Hitech Group Australia Ltd Cash Flow Conversion Efficiency
Hitech Group Australia Ltd cash flow conversion efficiency. Based on the latest financial reports, Hitech Group Australia Ltd (HIT) has a cash flow conversion efficiency ratio of 0.234x as of June 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 (AU$2.71 Million ≈ $1.92 Million USD) by net assets (AU$11.57 Million ≈ $8.19 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 Hitech Group Australia Ltd (1999–2025)
Cash flow conversion efficiency of Hitech Group Australia Ltd from 1999 to 2025. This chart illustrates how Hitech Group Australia Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Hitech Group Australia Ltd stock quote for real-time trading data and today's change.
Hitech Group Australia Ltd Cash Flow Conversion Ratio Explained
Hitech Group Australia Ltd 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.
Hitech Group Australia Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Hitech Group Australia Ltd ranked by their cash flow conversion efficiency. Also see HIT stock market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
TDb Split Corp
TO:XTD
|
-0.045x |
|
SCI Information Service Inc
KQ:036120
|
0.049x |
|
Mereo BioPharma Group plc
F:MAH0
|
-0.188x |
|
Vext Science Inc
F:VV5
|
0.018x |
|
Eastern Platinum Limited
TO:ELR
|
-0.033x |
|
Heerim Architects & Planners Co. Ltd
KQ:037440
|
0.008x |
|
Mega Perintis Tbk PT
JK:ZONE
|
-0.109x |
|
Fine Metal Technologies Public Company Limited
BK:FMT
|
0.224x |
Annual Cash Flow Conversion Efficiency for Hitech Group Australia Ltd (1999–2025)
The table below shows the annual cash flow conversion efficiency of Hitech Group Australia Ltd from 1999 to 2025. Review Hitech Group Australia Ltd (HIT) free cash flow 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 |
|---|---|---|---|---|
| 2025-06-30 | AU$11.57 Million ≈ $8.19 Million |
AU$2.68 Million ≈ $1.90 Million |
0.232x | -66.22% |
| 2024-06-30 | AU$9.42 Million ≈ $6.66 Million |
AU$6.46 Million ≈ $4.57 Million |
0.685x | -15.80% |
| 2023-06-30 | AU$7.61 Million ≈ $5.38 Million |
AU$6.19 Million ≈ $4.38 Million |
0.814x | -19.19% |
| 2022-06-30 | AU$7.43 Million ≈ $5.26 Million |
AU$7.49 Million ≈ $5.30 Million |
1.007x | +120.98% |
| 2021-06-30 | AU$6.32 Million ≈ $4.47 Million |
AU$2.88 Million ≈ $2.04 Million |
0.456x | -38.18% |
| 2020-06-30 | AU$6.99 Million ≈ $4.94 Million |
AU$5.15 Million ≈ $3.65 Million |
0.737x | +70.99% |
| 2019-06-30 | AU$7.27 Million ≈ $5.14 Million |
AU$3.13 Million ≈ $2.22 Million |
0.431x | -0.70% |
| 2018-06-30 | AU$7.41 Million ≈ $5.24 Million |
AU$3.22 Million ≈ $2.28 Million |
0.434x | +54.04% |
| 2017-06-30 | AU$6.66 Million ≈ $4.72 Million |
AU$1.88 Million ≈ $1.33 Million |
0.282x | -13.57% |
| 2016-06-30 | AU$5.95 Million ≈ $4.21 Million |
AU$1.94 Million ≈ $1.37 Million |
0.326x | +4.53% |
| 2015-06-30 | AU$3.75 Million ≈ $2.65 Million |
AU$1.17 Million ≈ $827.79K |
0.312x | +4804.12% |
| 2014-06-30 | AU$2.94 Million ≈ $2.08 Million |
AU$-19.50K ≈ $-13.80K |
-0.007x | -102.43% |
| 2013-06-30 | AU$3.24 Million ≈ $2.29 Million |
AU$884.43K ≈ $625.79K |
0.273x | +9.01% |
| 2012-06-30 | AU$3.08 Million ≈ $2.18 Million |
AU$769.83K ≈ $544.71K |
0.250x | +87.29% |
| 2011-06-30 | AU$2.52 Million ≈ $1.78 Million |
AU$336.65K ≈ $238.20K |
0.134x | +205.27% |
| 2010-06-30 | AU$1.87 Million ≈ $1.32 Million |
AU$-237.50K ≈ $-168.05K |
-0.127x | -25.54% |
| 2009-06-30 | AU$1.73 Million ≈ $1.23 Million |
AU$-175.35K ≈ $-124.07K |
-0.101x | -50.43% |
| 2008-06-30 | AU$2.61 Million ≈ $1.85 Million |
AU$-175.55K ≈ $-124.21K |
-0.067x | -166.19% |
| 2007-06-30 | AU$2.33 Million ≈ $1.65 Million |
AU$236.51K ≈ $167.35K |
0.102x | +5.19% |
| 2006-06-30 | AU$2.05 Million ≈ $1.45 Million |
AU$197.57K ≈ $139.80K |
0.097x | +274.48% |
| 2005-06-30 | AU$1.99 Million ≈ $1.41 Million |
AU$-110.15K ≈ $-77.94K |
-0.055x | -214.11% |
| 2004-06-30 | AU$1.99 Million ≈ $1.41 Million |
AU$96.51K ≈ $68.29K |
0.048x | +159.36% |
| 2003-06-30 | AU$1.85 Million ≈ $1.31 Million |
AU$-150.76K ≈ $-106.68K |
-0.082x | -374.68% |
| 2002-06-30 | AU$3.39 Million ≈ $2.40 Million |
AU$100.88K ≈ $71.38K |
0.030x | -95.85% |
| 2001-06-30 | AU$4.11 Million ≈ $2.90 Million |
AU$2.94 Million ≈ $2.08 Million |
0.717x | +105.66% |
| 2000-06-30 | AU$3.50 Million ≈ $2.48 Million |
AU$1.22 Million ≈ $863.94K |
0.349x | -45.60% |
| 1999-06-30 | AU$3.14 Million ≈ $2.22 Million |
AU$2.01 Million ≈ $1.42 Million |
0.641x | -- |
About Hitech Group Australia Ltd
HiTech Group Australia Limited provides recruitment services for permanent and contract staff to the information and communications technology (ICT) industry in public and private sectors in Australia. The company's ICT contracting services include the provision of ICT professionals for temporary and other non-permanent staffing needs of clients for specific projects. It offers personnel services… Read more