Ophir High Conviction Fund Cash Flow Conversion Efficiency
Ophir High Conviction Fund cash flow conversion efficiency. Based on the latest financial reports, Ophir High Conviction Fund (OPH) has a cash flow conversion efficiency ratio of -0.031x as of June 2023. 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$-18.34 Million ≈ $-12.97 Million USD) by net assets (AU$586.61 Million ≈ $415.06 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 Ophir High Conviction Fund (2017–2023)
Cash flow conversion efficiency of Ophir High Conviction Fund from 2017 to 2023. This chart illustrates how Ophir High Conviction Fund's cash flow conversion efficiency has evolved over time, based on yearly financial data. View today's stock price for Ophir High Conviction Fund for real-time trading data and today's change.
Ophir High Conviction Fund Cash Flow Conversion Ratio Explained
Ophir High Conviction Fund 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.
Ophir High Conviction Fund Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Ophir High Conviction Fund ranked by their cash flow conversion efficiency. Also see Ophir High Conviction Fund (OPH) total market value for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Lifestyle Communities Ltd
AU:LIC
|
0.028x |
|
Solus Advanced Materials Co Ltd
KO:336370
|
0.006x |
|
Tharisa plc
JSE:THA
|
0.048x |
|
Xinjiang Torch Gas Co Ltd
SHG:603080
|
0.076x |
|
Tilray Inc
TO:TLRY
|
-0.014x |
|
Shandong Liancheng Precision Manufacturing Co Ltd Class A
SHE:002921
|
0.005x |
|
VITZROCELL Co.Ltd
KQ:082920
|
0.049x |
|
Revenio Group Corporation
HE:REG1V
|
-0.029x |
Annual Cash Flow Conversion Efficiency for Ophir High Conviction Fund (2017–2023)
The table below shows the annual cash flow conversion efficiency of Ophir High Conviction Fund from 2017 to 2023. Review Ophir High Conviction Fund 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 |
|---|---|---|---|---|
| 2023-06-30 | AU$586.61 Million ≈ $415.06 Million |
AU$11.23 Million ≈ $7.95 Million |
0.019x | -87.20% |
| 2022-06-30 | AU$498.14 Million ≈ $352.46 Million |
AU$74.48 Million ≈ $52.70 Million |
0.150x | +422.49% |
| 2021-06-30 | AU$658.66 Million ≈ $466.05 Million |
AU$-30.54 Million ≈ $-21.61 Million |
-0.046x | -402.10% |
| 2020-06-30 | AU$574.84 Million ≈ $406.74 Million |
AU$8.82 Million ≈ $6.24 Million |
0.015x | -92.67% |
| 2019-06-30 | AU$521.13 Million ≈ $368.74 Million |
AU$109.11 Million ≈ $77.21 Million |
0.209x | +161.28% |
| 2018-06-30 | AU$633.96 Million ≈ $448.57 Million |
AU$-216.62 Million ≈ $-153.27 Million |
-0.342x | +38.35% |
| 2017-06-30 | AU$246.00 Million ≈ $174.06 Million |
AU$-136.35 Million ≈ $-96.48 Million |
-0.554x | -- |
About Ophir High Conviction Fund
Ophir Asset Management Pty Ltd - Ophir High Conviction Fund (ASX:OPH) was founded in 2015 and is based in Australia.