VEON Ltd (VEON) - Cash Flow Conversion Efficiency
Based on the latest financial reports, VEON Ltd (VEON) has a cash flow conversion efficiency ratio of 0.196x 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 ($323.00 Million) by net assets ($1.65 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See how leveraged is VEON Ltd's balance sheet to measure how much of total assets are equity-financed.
VEON Ltd - Cash Flow Conversion Efficiency Trend (2000–2024)
This chart illustrates how VEON Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check VEON operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
VEON Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of VEON Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Georg Fischer AG
SW:GF
|
5.659x |
|
Covivio Hotels
PA:COVH
|
0.035x |
|
Hubei Jumpcan Pharmaceutical Co Ltd
SHG:600566
|
-0.016x |
|
Kimberly-Clark de México S. A. B. de C. V
MX:KIMBERA
|
0.486x |
|
Acter Co Ltd
TWO:5536
|
0.152x |
|
ASSECO POLAND GDR/1 ZY 1
F:SFBG
|
N/A |
|
General de Galerias Comerciales SOCIMI S.A.
MC:GGC
|
0.190x |
|
Bright Horizons Family Solutions Inc
NYSE:BFAM
|
0.094x |
Annual Cash Flow Conversion Efficiency for VEON Ltd (2000–2024)
The table below shows the annual cash flow conversion efficiency of VEON Ltd from 2000 to 2024. For the full company profile with market capitalisation and key ratios, see VEON Ltd stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $1.26 Billion | $1.15 Billion | 0.915x | -72.56% |
| 2023-12-31 | $767.00 Million | $2.56 Billion | 3.334x | +1.17% |
| 2022-12-31 | $776.00 Million | $2.56 Billion | 3.295x | +87.99% |
| 2021-12-31 | $1.50 Billion | $2.64 Billion | 1.753x | -27.32% |
| 2020-12-31 | $1.01 Billion | $2.44 Billion | 2.412x | +81.55% |
| 2019-12-31 | $2.22 Billion | $2.95 Billion | 1.328x | +46.39% |
| 2018-12-31 | $2.78 Billion | $2.52 Billion | 0.907x | +43.50% |
| 2017-12-31 | $3.93 Billion | $2.48 Billion | 0.632x | +103.64% |
| 2016-12-31 | $6.13 Billion | $1.90 Billion | 0.311x | -40.85% |
| 2015-12-31 | $3.86 Billion | $2.03 Billion | 0.525x | -60.81% |
| 2014-12-31 | $3.94 Billion | $5.28 Billion | 1.340x | +138.50% |
| 2013-12-31 | $11.31 Billion | $6.35 Billion | 0.562x | +18.97% |
| 2012-12-31 | $15.37 Billion | $7.26 Billion | 0.472x | +19.43% |
| 2011-12-31 | $15.45 Billion | $6.11 Billion | 0.395x | +15.46% |
| 2010-12-31 | $10.81 Billion | $3.70 Billion | 0.342x | -51.10% |
| 2009-12-31 | $5.02 Billion | $3.51 Billion | 0.700x | -6.77% |
| 2008-12-31 | $4.61 Billion | $3.46 Billion | 0.751x | +40.93% |
| 2007-12-31 | $5.70 Billion | $3.04 Billion | 0.533x | +13.56% |
| 2006-12-31 | $4.20 Billion | $1.97 Billion | 0.469x | +5.88% |
| 2005-12-31 | $2.93 Billion | $1.30 Billion | 0.443x | +18.83% |
| 2004-12-31 | $2.16 Billion | $805.41 Million | 0.373x | -14.18% |
| 2003-12-31 | $1.18 Billion | $511.88 Million | 0.435x | +49.19% |
| 2002-12-31 | $761.15 Million | $221.72 Million | 0.291x | +46.55% |
| 2001-12-31 | $508.43 Million | $101.06 Million | 0.199x | +758.08% |
| 2000-12-31 | $369.15 Million | $8.55 Million | 0.023x | -- |
About VEON Ltd
VEON Ltd., a digital operator, provides telecommunications and digital services to corporate and individual customers in Pakistan, Ukraine, Kazakhstan, Uzbekistan, and Bangladesh. The company offers fixed-line telecommunication services using fiber optic networks; mobile telecommunications services under prepaid and postpaid subscriptions, including value added and call completion, national and i… Read more