Believe SAS Cash Flow Conversion Efficiency
Believe SAS 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.
Cash Flow Conversion Efficiency of Believe SAS (2018–2024)
Cash flow conversion efficiency of Believe SAS from 2018 to 2024. This chart illustrates how Believe SAS's cash flow conversion efficiency has evolved over time, based on yearly financial data. View BLV live share price for real-time trading data and today's change.
Believe SAS Cash Flow Conversion Ratio Explained
Believe SAS cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Believe SAS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Believe SAS ranked by their cash flow conversion efficiency. Also see market value of Believe SAS for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Beijing Worldia Diamond Tools Co Ltd
SHG:688028
|
0.028x |
|
Hyperliquid Strategies Inc Common Stock
NASDAQ:PURR
|
-0.002x |
|
Sanhe Tongfei Refrigeration Co. Ltd.
SHE:300990
|
0.029x |
|
Melco Resorts & Entertainment Ltd
NASDAQ:MLCO
|
-0.046x |
|
Vericel Corp Ord
NASDAQ:VCEL
|
0.042x |
|
Kfin Technologies Limited
NSE:KFINTECH
|
0.108x |
|
Shinsung E&G Co. Ltd
KO:011930
|
0.023x |
|
Jointo Energy Investment Co Ltd Hebei
SHE:000600
|
0.096x |
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. Review Believe SAS free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.
| 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