Akshar Spintex Limited Cash Flow Conversion Efficiency
Akshar Spintex Limited cash flow conversion efficiency. 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 (Rs11.54 Million ≈ $124.83K USD) by net assets (Rs425.29 Million ≈ $4.60 Million 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 Akshar Spintex Limited (2014–2025)
Cash flow conversion efficiency of Akshar Spintex Limited from 2014 to 2025. This chart illustrates how Akshar Spintex Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. View AKSHAR live share price for real-time trading data and today's change.
Akshar Spintex Limited Cash Flow Conversion Ratio Explained
Akshar Spintex Limited 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.
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. Also see AKSHAR market cap overview for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Lupatech S.A
SA:LUPA3
|
-0.220x |
|
Nocera Inc
NASDAQ:NCRA
|
-0.106x |
|
ABX Group Ltd
AU:ABX
|
-0.145x |
|
XP Chemistries AB
ST:XPC
|
-0.113x |
|
StageZero Life Sciences Ltd
TO:SZLS
|
0.013x |
|
Pensionbee Group PLC
LSE:PBEE
|
-0.027x |
|
Acdc Metals Ltd
AU:ADC
|
10.897x |
|
Iron Road Ltd
AU:IRD
|
-0.021x |
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. Review AKSHAR free cash flow generation 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 |
|---|---|---|---|---|
| 2025-03-31 | Rs882.12 Million ≈ $9.54 Million |
Rs-295.72 Million ≈ $-3.20 Million |
-0.335x | -408.33% |
| 2024-03-31 | Rs438.83 Million ≈ $4.75 Million |
Rs47.71 Million ≈ $516.00K |
0.109x | -55.08% |
| 2023-03-31 | Rs406.42 Million ≈ $4.40 Million |
Rs98.36 Million ≈ $1.06 Million |
0.242x | +447.15% |
| 2022-03-31 | Rs432.34 Million ≈ $4.68 Million |
Rs19.12 Million ≈ $206.82K |
0.044x | -73.90% |
| 2021-03-31 | Rs362.57 Million ≈ $3.92 Million |
Rs61.44 Million ≈ $664.44K |
0.169x | -23.83% |
| 2020-03-31 | Rs350.14 Million ≈ $3.79 Million |
Rs77.90 Million ≈ $842.45K |
0.222x | +6.20% |
| 2019-03-31 | Rs407.46 Million ≈ $4.41 Million |
Rs85.35 Million ≈ $923.08K |
0.209x | +0.65% |
| 2018-03-31 | Rs345.07 Million ≈ $3.73 Million |
Rs71.82 Million ≈ $776.67K |
0.208x | +13.54% |
| 2017-03-31 | Rs315.43 Million ≈ $3.41 Million |
Rs57.82 Million ≈ $625.28K |
0.183x | -37.43% |
| 2016-03-31 | Rs261.57 Million ≈ $2.83 Million |
Rs76.63 Million ≈ $828.69K |
0.293x | -1.54% |
| 2015-03-31 | Rs194.97 Million ≈ $2.11 Million |
Rs58.01 Million ≈ $627.39K |
0.298x | +109.39% |
| 2014-03-31 | Rs25.10 Million ≈ $271.45K |
Rs-79.56 Million ≈ $-860.45K |
-3.170x | -- |
About 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