Top Shelf International Holdings Ltd (TSI) - 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. See TSI equity to assets ratio to measure how much of total assets are equity-financed.
Top Shelf International Holdings Ltd - Cash Flow Conversion Efficiency Trend (2017–2023)
This chart illustrates how Top Shelf International Holdings Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore Top Shelf International Holdings Ltd cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Radiant Utama Interinsco Tbk
JK:RUIS
|
0.008x |
|
Stavely Minerals Ltd
AU:SVY
|
-0.194x |
|
Mydas Real Estate Investments Ltd
TA:MYDS
|
-0.209x |
|
Elite Express Holding Inc. Class A Common Stock
NASDAQ:ETS
|
-0.095x |
|
Cabnet Holdings Bhd
KLSE:0191
|
0.009x |
|
Maming Enam Sembilan Mineral Tbk PT
JK:AKSI
|
-0.008x |
|
Phoenix Motor Inc. Common Stock
NASDAQ:PEV
|
-0.277x |
|
J D Wetherspoon PLC
LSE:JDW
|
0.175x |
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. For the full company profile with market capitalisation and key ratios, see TSI market cap overview.
| 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