Top Shelf International Holdings Ltd Cash Flow Conversion Efficiency
Top Shelf International Holdings Ltd cash flow conversion efficiency. Based on the latest financial reports, Top Shelf International Holdings Ltd (TSI) has a cash flow conversion efficiency ratio of -0.324x as of June 2024. 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$-13.13 Million ≈ $-9.29 Million USD) by net assets (AU$40.52 Million ≈ $28.67 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 Top Shelf International Holdings Ltd (2017–2023)
Cash flow conversion efficiency of Top Shelf International Holdings Ltd from 2017 to 2023. This chart illustrates how Top Shelf International Holdings Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View TSI live share price for real-time trading data and today's change.
Top Shelf International Holdings Ltd Cash Flow Conversion Ratio Explained
Top Shelf International Holdings 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.
Top Shelf International Holdings Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Top Shelf International Holdings Ltd ranked by their cash flow conversion efficiency. Also see Top Shelf International Holdings Ltd stock valuation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Ostasiatiske Kompagni A/S
CO:OKEAC
|
0.523x |
|
Kinovo PLC
LSE:KINO
|
-0.845x |
|
Celsius Resources Ltd
AU:CLA
|
-0.087x |
|
Ta Win Holdings Bhd
KLSE:7097
|
-0.089x |
|
Check-Cap Ltd
F:7CC
|
-1.030x |
|
Polygiene AB
ST:POLYG
|
0.000x |
|
Phoenix Motor Inc. Common Stock
NASDAQ:PEV
|
-0.277x |
|
GENOMTEC S.A. ZY -10
F:4VI
|
N/A |
Annual Cash Flow Conversion Efficiency for Top Shelf International Holdings Ltd (2017–2023)
The table below shows the annual cash flow conversion efficiency of Top Shelf International Holdings Ltd from 2017 to 2023. Review TSI FCF to total liabilities ratio to assess the company's free cash flow relative to its total liabilities.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | AU$40.52 Million ≈ $28.67 Million |
AU$-13.18 Million ≈ $-9.32 Million |
-0.325x | +73.35% |
| 2022-12-31 | AU$22.67 Million ≈ $16.04 Million |
AU$-27.67 Million ≈ $-19.58 Million |
-1.220x | -193.43% |
| 2021-12-31 | AU$60.51 Million ≈ $42.82 Million |
AU$-25.17 Million ≈ $-17.81 Million |
-0.416x | -21.97% |
| 2020-12-31 | AU$43.39 Million ≈ $30.70 Million |
AU$-14.80 Million ≈ $-10.47 Million |
-0.341x | -160.79% |
| 2019-12-31 | AU$50.30 Million ≈ $35.59 Million |
AU$-6.58 Million ≈ $-4.65 Million |
-0.131x | +18.73% |
| 2018-12-31 | AU$11.43 Million ≈ $8.09 Million |
AU$-1.84 Million ≈ $-1.30 Million |
-0.161x | -17.97% |
| 2017-12-31 | AU$9.80 Million ≈ $6.93 Million |
AU$-1.34 Million ≈ $-945.31K |
-0.136x | -- |
About Top Shelf International Holdings Ltd
Top Shelf International Holdings Ltd engages in the production, marketing, and selling of NED Australian Whisky and Grainshaker Hand Made Vodka spirit products in Australia. It also provides canning, bottling, and contract packaging services to third party beverage manufacturers; and produces Australian agave spirit. Top Shelf International Holdings Ltd was incorporated in 2013 and is headquarter… Read more