Dev Information Technology Limited (DEVIT) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Dev Information Technology Limited (DEVIT) has a cash flow conversion efficiency ratio of 0.054x as of September 2025. 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 (Rs70.05 Million ≈ $757.54K USD) by net assets (Rs1.29 Billion ≈ $13.96 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 DEVIT equity to assets ratio to measure how much of total assets are equity-financed.
Dev Information Technology Limited - Cash Flow Conversion Efficiency Trend (2012–2024)
This chart illustrates how Dev Information Technology Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check DEVIT cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Dev Information Technology Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Dev Information Technology Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Flow Capital Corp
V:FW
|
0.099x |
|
Alumindo Light Metal Industry
JK:ALMI
|
-0.016x |
|
Alton Sports Co.Ltd
KQ:123750
|
-0.165x |
|
Safestore Holdings Plc
LSE:SAFE
|
0.026x |
|
Burcon NutraScience Corporation
TO:BU
|
0.640x |
|
Hyterra Ltd
AU:HYT
|
-0.032x |
|
Innovative Rfk SpA
PA:MLIRF
|
-0.025x |
|
K Wave Media Ltd.
NASDAQ:KWM
|
-166.159x |
Annual Cash Flow Conversion Efficiency for Dev Information Technology Limited (2012–2024)
The table below shows the annual cash flow conversion efficiency of Dev Information Technology Limited from 2012 to 2024. For the full company profile with market capitalisation and key ratios, see Dev Information Technology Limited market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Rs687.63 Million ≈ $7.44 Million |
Rs-110.96 Million ≈ $-1.20 Million |
-0.161x | -1087.30% |
| 2023-12-31 | Rs582.83 Million ≈ $6.30 Million |
Rs-7.92 Million ≈ $-85.66K |
-0.014x | +65.68% |
| 2022-12-31 | Rs416.07 Million ≈ $4.50 Million |
Rs-16.48 Million ≈ $-178.17K |
-0.040x | -127.19% |
| 2021-12-31 | Rs327.79 Million ≈ $3.54 Million |
Rs47.73 Million ≈ $516.20K |
0.146x | -12.21% |
| 2020-12-31 | Rs340.79 Million ≈ $3.69 Million |
Rs56.52 Million ≈ $611.28K |
0.166x | +13.68% |
| 2019-12-31 | Rs335.31 Million ≈ $3.63 Million |
Rs48.92 Million ≈ $529.08K |
0.146x | -37.41% |
| 2018-12-31 | Rs301.56 Million ≈ $3.26 Million |
Rs70.29 Million ≈ $760.19K |
0.233x | +321.12% |
| 2017-12-31 | Rs261.49 Million ≈ $2.83 Million |
Rs-27.57 Million ≈ $-298.11K |
-0.105x | -120.00% |
| 2016-12-31 | Rs162.39 Million ≈ $1.76 Million |
Rs85.58 Million ≈ $925.54K |
0.527x | +143.09% |
| 2015-12-31 | Rs109.11 Million ≈ $1.18 Million |
Rs23.66 Million ≈ $255.83K |
0.217x | +162.94% |
| 2014-12-31 | Rs90.00 Million ≈ $973.36K |
Rs7.42 Million ≈ $80.26K |
0.082x | -75.07% |
| 2013-12-31 | Rs78.78 Million ≈ $851.92K |
Rs26.05 Million ≈ $281.77K |
0.331x | +3679.95% |
| 2012-12-31 | Rs68.62 Million ≈ $742.12K |
Rs-634.00K ≈ $-6.86K |
-0.009x | -- |
About Dev Information Technology Limited
Dev Information Technology Limited provides information technology enabled services in India, Europe, and internationally. The company offers cloud services, including cloud advisory, cloud application modernization, managed cloud, enterprise devOps, and backup and recovery services; and managed IT services, such as managed digital workplace and data center support services, as well as applicatio… Read more