Altern Energy Ltd
Altern Energy Ltd operates in Environmental & Facilities Services.
Altern Energy Ltd (ALTN) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2024: 0.021x
Based on the latest financial reports, Altern Energy Ltd (ALTN) has a cash flow conversion efficiency ratio of 0.021x as of March 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 (PKRs578.84 Million) by net assets (PKRs27.48 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Altern Energy Ltd - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how Altern Energy 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.
Altern Energy Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Altern Energy Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Prom Resources, Inc.
PINK:PRMOD
|
N/A |
|
Azgard Nine Ltd
KAR:ANL
|
N/A |
|
Gem Resources Plc
LSE:GEMR
|
-1.048x |
|
Nitches Inc
PINK:NICH
|
0.151x |
|
Marechale Capital Plc
LSE:MAC
|
-0.059x |
|
B-Scada Inc
PINK:SCDA
|
-0.024x |
|
Osool ESB Securities Brokerage
EGX:EBSC
|
N/A |
|
CHANGMAO BIOCHEM-H-
BE:CZB
|
N/A |
Annual Cash Flow Conversion Efficiency for Altern Energy Ltd (2016–2023)
The table below shows the annual cash flow conversion efficiency of Altern Energy Ltd from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-06-30 | PKRs30.46 Billion | PKRs5.63 Billion | 0.185x | -47.59% |
| 2022-06-30 | PKRs23.21 Billion | PKRs8.18 Billion | 0.352x | +236.23% |
| 2021-06-30 | PKRs32.18 Billion | PKRs3.37 Billion | 0.105x | -26.23% |
| 2020-06-30 | PKRs29.80 Billion | PKRs4.23 Billion | 0.142x | -17.54% |
| 2019-06-30 | PKRs28.01 Billion | PKRs4.83 Billion | 0.172x | +61.65% |
| 2018-06-30 | PKRs27.21 Billion | PKRs2.90 Billion | 0.107x | +464.35% |
| 2017-06-30 | PKRs26.26 Billion | PKRs-768.39 Million | -0.029x | -113.36% |
| 2016-06-30 | PKRs25.83 Billion | PKRs5.65 Billion | 0.219x | -- |