Believe SAS
Believe S.A. provides digital music services for independent labels and local artists in France, Germany, rest of Europe, the Americas, Asia, Oceania, and Pacific. It operates through two segments, Premium Solutions and Automated Solutions. The company engages in the sale, promotion, and delivery of digital content provided by artists and labels by developing their catalog on digital platforms an… Read more
Believe SAS (BLV) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2024: 0.049x
Based on the latest financial reports, Believe SAS (BLV) has a cash flow conversion efficiency ratio of 0.049x as of December 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 (€17.51 Million) by net assets (€360.52 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Believe SAS - Cash Flow Conversion Efficiency Trend (2018–2024)
This chart illustrates how Believe SAS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Believe SAS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Believe SAS ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
American Uranium Ltd
AU:AMU
|
-0.013x |
|
G-Yen Hutong Co., Ltd.
TWO:2761
|
0.147x |
|
LTKM Bhd
KLSE:7085
|
0.094x |
|
MOTOROLA SOLTN
HM:MTLA
|
0.566x |
|
MMS Ventures Bhd
KLSE:0113
|
-0.015x |
|
Render Cube S.A.
WAR:RND
|
0.017x |
|
Dhunseri Tea & Industries Limited
NSE:DTIL
|
0.038x |
|
East Side Games Group Inc
TO:EAGR
|
-0.032x |
Annual Cash Flow Conversion Efficiency for Believe SAS (2018–2024)
The table below shows the annual cash flow conversion efficiency of Believe SAS from 2018 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €360.52 Million | €21.93 Million | 0.061x | +81.52% |
| 2023-12-31 | €379.21 Million | €12.71 Million | 0.034x | -82.49% |
| 2022-12-31 | €384.86 Million | €73.66 Million | 0.191x | +1110.81% |
| 2021-12-31 | €405.10 Million | €-7.67 Million | -0.019x | +29.47% |
| 2020-12-31 | €151.53 Million | €-4.07 Million | -0.027x | -114.86% |
| 2019-12-31 | €176.34 Million | €31.85 Million | 0.181x | -78.03% |
| 2018-12-31 | €35.41 Million | €29.12 Million | 0.822x | -- |