Ankit Metal & Power Limited (ANKITMETAL) - Cash Flow Conversion Efficiency

Latest 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 (Rs187.26 Million ≈ $2.03 Million USD) by net assets (Rs-10.32 Billion ≈ $-111.63 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 Ankit Metal & Power Limited liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

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.

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
Octava Minerals Ltd AU:OCT	-0.115x
Vast Renewables Limited Ordinary Shares NASDAQ:VSTE	0.148x
Quhuo Ltd NASDAQ:QH	-0.059x
Redcentric LSE:RCN	0.133x
Kestrel Gold Inc V:KGC	-0.032x
R&R Real Estate Investment Trust V:RRR-UN	-0.038x
Discovery Alaska Ltd AU:DAF	-0.122x
Silver Castle Holdings Ltd TA:SLCL	0.557x

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. For the full company profile with market capitalisation and key ratios, see ANKITMETAL market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2023-03-31	Rs-8.83 Billion ≈ $-95.45 Million	Rs539.72 Million ≈ $5.84 Million	-0.061x	+20.11%
2022-03-31	Rs-7.85 Billion ≈ $-84.91 Million	Rs601.01 Million ≈ $6.50 Million	-0.077x	+55.42%
2021-03-31	Rs-7.34 Billion ≈ $-79.40 Million	Rs1.26 Billion ≈ $13.63 Million	-0.172x	+46.61%
2020-03-31	Rs-6.59 Billion ≈ $-71.24 Million	Rs2.12 Billion ≈ $22.91 Million	-0.322x	-34.97%
2019-03-31	Rs-5.83 Billion ≈ $-63.04 Million	Rs1.39 Billion ≈ $15.02 Million	-0.238x	-8.24%
2018-03-31	Rs-4.91 Billion ≈ $-53.06 Million	Rs1.08 Billion ≈ $11.68 Million	-0.220x	+19.03%
2017-03-31	Rs-3.09 Billion ≈ $-33.45 Million	Rs840.98 Million ≈ $9.09 Million	-0.272x	+94.00%
2016-03-31	Rs-100.86 Million ≈ $-1.09 Million	Rs457.42 Million ≈ $4.95 Million	-4.535x	-449.88%
2015-03-31	Rs3.09 Billion ≈ $33.42 Million	Rs-2.55 Billion ≈ $-27.56 Million	-0.825x	-774.90%
2014-03-31	Rs5.03 Billion ≈ $54.36 Million	Rs614.26 Million ≈ $6.64 Million	0.122x	+36.00%
2013-03-31	Rs4.99 Billion ≈ $53.98 Million	Rs448.55 Million ≈ $4.85 Million	0.090x	+55.67%
2012-03-31	Rs4.48 Billion ≈ $48.45 Million	Rs258.59 Million ≈ $2.80 Million	0.058x	+166.97%
2011-03-31	Rs2.76 Billion ≈ $29.81 Million	Rs-237.59 Million ≈ $-2.57 Million	-0.086x	-171.04%
2010-03-31	Rs1.41 Billion ≈ $15.21 Million	Rs170.64 Million ≈ $1.85 Million	0.121x	+35.91%
2009-03-31	Rs1.20 Billion ≈ $12.95 Million	Rs106.92 Million ≈ $1.16 Million	0.089x	-40.91%
2008-03-31	Rs1.13 Billion ≈ $12.26 Million	Rs171.23 Million ≈ $1.85 Million	0.151x	+81.03%
2007-03-31	Rs525.12 Million ≈ $5.68 Million	Rs43.83 Million ≈ $473.96K	0.083x	--

About Ankit Metal & Power Limited

NSE:ANKITMETAL India Steel

Market Cap

$2.37 Million

Rs218.72 Million INR

Market Cap Rank

#29776 Global

#1660 in India

Share Price

Rs1.55

Change (1 day)

+1.31%

52-Week Range

Rs1.29 - Rs2.11

All Time High

Rs20.75