Ankit Metal & Power Limited Cash Flow Conversion Efficiency

Latest as of September 2023: -0.018x

Ankit Metal & Power Limited cash flow conversion efficiency. 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.

Cash Flow Conversion Efficiency of Ankit Metal & Power Limited (2007–2023)

Cash flow conversion efficiency of Ankit Metal & Power Limited from 2007 to 2023. This chart illustrates how Ankit Metal & Power Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Ankit Metal & Power Limited stock quote for real-time trading data and today's change.

Ankit Metal & Power Limited Cash Flow Conversion Ratio Explained

Ankit Metal & Power 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.

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. Also see Ankit Metal & Power Limited stock valuation for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
CHRISTINA LAKE CANNABIS F:CLB	0.102x
GRI Bio Inc. NASDAQ:GRI	-0.141x
Airtouch Solar Ltd TA:ARTS	-0.049x
Banzai International, Inc. NASDAQ:PARA	-0.316x
Guard Therapeutics International AB ST:GUARD	-1.630x
60 Degrees Pharmaceuticals, Inc. Common Stock NASDAQ:SXTP	-0.883x
Korea SE Corp KQ:101670	-0.024x
De La Rue PLC LSE:DLAR	2.021x

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. Review Ankit Metal & Power Limited (ANKITMETAL) free cash flow 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
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

$3.19 Million

Rs294.92 Million INR

Market Cap Rank

#29361 Global

#1629 in India

Share Price

Rs2.09

Change (1 day)

-1.88%

52-Week Range

Rs1.29 - Rs2.60

All Time High

Rs20.75