Axita Cotton Limited (AXITA) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Axita Cotton Limited (AXITA) has a cash flow conversion efficiency ratio of 0.010x 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 (Rs6.05 Million ≈ $65.41K USD) by net assets (Rs582.36 Million ≈ $6.30 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 AXITA equity to assets ratio to measure how much of total assets are equity-financed.
Axita Cotton Limited - Cash Flow Conversion Efficiency Trend (2014–2026)
This chart illustrates how Axita Cotton Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check AXITA cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Axita Cotton Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Axita Cotton Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Vulcan Minerals Inc.
V:VUL
|
-0.003x |
|
Trajectory Alpha Acquisition Corp
NYSE:TCOA
|
-0.004x |
|
Promise Technology Inc
TW:3057
|
-0.066x |
|
Mishorim Real Estate Investments
TA:MSHR
|
0.014x |
|
Shinfox Energy Co Ltd
TW:6806
|
0.649x |
|
Griñó Ecologic S.A
MC:GRI
|
0.001x |
|
Aquirian Ltd
AU:AQN
|
0.062x |
|
Taya Inv-L
TA:TAYA
|
-0.004x |
Annual Cash Flow Conversion Efficiency for Axita Cotton Limited (2014–2026)
The table below shows the annual cash flow conversion efficiency of Axita Cotton Limited from 2014 to 2026. For the full company profile with market capitalisation and key ratios, see market cap of Axita Cotton Limited.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2026-03-31 | Rs649.12 Million ≈ $7.02 Million |
Rs-5.27 Million ≈ $-56.97K |
-0.008x | -101.13% |
| 2025-03-31 | Rs624.92 Million ≈ $6.76 Million |
Rs448.11 Million ≈ $4.85 Million |
0.717x | +450.66% |
| 2024-03-31 | Rs645.64 Million ≈ $6.98 Million |
Rs-132.03 Million ≈ $-1.43 Million |
-0.204x | -247.60% |
| 2023-03-31 | Rs523.70 Million ≈ $5.66 Million |
Rs72.56 Million ≈ $784.65K |
0.139x | -46.47% |
| 2022-03-31 | Rs362.65 Million ≈ $3.92 Million |
Rs93.87 Million ≈ $1.02 Million |
0.259x | +47.66% |
| 2021-03-31 | Rs218.20 Million ≈ $2.36 Million |
Rs38.25 Million ≈ $413.64K |
0.175x | -46.17% |
| 2020-03-31 | Rs180.86 Million ≈ $1.96 Million |
Rs58.90 Million ≈ $636.97K |
0.326x | +151.81% |
| 2019-03-31 | Rs178.00 Million ≈ $1.93 Million |
Rs-111.89 Million ≈ $-1.21 Million |
-0.629x | -568.25% |
| 2018-03-31 | Rs38.36 Million ≈ $414.83K |
Rs5.15 Million ≈ $55.69K |
0.134x | +114.57% |
| 2017-03-31 | Rs24.25 Million ≈ $262.27K |
Rs-22.34 Million ≈ $-241.60K |
-0.921x | -21140.73% |
| 2016-03-31 | Rs23.98 Million ≈ $259.33K |
Rs-104.00K ≈ $-1.12K |
-0.004x | -100.26% |
| 2015-03-31 | Rs22.73 Million ≈ $245.86K |
Rs38.31 Million ≈ $414.29K |
1.685x | +326.99% |
| 2014-03-31 | Rs25.59 Million ≈ $276.69K |
Rs-18.99 Million ≈ $-205.40K |
-0.742x | -- |
About Axita Cotton Limited
Axita Cotton Limited engages in manufacturing, processing, finishing, and trading of cotton bales, yarns, seeds, and agri commodities in India. The company also engages in ginning and pressing of seed cotton on job work basis. It serves traders, manufacturers, and merchant exporters. In addition, the company exports its products. The company was founded in 2007 and is based in Ahmedabad, India.