Ophir High Conviction Fund (OPH) - 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. See defensive interval ratio of Ophir High Conviction Fund to measure how many days the company can operate on defensive assets alone.
Ophir High Conviction Fund - Cash Flow Conversion Efficiency Trend (2017–2023)
This chart illustrates how Ophir High Conviction Fund's cash flow conversion efficiency has evolved over time, based on yearly financial data.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Miller Industries Inc
NYSE:MLR
|
0.047x |
|
Vaibhav Global Limited
NSE:VAIBHAVGBL
|
0.047x |
|
Shanghai Phoenix Enterprise Group Co Ltd A
SHG:600679
|
0.069x |
|
Shanghai Kindly Entrp Dvlp Grp
SHG:603987
|
0.040x |
|
Surya Semesta Internusa Tbk
JK:SSIA
|
0.001x |
|
China BlueChemical Ltd
F:H1Q
|
0.009x |
|
Stabilus S.A.
XETRA:STM
|
0.008x |
|
Sichuan Troy Information Technology Co Ltd
SHE:300366
|
-0.022x |
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. For the full company profile with market capitalisation and key ratios, see Ophir High Conviction Fund market capitalisation.
| 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.