Harmony Energy Income Trust PLC Cash Flow Conversion Efficiency
Harmony Energy Income Trust PLC cash flow conversion efficiency. Based on the latest financial reports, Harmony Energy Income Trust PLC (HEIT) has a cash flow conversion efficiency ratio of 0.003x as of April 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 (GBX600.12K ≈ $73.02 USD) by net assets (GBX218.53 Million ≈ $26.59K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Harmony Energy Income Trust PLC (2022–2024)
Cash flow conversion efficiency of Harmony Energy Income Trust PLC from 2022 to 2024. This chart illustrates how Harmony Energy Income Trust PLC's cash flow conversion efficiency has evolved over time, based on yearly financial data. View current stock price of Harmony Energy Income Trust PLC for real-time trading data and today's change.
Harmony Energy Income Trust PLC Cash Flow Conversion Ratio Explained
Harmony Energy Income Trust PLC cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Harmony Energy Income Trust PLC Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Harmony Energy Income Trust PLC ranked by their cash flow conversion efficiency. Also see market value of Harmony Energy Income Trust PLC for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Philipp Holzmann AG
DU:HOZ
|
N/A |
|
Trafalgar New Homes Plc
LSE:TRAF
|
-0.117x |
|
Proteome Sciences PLC
LSE:PRM
|
-0.089x |
|
Bumrungrad Hospital Public Company Limited
F:BZ7A
|
0.035x |
|
Bisichi Mining PLC
LSE:BISI
|
0.027x |
|
MOLECULE HOLDINGS
F:ERV2
|
N/A |
|
ENVIROMETAL TECHN. O.N.
F:7N20
|
0.003x |
|
Trakm8 Holdings PLC
LSE:TRAK
|
-0.013x |
Annual Cash Flow Conversion Efficiency for Harmony Energy Income Trust PLC (2022–2024)
The table below shows the annual cash flow conversion efficiency of Harmony Energy Income Trust PLC from 2022 to 2024. Review Harmony Energy Income Trust PLC (HEIT) FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-10-31 | GBX201.05 Million ≈ $24.46K |
GBX-3.08 Million ≈ $-374.30 |
-0.015x | +13.23% |
| 2023-10-31 | GBX262.11 Million ≈ $31.89K |
GBX-4.62 Million ≈ $-562.41 |
-0.018x | -4.00% |
| 2022-10-31 | GBX253.16 Million ≈ $30.80K |
GBX-4.29 Million ≈ $-522.31 |
-0.017x | -- |
About Harmony Energy Income Trust PLC
Harmony Energy Income Trust Plc, an investment company, focuses on investing in commercial scale battery energy storage and renewable energy generation projects located across Great Britain. The company was incorporated in 2021 and is based in London, the United Kingdom.