ACME Solar Holdings Limited (ACMESOLAR) - Cash Flow Conversion Efficiency
Based on the latest financial reports, ACME Solar Holdings Limited (ACMESOLAR) has a cash flow conversion efficiency ratio of 0.368x as of September 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 (Rs7.21 Billion ≈ $77.93 Million USD) by net assets (Rs19.58 Billion ≈ $211.70 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See ACME Solar Holdings Limited (ACMESOLAR) balance sheet quality index to measure how much of total assets are equity-financed.
ACME Solar Holdings Limited - Cash Flow Conversion Efficiency Trend (2016–2025)
This chart illustrates how ACME Solar Holdings Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check ACME Solar Holdings Limited cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
ACME Solar Holdings Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of ACME Solar Holdings Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Chongqing Zongshen Power Machinery Co Ltd
SHE:001696
|
0.021x |
|
Zhongshan Public Utilities Group Co Ltd
SHE:000685
|
0.019x |
|
Anhui Heli Co Ltd
SHG:600761
|
0.035x |
|
Kalpataru Projects International Ltd.
NSE:KPIL
|
-0.053x |
|
Kalmar
HE:KALMAR
|
0.077x |
|
Verallia
PA:VRLA
|
0.250x |
|
Pacific Premier Bancorp Inc
NASDAQ:PPBI
|
0.019x |
|
CESC Limited
NSE:CESC
|
0.120x |
Annual Cash Flow Conversion Efficiency for ACME Solar Holdings Limited (2016–2025)
The table below shows the annual cash flow conversion efficiency of ACME Solar Holdings Limited from 2016 to 2025. For the full company profile with market capitalisation and key ratios, see ACME Solar Holdings Limited (ACMESOLAR) market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-03-31 | Rs45.09 Billion ≈ $487.66 Million |
Rs15.43 Billion ≈ $166.87 Million |
0.342x | -38.18% |
| 2024-03-31 | Rs25.91 Billion ≈ $280.19 Million |
Rs14.34 Billion ≈ $155.10 Million |
0.554x | -15.42% |
| 2023-03-31 | Rs19.30 Billion ≈ $208.77 Million |
Rs12.63 Billion ≈ $136.64 Million |
0.654x | +37.70% |
| 2022-03-31 | Rs20.09 Billion ≈ $217.28 Million |
Rs9.55 Billion ≈ $103.28 Million |
0.475x | -49.43% |
| 2021-03-31 | Rs18.57 Billion ≈ $200.88 Million |
Rs17.46 Billion ≈ $188.82 Million |
0.940x | +49.23% |
| 2020-03-31 | Rs6.00 Billion ≈ $64.87 Million |
Rs3.78 Billion ≈ $40.86 Million |
0.630x | +30.23% |
| 2019-03-31 | Rs5.85 Billion ≈ $63.26 Million |
Rs2.83 Billion ≈ $30.60 Million |
0.484x | -92.60% |
| 2017-03-31 | Rs592.03 Million ≈ $6.40 Million |
Rs3.87 Billion ≈ $41.83 Million |
6.533x | +2380.74% |
| 2016-03-31 | Rs1.64 Billion ≈ $17.70 Million |
Rs430.97 Million ≈ $4.66 Million |
0.263x | -- |
About ACME Solar Holdings Limited
ACME Solar Holdings Limited, a solar independent power producing company, engages in developing, building, owning, operating, and maintaining utility scale grid connected solar power projects in India. The company owns and operates solar energy projects with installed capacity of 2540 MW; and develops and constructs solar energy projects with capacity of 3780 MW. It is also involved in the wind p… Read more