Ophir High Conviction Fund (OPH) - Cash Flow Conversion Efficiency

Latest as of June 2023: -0.031x

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 Ophir High Conviction Fund balance sheet quality to measure how much of total assets are equity-financed.

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. Check OPH cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

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
Kuo Toong International Co Ltd TWO:8936	0.027x
EGing Photovoltaic Technology Co Ltd SHG:600537	-0.199x
Aarti Drugs Limited NSE:AARTIDRUGS	0.104x
VST Industries Limited NSE:VSTIND	0.048x
CIMB Thai Bank Public Company Limited BK:CIMBT	-0.088x
Concrete Pumping Holdings Class A NASDAQ:BBCP	0.074x
Tivan Ltd AU:TVN	-0.023x
Universal Store Holdings Ltd AU:UNI	0.352x

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 market cap of Ophir High Conviction Fund.

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

AU:OPH Australia Asset Management

Market Cap

$401.63 Million

AU$567.62 Million AUD

Market Cap Rank

#13290 Global

#347 in Australia

Share Price

AU$2.55

Change (1 day)

+0.39%

52-Week Range

AU$2.43 - AU$3.59

All Time High

AU$3.59