T-Bull S.A (TBL) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.195x

Based on the latest financial reports, T-Bull S.A (TBL) has a cash flow conversion efficiency ratio of -0.195x 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 (zł-431.48K ≈ $-118.75K USD) by net assets (zł2.22 Million ≈ $610.15K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See T-Bull S.A balance sheet quality to measure how much of total assets are equity-financed.

T-Bull S.A - Cash Flow Conversion Efficiency Trend (2015–2024)

This chart illustrates how T-Bull S.A's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check TBL operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.

T-Bull S.A Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of T-Bull S.A ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
DBT SA PA:ALDBT	-0.387x
Kuchai Develop Bhd KLSE:2186	-0.008x
Pond Technologies Holdings Inc V:POND	0.019x
Schroder British Opportunities Trus LSE:SBO	N/A
Water Intelligence plc LSE:WATR	0.091x
Ivory Properties Group Bhd KLSE:5175	0.629x
Sadot Group Inc. NASDAQ:SDOT	-0.042x
IO Biotech Inc NASDAQ:IOBT	-20.283x

Annual Cash Flow Conversion Efficiency for T-Bull S.A (2015–2024)

The table below shows the annual cash flow conversion efficiency of T-Bull S.A from 2015 to 2024. For the full company profile with market capitalisation and key ratios, see TBL stock market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	zł3.12 Million ≈ $858.88K	zł1.65 Million ≈ $454.63K	0.529x	+340.65%
2023-12-31	zł6.21 Million ≈ $1.71 Million	zł-1.37 Million ≈ $-376.00K	-0.220x	-284.80%
2022-12-31	zł10.76 Million ≈ $2.96 Million	zł-615.24K ≈ $-169.32K	-0.057x	-230.38%
2021-12-31	zł19.43 Million ≈ $5.35 Million	zł851.67K ≈ $234.39K	0.044x	-75.18%
2020-12-31	zł17.30 Million ≈ $4.76 Million	zł3.06 Million ≈ $841.04K	0.177x	-74.57%
2019-12-31	zł16.65 Million ≈ $4.58 Million	zł11.56 Million ≈ $3.18 Million	0.695x	+135.37%
2018-12-31	zł14.63 Million ≈ $4.03 Million	zł4.32 Million ≈ $1.19 Million	0.295x	-50.49%
2017-12-31	zł12.96 Million ≈ $3.57 Million	zł7.72 Million ≈ $2.13 Million	0.596x	-39.25%
2016-12-31	zł7.68 Million ≈ $2.11 Million	zł7.54 Million ≈ $2.07 Million	0.981x	-23.04%
2015-12-31	zł2.84 Million ≈ $782.34K	zł3.62 Million ≈ $997.39K	1.275x	--

About T-Bull S.A

WAR:TBL Poland Electronic Gaming & Multimedia

Market Cap

$618.10K

zł2.25 Million PLN

Market Cap Rank

#30839 Global

#359 in Poland

Share Price

zł1.89

Change (1 day)

+0.00%

52-Week Range

zł1.56 - zł4.46

All Time High

zł210.00