Millat Tractors Ltd
Millat Tractors Ltd operates in Industrial Machinery & Supplies & Components.
Millat Tractors Ltd (MTL) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: -0.084x
Based on the latest financial reports, Millat Tractors Ltd (MTL) has a cash flow conversion efficiency ratio of -0.084x 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 (PKRs-1.03 Billion) by net assets (PKRs12.22 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Millat Tractors Ltd - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Millat Tractors 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.
Millat Tractors Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Millat Tractors Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
PICC PROPERTY -H-
MU:PJC
|
N/A |
|
SIMH3F
SA:SIMH3F
|
N/A |
|
ABS Marine Services Ltd
NSE:ABSMARINE-SM
|
N/A |
|
Colonial Motors PLC
CM:COLON0000
|
N/A |
|
Streamex Corp
NASDAQ:STEX
|
0.736x |
|
India Grid Trust
NSE:INDIGRID-IV
|
0.020x |
|
Online Vacation Center Holdings Corp
OTCQX:ONVC
|
0.053x |
|
Arbuthnot Banking Group Plc
LSE:ARBB
|
0.304x |
Annual Cash Flow Conversion Efficiency for Millat Tractors Ltd (2016–2024)
The table below shows the annual cash flow conversion efficiency of Millat Tractors Ltd from 2016 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-06-30 | PKRs12.22 Billion | PKRs8.99 Billion | 0.735x | +285.39% |
| 2023-06-30 | PKRs9.73 Billion | PKRs-3.86 Billion | -0.397x | -11905.66% |
| 2022-06-30 | PKRs9.05 Billion | PKRs30.42 Million | 0.003x | -99.63% |
| 2021-06-30 | PKRs11.08 Billion | PKRs9.99 Billion | 0.902x | +19.43% |
| 2020-06-30 | PKRs5.64 Billion | PKRs4.25 Billion | 0.755x | +350.03% |
| 2019-06-30 | PKRs6.73 Billion | PKRs-2.03 Billion | -0.302x | -156.30% |
| 2018-06-30 | PKRs8.05 Billion | PKRs4.32 Billion | 0.536x | -52.78% |
| 2017-06-30 | PKRs8.01 Billion | PKRs9.10 Billion | 1.136x | +55.69% |
| 2016-06-30 | PKRs6.00 Billion | PKRs4.37 Billion | 0.729x | -- |