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

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. Explore Ankit Metal & Power Limited (ANKITMETAL) cash flow quality to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Siti Networks Limited NSE:SITINET	-0.072x
Pheton Holdings Ltd Class A Ordinary Shares NASDAQ:PTHL	-0.599x
Oculus VisionTech Inc V:OVT	-0.001x
Tarapur Transformers Limited NSE:TARAPUR	-0.155x
IBKS No3 SPAC KQ:225430	-0.003x
International Prospect Ventures Ltd V:IZZ	-0.357x
QMC Quantum Minerals Corp V:QMC	0.001x
Greenwave Technology Solutions Inc. Common Stock NASDAQ:GWAV	-0.017x

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. View ANKITMETAL stock price and chart for real-time trading data and today's change.

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

$2.64 Million

Rs244.12 Million INR

Market Cap Rank

#29749 Global

#1657 in India

Share Price

Rs1.73

Change (1 day)

+1.76%

52-Week Range

Rs1.29 - Rs2.11

All Time High

Rs20.75