Cash conversion definition

Cash conversion or "cash conversion rate" means the ratio of free cash flow (pre-tax) to Adjusted EBITDA, represented as a percentage of Adjusted EBITDA;
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Cash conversion means Adjusted EBITDA less cash capital expenditures (excluding cash outflows in relation to frequency reservation acquisitions) divided by Adjusted EBITDA.
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Cash conversion. Cost" excluding depreciation is fixed at *** of Compound X.
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Examples of Cash conversion in a sentence

  • Cash conversion is defined as free cash flow, expressed as a percentage of adjusted earnings after taxation.

  • Cash conversion is calculated as adjusted operating cash flow divided by trading profit.

  • Cash conversion is calculated as operating cash flow divided by trading profit.

  • Cash conversion provides a measure of the ability to convert profits to cash.

  • Cash conversion is calculated as adjusted cash from operations divided by adjusted operating profit.

  • Cash conversion % measures the Group’s conversion of its underlying PAT into free cash flows.

  • Cash conversion Cash flow from operating activities to EBITDA ratio.

  • Cash conversion represents EBITDA less capital expenditure as a percentage of EBITDA.

  • Cash conversion: A key measure of the Group’s cash generation is the conversion of profit into cash.

  • Cash conversion % measures the Group’s conversion of its underlying PAT (Profit After Tax) into free cash flows.


More Definitions of Cash conversion

Cash conversion means operating free cash flow divided by EBITDA excluding special items. “Cash conversion” is not a recognized measure in accordance with IFRS and, as defined by TDC, may not be consistent with similarly named measures used by other companies.
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Cash conversion has the meaning set forth in Section 18.06(b). “Closing Price” means, for any date, the price determined by the first of the following clauses that applies: (a) if the Class A Common Stock is then listed or quoted on a Trading Market, the last reported trade price per share of Class A Common Stock on such date on the Trading Market (as reported by Bloomberg L.P. at 4:15 p.m. (New York City time)); (b) if the Class A Common Stock is not then listed or quoted on a Trading Market and if prices for the Class A Common Stock are then reported in the “OTC Markets Pink Sheets” published by OTC Markets (or a similar organization or agency succeeding to its functions of reporting prices), the most recent bid price per share of the Class A Common Stock so reported; or (c) if the Class A Common Stock is not so reported, the “Closing Price” shall be the average of the mid-point of the last bid and ask prices per share for the Class A Common Stock on the relevant date from each of at least three nationally recognized independent investment banking firms selected by the Corporation for this purpose. “Company Redemption” has the meaning set forth in Section 18.08(b). “Company Redemption Date” has the meaning set forth in Section 18.08(e). “Company Redemption Notice” has the meaning set forth in Section 18.08(b). “Company Redemption Price” means, as of any date of redemption, (x) in the case of a Fundamental Change Redemption, the greater of (a) the Accumulated Stated Value and (b) the payment that a Series C Holder would have received had such Series C Holder, immediately prior to such redemption, converted such Series C Preferred Mirror Units then held by such Series C Holder into Class A Common Units at the applicable Optional Conversion Price then in effect in accordance with Section 18.06 and 18.07, and (y) in the case of a Company Redemption, the greater of (a) the Optional Redemption Price and (b) the payment that a holder of Shares of Series C Preferred Mirror Units would have received had such Series C Holder, immediately prior to such redemption, converted such Series C Preferred Mirror Units then held by such Series C Holder into Class A Common Mirror Units at the applicable Optional Conversion Price then in effect in accordance with Section 18.06 and 18.07. “Compounded Series C Distributions” has the meaning set forth in Section 18.03(b). “Conversion Election Date” means the date upon which the holder of Series C Preferred Mirror Units’ right to convert its sha...
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Cash conversion with respect to any Security, means the conversion of a Holder’s rights as a Holder of a Security in accordance with Article 4 into the right to receive a cash payment from the Company pursuant to Section 4.02 in the amount determined pursuant to Section 4.12. The terms “cash convert,” “cash convertible” and “cash converted” shall have corresponding meanings.
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Cash conversion means EBITDA less Capital Spending plus/minus changes in Operating Working Capital, divided by EBITDA. Any adjustments to Cash Conversion may be made at the component level and are noted in the component level definition.
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Cash conversion means operating free cash flow divided by EBITDA excluding special items. For the purposes of TDC, this is defined as the operating free cash flow divided by EBITDA. “Cash conversion” is not a recognized measure in accordance with IFRS and, as defined by TDC, may not be consistent with similarly named measures used by other companies.
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Related to Cash conversion

  • Automatic Conversion means the irrevocable and automatic release of all of the Issuer’s obligations under the Securities (other than the CSO Obligations, if any) in consideration of the Issuer’s issuance of the Conversion Shares at the Conversion Price to the Conversion Shares Depository (on behalf of the holders of the Securities) or to the relevant recipient, in accordance with the terms of the Securities.

