City Of London Investment Trust (CTY) - Cash Flow Conversion Efficiency
Based on the latest financial reports, City Of London Investment Trust (CTY) has a cash flow conversion efficiency ratio of 0.009x as of September 2015. 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 (GBX10.54 Million ≈ $1.28K USD) by net assets (GBX1.23 Billion ≈ $149.94K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See debt-free asset ratio of City Of London Investment Trust to measure how much of total assets are equity-financed.
City Of London Investment Trust - Cash Flow Conversion Efficiency Trend (2011–2015)
This chart illustrates how City Of London Investment Trust's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is City Of London Investment Trust's earnings quality to evaluate the quality of earnings relative to operating cash generation.
City Of London Investment Trust Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of City Of London Investment Trust ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Green Cross Medical Science Corporation
KQ:142280
|
-0.003x |
|
Choice Development Inc
TW:9929
|
0.058x |
|
Kishin Corporation
KO:092440
|
0.004x |
|
Central Petroleum Ltd
AU:CTP
|
0.120x |
|
AS Ekspress Grupp
F:DYC
|
-0.002x |
|
Taihan Precision Technology Co Ltd
TWO:1336
|
0.055x |
|
Shemaroo Entertainment Limited
NSE:SHEMAROO
|
0.120x |
|
Heritage Global Inc
NASDAQ:HGBL
|
-0.032x |
Annual Cash Flow Conversion Efficiency for City Of London Investment Trust (2011–2015)
The table below shows the annual cash flow conversion efficiency of City Of London Investment Trust from 2011 to 2015. For the full company profile with market capitalisation and key ratios, see CTY company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2015-06-30 | GBX1.19 Billion ≈ $144.61K |
GBX42.15 Million ≈ $5.13K |
0.035x | +3.60% |
| 2014-06-30 | GBX1.08 Billion ≈ $130.83K |
GBX36.81 Million ≈ $4.48K |
0.034x | -3.18% |
| 2013-06-30 | GBX886.40 Million ≈ $107.85K |
GBX31.34 Million ≈ $3.81K |
0.035x | -9.02% |
| 2012-06-30 | GBX699.55 Million ≈ $85.11K |
GBX27.18 Million ≈ $3.31K |
0.039x | +10.43% |
| 2011-06-30 | GBX674.48 Million ≈ $82.06K |
GBX23.73 Million ≈ $2.89K |
0.035x | -- |
About City Of London Investment Trust
The City of London Investment Trust plc is a closed-ended equity mutual fund launched and managed by Henderson Investment Funds Limited. It is co-managed by Henderson Global Investors Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in dividend paying growth stoc… Read more