DISCOVER FNCL SRVCS
DISCOVER FNCL SRVCS operates in Diversified Metals & Mining.
DISCOVER FNCL SRVCS (DC7) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 0.160x
Based on the latest financial reports, DISCOVER FNCL SRVCS (DC7) has a cash flow conversion efficiency ratio of 0.160x as of June 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 (€2.58 Billion) by net assets (€16.07 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
DISCOVER FNCL SRVCS - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how DISCOVER FNCL SRVCS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
DISCOVER FNCL SRVCS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of DISCOVER FNCL SRVCS ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Diligent Media Corporation Limited
NSE:DNAMEDIA
|
0.006x |
|
Vystar Corp
PINK:VYST
|
0.000x |
|
Northstar Gold Corp
PINK:NSGCF
|
-0.055x |
|
Nagambie Resources Limited
F:P6C
|
-0.023x |
|
Longwen Group Corp
PINK:LWLW
|
-0.222x |
|
KUEHNE+NAGEL INT N
MU:KNIA
|
0.163x |
|
The Singing Machine Company Inc. Common Stock
NASDAQ:MICS
|
3.272x |
|
Raise Production Inc
PINK:GLKFF
|
0.493x |
Annual Cash Flow Conversion Efficiency for DISCOVER FNCL SRVCS (2016–2023)
The table below shows the annual cash flow conversion efficiency of DISCOVER FNCL SRVCS from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €14.83 Billion | €8.56 Billion | 0.577x | +16.02% |
| 2022-12-31 | €14.34 Billion | €7.14 Billion | 0.498x | +10.88% |
| 2021-12-31 | €13.41 Billion | €6.02 Billion | 0.449x | -21.14% |
| 2020-12-31 | €10.88 Billion | €6.20 Billion | 0.569x | +8.96% |
| 2019-12-31 | €11.86 Billion | €6.20 Billion | 0.522x | +12.02% |
| 2018-12-31 | €11.13 Billion | €5.19 Billion | 0.466x | -2.46% |
| 2017-12-31 | €10.89 Billion | €5.21 Billion | 0.478x | +22.35% |
| 2016-12-31 | €11.32 Billion | €4.42 Billion | 0.391x | -- |