Ankit Metal & Power Limited
Ankit Metal & Power Limited manufactures and sells iron and steel products in India. The company offers sponge iron, M.S. billets, TMT bars, pig iron, silico manganese, power, ferro silicon, wire Rods, and rolled products. It serves real estate developers, construction units, forging units, wire drawing units, railways, and engineering industries. The company was incorporated in 2002 and is based… Read more
Ankit Metal & Power Limited (ANKITMETAL) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2023: -0.018x
Based on the latest financial reports, Ankit Metal & Power Limited (ANKITMETAL) has a cash flow conversion efficiency ratio of -0.018x 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 (₹187.26 Million) by net assets (₹-10.32 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Ankit Metal & Power Limited - Cash Flow Conversion Efficiency Trend (2007–2023)
This chart illustrates how Ankit Metal & Power 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.
Ankit Metal & Power Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Ankit Metal & Power Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
ALPHAHELIX MOL.DIAGN. SK1
F:4MB
|
N/A |
|
Mentor Capital Inc.
OTCQB:MNTR
|
-0.024x |
|
Alligator Bioscience AB
ST:ATORX
|
-3.791x |
|
MICRODATA
BC:MICRODATA
|
N/A |
|
Hubilu Venture Corporation
PINK:HBUV
|
-0.072x |
|
Mining Global Inc
PINK:MNGG
|
0.796x |
|
Benz Mining Corp
PINK:BENZF
|
-0.135x |
|
KORE Mining Ltd
PINK:KOREF
|
0.029x |
Annual Cash Flow Conversion Efficiency for Ankit Metal & Power Limited (2007–2023)
The table below shows the annual cash flow conversion efficiency of Ankit Metal & Power Limited from 2007 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-03-31 | ₹-8.83 Billion | ₹539.72 Million | -0.061x | +20.11% |
| 2022-03-31 | ₹-7.85 Billion | ₹601.01 Million | -0.077x | +55.42% |
| 2021-03-31 | ₹-7.34 Billion | ₹1.26 Billion | -0.172x | +46.61% |
| 2020-03-31 | ₹-6.59 Billion | ₹2.12 Billion | -0.322x | -34.97% |
| 2019-03-31 | ₹-5.83 Billion | ₹1.39 Billion | -0.238x | -8.24% |
| 2018-03-31 | ₹-4.91 Billion | ₹1.08 Billion | -0.220x | +19.03% |
| 2017-03-31 | ₹-3.09 Billion | ₹840.98 Million | -0.272x | +94.00% |
| 2016-03-31 | ₹-100.86 Million | ₹457.42 Million | -4.535x | -449.88% |
| 2015-03-31 | ₹3.09 Billion | ₹-2.55 Billion | -0.825x | -774.90% |
| 2014-03-31 | ₹5.03 Billion | ₹614.26 Million | 0.122x | +36.00% |
| 2013-03-31 | ₹4.99 Billion | ₹448.55 Million | 0.090x | +55.67% |
| 2012-03-31 | ₹4.48 Billion | ₹258.59 Million | 0.058x | +166.97% |
| 2011-03-31 | ₹2.76 Billion | ₹-237.59 Million | -0.086x | -171.04% |
| 2010-03-31 | ₹1.41 Billion | ₹170.64 Million | 0.121x | +35.91% |
| 2009-03-31 | ₹1.20 Billion | ₹106.92 Million | 0.089x | -40.91% |
| 2008-03-31 | ₹1.13 Billion | ₹171.23 Million | 0.151x | +81.03% |
| 2007-03-31 | ₹525.12 Million | ₹43.83 Million | 0.083x | -- |