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 VEON defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
Hyundai Motor Co. Ltd. Pfd. Series 1
KO:005385
|
-0.039x |
|
Westgold Resources Ltd
AU:WGX
|
0.250x |
|
Holmen AB (publ)
ST:HOLM-B
|
0.023x |
|
Bel Fuse B Inc
NASDAQ:BELFB
|
0.026x |
|
Rubis SCA
PA:RUI
|
0.102x |
|
Heilongjiang Agriculture Co Ltd
SHG:600598
|
-0.195x |
|
ViTrox Corporation Bhd
KLSE:0097
|
0.029x |
|
Orion Corp
KO:271560
|
0.053x |
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 market value of VEON Ltd.
| 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