Caravelle International Group (HTCO) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Caravelle International Group (HTCO) has a cash flow conversion efficiency ratio of -0.150x as of October 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 ($-1.89 Million) by net assets ($12.60 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Caravelle International Group net asset quality index to measure how much of total assets are equity-financed.
Caravelle International Group - Cash Flow Conversion Efficiency Trend (2020–2025)
This chart illustrates how Caravelle International Group's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check HTCO cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
Caravelle International Group Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Caravelle International Group ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Morgan Sindall Group PLC
LSE:MGNS
|
0.296x |
|
Australian Gold and Copper Ltd
AU:AGC
|
-0.013x |
|
Resaas Services Inc
V:RSS
|
-0.022x |
|
QPM Energy Ltd
AU:QPM
|
-0.108x |
|
Fun Yours Technology Co Ltd
TWO:6482
|
0.043x |
|
Mogo Inc
TO:MOGO
|
0.039x |
|
Aarvi Encon Limited
NSE:AARVI
|
0.045x |
|
Veto Switchgears And Cables Limited
NSE:VETO
|
0.036x |
Annual Cash Flow Conversion Efficiency for Caravelle International Group (2020–2025)
The table below shows the annual cash flow conversion efficiency of Caravelle International Group from 2020 to 2025. For the full company profile with market capitalisation and key ratios, see Caravelle International Group market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-10-31 | $12.60 Million | $4.63 Million | 0.368x | +196.49% |
| 2024-10-31 | $8.74 Million | $-3.33 Million | -0.381x | -115.57% |
| 2023-10-31 | $-7.26 Million | $-17.77 Million | 2.447x | -25.98% |
| 2022-10-31 | $10.02 Million | $33.13 Million | 3.305x | +1662.37% |
| 2021-10-31 | $3.37 Million | $632.49K | 0.188x | +213.03% |
| 2020-10-31 | $-6.66 Million | $1.10 Million | -0.166x | -- |
About Caravelle International Group
High-Trend International Group provides ocean transportation services in Singapore, Dubai, South Korea, Japan, India, and rest of Asia. The company offers shipping and logistics support services. It also provides seaborne transportation services under voyage contracts; vessel services on behalf of ship owners; and heating services. The company was formerly known as Caravelle International Group a… Read more