA6A
|
N/A |
|
ATRESMEDIA
MU:YT2A
|
0.081x |
|
GULF SHORES RES
BE:GUL
|
N/A |
|
The Fresh Factory B.C. Ltd.
V:FRSH
|
0.147x |
|
BOC HONG KONG
MU:BOF
|
N/A |
|
DAIO PAPER CORP
BE:DPR
|
N/A |
|
Mojave Brands Inc
PINK:HHPHF
|
0.304x |
Annual Cash Flow Conversion Efficiency for B2GOLD (2016–2023)
The table below shows the annual cash flow conversion efficiency of B2GOLD from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €3.91 Billion | €714.45 Million | 0.183x | -4.56% |
| 2022-12-31 | €3.11 Billion | €595.80 Million | 0.191x | -21.71% |
| 2021-12-31 | €2.96 Billion | €724.11 Million | 0.245x | -31.56% |
| 2020-12-31 | €2.66 Billion | €950.64 Million | 0.357x | +49.01% |
| 2019-12-31 | €2.05 Billion | €491.97 Million | 0.240x | -12.09% |
| 2018-12-31 | €1.65 Billion | €450.87 Million | 0.273x | +175.67% |
| 2017-12-31 | €1.57 Billion | €155.00 Million | 0.099x | -65.05% |
| 2016-12-31 | €1.45 Billion | €411.81 Million | 0.283x | -- |