Believe SAS (BLV) - Cash Flow Conversion Efficiency
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 ≈ $20.47 Million USD) by net assets (€360.52 Million ≈ $421.48 Million USD). 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. Read BLV total liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Artivion Inc
NYSE:AORT
|
0.044x |
|
Horace Mann Educators Corporation
NYSE:HMN
|
0.102x |
|
Heineken Bhd
KLSE:3255
|
0.327x |
|
TriNet Group Inc
NYSE:TNET
|
1.130x |
|
Vericel Corp Ord
NASDAQ:VCEL
|
0.042x |
|
Sinomag Technology Co Ltd
SHE:300835
|
0.011x |
|
Amara Raja Batteries Limited
NSE:ARE&M
|
0.068x |
|
Anhui Xinhua Media Co Ltd
SHG:601801
|
-0.035x |
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. For the full company profile with market capitalisation and key ratios, see Believe SAS stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €360.52 Million ≈ $421.48 Million |
€21.93 Million ≈ $25.64 Million |
0.061x | +81.52% |
| 2023-12-31 | €379.21 Million ≈ $443.33 Million |
€12.71 Million ≈ $14.86 Million |
0.034x | -82.49% |
| 2022-12-31 | €384.86 Million ≈ $449.94 Million |
€73.66 Million ≈ $86.11 Million |
0.191x | +1110.81% |
| 2021-12-31 | €405.10 Million ≈ $473.61 Million |
€-7.67 Million ≈ $-8.97 Million |
-0.019x | +29.47% |
| 2020-12-31 | €151.53 Million ≈ $177.15 Million |
€-4.07 Million ≈ $-4.76 Million |
-0.027x | -114.86% |
| 2019-12-31 | €176.34 Million ≈ $206.16 Million |
€31.85 Million ≈ $37.24 Million |
0.181x | -78.03% |
| 2018-12-31 | €35.41 Million ≈ $41.40 Million |
€29.12 Million ≈ $34.04 Million |
0.822x | -- |
About 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