Vulcan Steel Ltd (VSL) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.138x

Based on the latest financial reports, Vulcan Steel Ltd (VSL) has a cash flow conversion efficiency ratio of 0.138x as of December 2025. 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$39.91 Million ≈ $28.24 Million USD) by net assets (AU$288.69 Million ≈ $204.27 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 Vulcan Steel Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Vulcan Steel Ltd - Cash Flow Conversion Efficiency Trend (2018–2025)

This chart illustrates how Vulcan Steel Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Vulcan Steel Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Vulcan Steel Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
PlayAGS Inc NYSE:AGS	0.226x
Beijing Mainstreets Investment SHE:000609	-1.667x
Zhejiang Xinzhonggang Thermal Power Co Ltd SHG:605162	0.045x
Guangdong Shirongzhaoye Co Ltd SHE:002016	0.046x
Karat Packaging Inc NASDAQ:KRT	0.006x
Caregen Co.Ltd KQ:214370	0.019x
Hangzhou Yitong New Material Co. LTD SHE:300930	-0.024x
Shandong Donghong Pipe Ind Co SHG:603856	0.021x

Annual Cash Flow Conversion Efficiency for Vulcan Steel Ltd (2018–2025)

The table below shows the annual cash flow conversion efficiency of Vulcan Steel Ltd from 2018 to 2025. For the full company profile with market capitalisation and key ratios, see VSL market cap overview.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-06-30	AU$169.65 Million ≈ $120.04 Million	AU$104.95 Million ≈ $74.26 Million	0.619x	-36.91%
2024-06-30	AU$172.06 Million ≈ $121.74 Million	AU$168.71 Million ≈ $119.37 Million	0.981x	+24.21%
2023-06-30	AU$185.92 Million ≈ $131.55 Million	AU$146.77 Million ≈ $103.85 Million	0.789x	+1104.13%
2022-06-30	AU$167.09 Million ≈ $118.22 Million	AU$10.95 Million ≈ $7.75 Million	0.066x	-94.66%
2021-06-30	AU$85.86 Million ≈ $60.75 Million	AU$105.45 Million ≈ $74.62 Million	1.228x	+132.58%
2020-06-30	AU$134.97 Million ≈ $95.50 Million	AU$71.27 Million ≈ $50.43 Million	0.528x	+222.25%
2019-06-30	AU$140.58 Million ≈ $99.47 Million	AU$23.04 Million ≈ $16.30 Million	0.164x	-16.29%
2018-06-30	AU$120.99 Million ≈ $85.61 Million	AU$23.68 Million ≈ $16.76 Million	0.196x	--

About Vulcan Steel Ltd

AU:VSL Australia Steel

Market Cap

$518.40 Million

AU$732.65 Million AUD

Market Cap Rank

#12172 Global

#314 in Australia

Share Price

AU$5.00

Change (1 day)

+2.04%

52-Week Range

AU$4.72 - AU$7.80

All Time High

AU$8.55