Herald Investment Trust (HRI) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.001x

Based on the latest financial reports, Herald Investment Trust (HRI) has a cash flow conversion efficiency ratio of 0.001x as of December 2025. 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 (GBX806.00K ≈ $98.07 USD) by net assets (GBX1.29 Billion ≈ $157.25K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See HRI net asset quality index to measure how much of total assets are equity-financed.

Herald Investment Trust - Cash Flow Conversion Efficiency Trend (2011–2025)

This chart illustrates how Herald Investment Trust's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check earnings quality score of Herald Investment Trust to evaluate the quality of earnings relative to operating cash generation.

Herald Investment Trust Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Herald Investment Trust ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Fitzroy River Corporation Ltd AU:FZR	0.062x
Lead Real Estate Co., Ltd American Depositary Shares NASDAQ:LRE	94.590x
Polylite Taiwan Co Ltd TWO:1813	0.109x
Century Extrusions Limited NSE:CENTEXT	0.095x
Algorae Pharmaceuticals Ltd AU:1AI	-0.327x
Minbos Resources Ltd AU:MNB	-0.118x
Lee Swee Kiat Group Bhd KLSE:8079	-0.004x
Werewolf Therapeutics Inc NASDAQ:HOWL	-0.868x

Annual Cash Flow Conversion Efficiency for Herald Investment Trust (2011–2025)

The table below shows the annual cash flow conversion efficiency of Herald Investment Trust from 2011 to 2025. For the full company profile with market capitalisation and key ratios, see market value of Herald Investment Trust.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	GBX1.29 Billion ≈ $157.25K	GBX704.00K ≈ $85.66	0.001x	-99.36%
2024-12-31	GBX1.25 Billion ≈ $152.41K	GBX107.25 Million ≈ $13.05K	0.086x	+51.14%
2023-12-31	GBX1.25 Billion ≈ $151.57K	GBX70.57 Million ≈ $8.59K	0.057x	+42.04%
2022-12-31	GBX1.31 Billion ≈ $158.79K	GBX52.05 Million ≈ $6.33K	0.040x	+192.12%
2021-12-31	GBX1.76 Billion ≈ $214.25K	GBX24.04 Million ≈ $2.93K	0.014x	+69.04%
2020-12-31	GBX1.50 Billion ≈ $182.92K	GBX12.14 Million ≈ $1.48K	0.008x	-79.20%
2019-12-31	GBX1.12 Billion ≈ $136.62K	GBX43.59 Million ≈ $5.30K	0.039x	-17.16%
2018-12-31	GBX901.15 Million ≈ $109.64K	GBX42.23 Million ≈ $5.14K	0.047x	+187.64%
2017-12-31	GBX967.62 Million ≈ $117.73K	GBX15.77 Million ≈ $1.92K	0.016x	-74.48%
2016-12-31	GBX791.41 Million ≈ $96.29K	GBX50.52 Million ≈ $6.15K	0.064x	-12.88%
2015-12-31	GBX671.14 Million ≈ $81.66K	GBX49.18 Million ≈ $5.98K	0.073x	+578.60%
2014-12-31	GBX628.92 Million ≈ $76.52K	GBX-9.63 Million ≈ $-1.17K	-0.015x	-2311.02%
2013-12-31	GBX623.60 Million ≈ $75.87K	GBX-396.00K ≈ $-48.18	-0.001x	-160.37%
2012-12-31	GBX501.95 Million ≈ $61.07K	GBX528.00K ≈ $64.24	0.001x	-22.77%
2011-12-31	GBX449.30 Million ≈ $54.67K	GBX612.00K ≈ $74.46	0.001x	--

About Herald Investment Trust

LSE:HRI UK Asset Management

Market Cap

$17.18 Million

GBX141.18 Billion GBX

Market Cap Rank

#25544 Global

#276 in UK

Share Price

GBX2950.00

Change (1 day)

+0.00%

52-Week Range

GBX2305.00 - GBX3260.00

All Time High

GBX3260.00