Akshar Spintex Limited
Akshar Spintex Limited engages in the spinning, manufacture, and sale of cotton yarns in India. The company offers natural cotton, organic and BCI certified cotton, viscose, modal, and excel fibres. It also produces carded, semi combed, and combed cotton yarns; and slub, core spun, TFO, eli twist, fancy, melange, blended, BCI certified, and organic yarns. Akshar Spintex Limited was incorporated i… Read more
Akshar Spintex Limited (AKSHAR) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2023: 0.027x
Based on the latest financial reports, Akshar Spintex Limited (AKSHAR) has a cash flow conversion efficiency ratio of 0.027x as of September 2023.
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 (₹11.54 Million) by net assets (₹425.29 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Akshar Spintex Limited - Cash Flow Conversion Efficiency Trend (2014–2025)
This chart illustrates how Akshar Spintex Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Akshar Spintex Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Akshar Spintex Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Malacca Trust Wuwungan Insurance PT
JK:MTWI
|
-0.112x |
|
Gaussin
PA:ALGAU
|
4.034x |
|
Adneo Ltd
AU:AD1
|
-0.278x |
|
Sri Havisha Hospitality and Infrastructure Limited
NSE:HAVISHA
|
-0.024x |
|
SIMFABRIC SA ZY-10
F:853
|
N/A |
|
Trinity Freehold & Leasehold PRP Fund
BK:TNPF
|
0.002x |
|
GTI Resources Limited
OTCQB:GTRIF
|
-0.017x |
|
HCA HLDGS
BE:2BH
|
4.472x |
Annual Cash Flow Conversion Efficiency for Akshar Spintex Limited (2014–2025)
The table below shows the annual cash flow conversion efficiency of Akshar Spintex Limited from 2014 to 2025.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-03-31 | ₹882.12 Million | ₹-295.72 Million | -0.335x | -408.33% |
| 2024-03-31 | ₹438.83 Million | ₹47.71 Million | 0.109x | -55.08% |
| 2023-03-31 | ₹406.42 Million | ₹98.36 Million | 0.242x | +447.15% |
| 2022-03-31 | ₹432.34 Million | ₹19.12 Million | 0.044x | -73.90% |
| 2021-03-31 | ₹362.57 Million | ₹61.44 Million | 0.169x | -23.83% |
| 2020-03-31 | ₹350.14 Million | ₹77.90 Million | 0.222x | +6.20% |
| 2019-03-31 | ₹407.46 Million | ₹85.35 Million | 0.209x | +0.65% |
| 2018-03-31 | ₹345.07 Million | ₹71.82 Million | 0.208x | +13.54% |
| 2017-03-31 | ₹315.43 Million | ₹57.82 Million | 0.183x | -37.43% |
| 2016-03-31 | ₹261.57 Million | ₹76.63 Million | 0.293x | -1.54% |
| 2015-03-31 | ₹194.97 Million | ₹58.01 Million | 0.298x | +109.39% |
| 2014-03-31 | ₹25.10 Million | ₹-79.56 Million | -3.170x | -- |