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 balance sheet quality to measure how much of total assets are equity-financed.

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. Check Ankit Metal & Power Limited (ANKITMETAL) cash flow quality to evaluate the quality of earnings relative to operating cash generation.

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
John Wood Group PLC LSE:WG	-0.763x
Scout Security Ltd AU:SCT	-0.203x
PolyPlank publ AB ST:POLY	0.323x
Kridhan Infra Limited NSE:KRIDHANINF	-0.004x
CAB Payments Holdings Ltd LSE:CABP	-0.303x
CL8 Holdings Ltd AU:CL8	0.158x
Celtic PLC LSE:CCP	-0.038x
NuGen Medical Devices Inc V:NGMD	0.072x

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 overview.

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

$2.47 Million

Rs228.60 Million INR

Market Cap Rank

#29739 Global

#1656 in India

Share Price

Rs1.62

Change (1 day)

+3.85%

52-Week Range

Rs1.29 - Rs2.11

All Time High

Rs20.75