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.

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. Read Ankit Metal & Power Limited (ANKITMETAL) financial obligations for a breakdown of total debt and financial obligations.

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
Silver Valley Metals Corp V:SILV	-0.021x
HELIUM ONE GLOBAL LTD. F:9K3	N/A
Palatin Technologies Inc NYSE MKT:PTN	0.838x
Powell Max Limited Class A Ordinary Shares NASDAQ:PMAX	-0.076x
SU Group Holdings Limited Ordinary Shares NASDAQ:SUGP	-0.055x
Vertu Motors Plc LSE:VTU	0.044x
GENERIC GOLD CORP. F:1WD	N/A
Blackrock Energy and Resources Income Trust PLC LSE:BERI	0.014x

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

$2.44 Million

Rs225.78 Million INR

Market Cap Rank

#29469 Global

#1656 in India

Share Price

Rs1.60

Change (1 day)

-3.03%

52-Week Range

Rs1.29 - Rs2.46

All Time High

Rs20.75