Aisha Steel Mills Ltd
Aisha Steel Mills Ltd operates in Diversified Metals & Mining.
Aisha Steel Mills Ltd (ASL) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2024: -0.025x
Based on the latest financial reports, Aisha Steel Mills Ltd (ASL) has a cash flow conversion efficiency ratio of -0.025x 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 (PKRs-395.98 Million) by net assets (PKRs15.91 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Aisha Steel Mills Ltd - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how Aisha Steel Mills 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.
Aisha Steel Mills Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Aisha Steel Mills Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Pak Agro Pack(Gem)
KAR:GEMPAPL
|
N/A |
|
TERRAX MINERALS (TX0.SG)
STU:TX0
|
-0.011x |
|
Bank Pembangunan Timur Tbk
JK:BJTM
|
0.384x |
|
Majedie Investments
LSE:MAJE
|
0.008x |
|
Tern Plc
LSE:TERN
|
-0.049x |
|
Interact Holdings Group Inc
PINK:IHGP
|
-0.003x |
|
Bruush Oral Care Inc.
NASDAQ:BRSHF
|
1.689x |
|
Code Green Apparel Corp
PINK:CGAC
|
0.032x |
Annual Cash Flow Conversion Efficiency for Aisha Steel Mills Ltd (2016–2023)
The table below shows the annual cash flow conversion efficiency of Aisha Steel Mills Ltd from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-06-30 | PKRs15.69 Billion | PKRs2.22 Billion | 0.141x | +140.47% |
| 2022-06-30 | PKRs14.04 Billion | PKRs-4.90 Billion | -0.349x | -179.59% |
| 2021-06-30 | PKRs14.47 Billion | PKRs6.35 Billion | 0.439x | +16.36% |
| 2020-06-30 | PKRs8.10 Billion | PKRs3.05 Billion | 0.377x | +186.08% |
| 2019-06-30 | PKRs8.75 Billion | PKRs-3.83 Billion | -0.438x | -413.02% |
| 2018-06-30 | PKRs8.49 Billion | PKRs-725.37 Million | -0.085x | -150.65% |
| 2017-06-30 | PKRs6.70 Billion | PKRs1.13 Billion | 0.169x | +3458.10% |
| 2016-06-30 | PKRs2.71 Billion | PKRs-13.59 Million | -0.005x | -- |