Askari Bank Ltd
Askari Bank Ltd operates in Consumer Finance.
Askari Bank Ltd (AKBL) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 0.359x
Based on the latest financial reports, Askari Bank Ltd (AKBL) has a cash flow conversion efficiency ratio of 0.359x 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 (PKRs36.17 Billion) by net assets (PKRs100.74 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Askari Bank Ltd - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how Askari Bank Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Askari Bank Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Askari Bank Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Radiant Gems International PLC
CM:RGEMN0000
|
N/A |
|
BERKELEY RESOURCES
BE:B5R
|
N/A |
|
Kohat Cement Company Ltd
KAR:KOHC
|
0.050x |
|
American Picture House Corp
OTCQB:APHP
|
0.071x |
|
XINJIANG XINXIN
MU:33X1
|
N/A |
|
Egyptian International Tourism Projects
EGX:EITP
|
N/A |
|
Bezant Resources Plc
LSE:BZT
|
-0.019x |
|
Noon Sugar Mills Ltd
KAR:NONS
|
N/A |
Annual Cash Flow Conversion Efficiency for Askari Bank Ltd (2016–2023)
The table below shows the annual cash flow conversion efficiency of Askari Bank Ltd from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | PKRs97.70 Billion | PKRs515.40 Billion | 5.276x | +173.56% |
| 2022-12-31 | PKRs73.33 Billion | PKRs141.42 Billion | 1.928x | -43.77% |
| 2021-12-31 | PKRs56.04 Billion | PKRs192.20 Billion | 3.430x | +27.28% |
| 2020-12-31 | PKRs54.68 Billion | PKRs147.34 Billion | 2.695x | +65.13% |
| 2019-12-31 | PKRs42.40 Billion | PKRs69.19 Billion | 1.632x | +225.83% |
| 2018-12-31 | PKRs33.60 Billion | PKRs-43.57 Billion | -1.297x | -260.24% |
| 2017-12-31 | PKRs32.55 Billion | PKRs26.34 Billion | 0.809x | -37.72% |
| 2016-12-31 | PKRs32.85 Billion | PKRs42.69 Billion | 1.299x | -- |