  • Mandatory Conversion shall have the meaning set forth in Section 6.

  • Optional Conversion means the conversion of any Convertible Preferred Stock other than a Mandatory Conversion.

  • Mandatory Conversion Date has the meaning set forth in Section 7(a).

  • New Conversion Price means the amount determined in accordance with the following formula, which shall apply from the QTE Effective Date: NCP = ECP * (VWAPAES / VWAPOS) where:

  • Mandatory Conversion Notice shall have the meaning ascribed to it in Section 4.01(b)(ii) hereof.

  • Major conversion means a conversion of an existing ship:

  • Automatic Conversion Date shall have the meaning specified in Section 15.12(a).

  • Optional Conversion Date means, with respect to the Optional Conversion of any Convertible Preferred Stock, the first Business Day on which the requirements set forth in Section 10(d)(ii) for such conversion are satisfied.

  • Final Conversion Date means 5:00 p.m. in New York City, New York on the earlier to occur following the IPO of (i) the first Trading Day falling on or after the date on which the outstanding shares of Class B Common Stock represent less than ten percent (10%) of the aggregate number of shares of the then outstanding Class A Common Stock and Class B Common Stock, (ii) the tenth (10th) anniversary of the IPO or (iii) the date specified by affirmative vote of the holders of a majority of the outstanding shares of Class B Common Stock, voting as a single class.

  • Daily Conversion Value means, for each of the 40 consecutive Trading Days during the relevant Observation Period, 2.5% of the product of (a) the Conversion Rate on such Trading Day and (b) the Daily VWAP on such Trading Day.

  • Series B Conversion Price means, as of the applicable Conversion Date, the greater of (A) the average of the Market Values of the Common Stock for the five consecutive Trading Days preceeding (but not including) such Conversion Date, or (B) the then effective Series B Minimum Conversion Price.

  • Initial Conversion Price has the meaning specified in Section 13.01.

  • Date of Conversion Conversion Price:_______________________________________________________________

  • Continuation/Conversion Date means the date on which a Loan is converted into or continued as a LIBOR Rate Loan.

  • Term Loan Conversion Date means the Termination Date on which all Revolving Credit Advances outstanding on such date are converted into a term loan pursuant to Section 2.06.

  • Interest Conversion Price means, with respect to any Interest Date, that price which shall be computed as 100.0% of the arithmetic average of the Weighted Average Price of the Common Stock on each of the ten (10) consecutive Trading Days immediately preceding the applicable Interest Date (each, an “Interest Measuring Period”). All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction during such period.

  • Continuation/Conversion Notice means a notice of continuation or conversion and certificate duly executed by an Authorized Officer of the Borrower, substantially in the form of Exhibit C hereto.

  • Series A Conversion Price shall initially be equal to $0.71. Such initial Series A Conversion Price, and the rate at which shares of Series A Preferred Stock may be converted into shares of Common Stock, shall be subject to adjustment as provided below.

  • Conversion Plan shall have the meaning given to such term in Section 2.05 of this Agreement.

  • Conversion Date shall have the meaning set forth in Section 4(a).

  • Series A Conversion Rate means, as adjusted pursuant to Section 5.8(b)(vi)(E), the number of Common Units issuable upon the conversion of each Series A Preferred Unit, which shall be the quotient of (a) the sum of (i) the Series A Issue Price, plus (ii) any Series A Unpaid Distributions on the applicable Series A Preferred Unit, plus (iii) only for purposes of the definition of “Series A COC Conversion Rate,” any Series A Partial Period Distributions on the applicable Series A Preferred Unit, divided by (b) the Series A Issue Price.

  • Forced Conversion Amount means the sum of (a) 100% of the aggregate Stated Value then outstanding and (b) all liquidated damages and other amounts due in respect of the Preferred Stock.

  • Forced Conversion shall have the meaning set forth in Section 6(d).

  • Conversion Value means, with respect to Convertible Capital Appreciation Bonds, the Accreted Value as of the Conversion Date.

  • Interest Conversion Shares shall have the meaning set forth in Section 2(a).