Hearts and Minds Investments Ltd (HM1) - Cash Flow Conversion Efficiency

Latest as of December 2025: -0.012x

Based on the latest financial reports, Hearts and Minds Investments Ltd (HM1) has a cash flow conversion efficiency ratio of -0.012x as of December 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$-9.28 Million ≈ $-6.56 Million USD) by net assets (AU$769.05 Million ≈ $544.15 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See HM1 equity financing ratio to measure how much of total assets are equity-financed.

Hearts and Minds Investments Ltd - Cash Flow Conversion Efficiency Trend (2019–2025)

This chart illustrates how Hearts and Minds Investments Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Hearts and Minds Investments Ltd earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.

Hearts and Minds Investments Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Hearts and Minds Investments Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Guangzhou Jiacheng SHG:603535	0.033x
Taiwan Shin Kong Security Co Ltd TW:9925	0.008x
Meridian Mining UK Societas TO:MNO	-0.105x
Zhejiang Huakang Pharmaceutical Co Ltd SHG:605077	N/A
Digital Turbine Inc NASDAQ:APPS	0.073x
Nemak S. A. B. de C. V MX:NEMAKA	0.099x
RPG Life Sciences Limited NSE:RPGLIFE	0.019x
POET Technologies Inc V:PTK	-0.157x

Annual Cash Flow Conversion Efficiency for Hearts and Minds Investments Ltd (2019–2025)

The table below shows the annual cash flow conversion efficiency of Hearts and Minds Investments Ltd from 2019 to 2025. For the full company profile with market capitalisation and key ratios, see market value of Hearts and Minds Investments Ltd.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-06-30	AU$786.70 Million ≈ $556.64 Million	AU$-2.55 Million ≈ $-1.81 Million	-0.003x	+31.32%
2024-06-30	AU$697.41 Million ≈ $493.46 Million	AU$-3.30 Million ≈ $-2.33 Million	-0.005x	-141.99%
2023-06-30	AU$675.52 Million ≈ $477.98 Million	AU$7.60 Million ≈ $5.38 Million	0.011x	+107.61%
2022-06-30	AU$641.13 Million ≈ $453.64 Million	AU$-94.84 Million ≈ $-67.10 Million	-0.148x	-130.28%
2021-06-30	AU$886.00 Million ≈ $626.90 Million	AU$-56.91 Million ≈ $-40.27 Million	-0.064x	-3929.51%
2020-06-30	AU$750.51 Million ≈ $531.03 Million	AU$-1.20 Million ≈ $-846.54K	-0.002x	+59.73%
2019-06-30	AU$599.19 Million ≈ $423.97 Million	AU$-2.37 Million ≈ $-1.68 Million	-0.004x	--

About Hearts and Minds Investments Ltd

AU:HM1 Australia Asset Management

Market Cap

$484.44 Million

AU$684.66 Million AUD

Market Cap Rank

#12341 Global

#324 in Australia

Share Price

AU$2.99

Change (1 day)

+1.36%

52-Week Range

AU$2.66 - AU$3.51

All Time High

AU$3.95