Globe Textiles (India) Limited (GLOBE) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Globe Textiles (India) Limited (GLOBE) has a cash flow conversion efficiency ratio of -0.118x as of September 2024. 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 (Rs-134.65 Million ≈ $-1.46 Million USD) by net assets (Rs1.14 Billion ≈ $12.36 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 Globe Textiles (India) Limited net asset quality index to measure how much of total assets are equity-financed.
Globe Textiles (India) Limited - Cash Flow Conversion Efficiency Trend (2012–2025)
This chart illustrates how Globe Textiles (India) Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check GLOBE cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Globe Textiles (India) Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Globe Textiles (India) Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
In8bio Inc
NASDAQ:INAB
|
-0.217x |
|
Exicure Inc
NASDAQ:XCUR
|
-0.544x |
|
Rigsave S.P.A.
XETRA:H68
|
N/A |
|
GULLBERG+JANSSON AB
F:9D7
|
0.050x |
|
REC Silicon ASA
OL:RECSI
|
0.174x |
|
Reliance Home Finance Limited
NSE:RHFL
|
-0.095x |
|
Linkage Global Inc
NASDAQ:UZX
|
N/A |
|
SaveLend Group AB
ST:YIELD
|
0.019x |
Annual Cash Flow Conversion Efficiency for Globe Textiles (India) Limited (2012–2025)
The table below shows the annual cash flow conversion efficiency of Globe Textiles (India) Limited from 2012 to 2025. For the full company profile with market capitalisation and key ratios, see how much is Globe Textiles (India) Limited worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-03-31 | Rs1.46 Billion ≈ $15.78 Million |
Rs-175.03 Million ≈ $-1.89 Million |
-0.120x | -244.74% |
| 2024-03-31 | Rs1.04 Billion ≈ $11.23 Million |
Rs86.07 Million ≈ $930.84K |
0.083x | +711.07% |
| 2023-03-31 | Rs544.10 Million ≈ $5.88 Million |
Rs-7.38 Million ≈ $-79.81K |
-0.014x | +92.26% |
| 2022-03-31 | Rs497.39 Million ≈ $5.38 Million |
Rs-87.19 Million ≈ $-942.93K |
-0.175x | -3.20% |
| 2021-03-31 | Rs427.56 Million ≈ $4.62 Million |
Rs-72.63 Million ≈ $-785.42K |
-0.170x | -7037.67% |
| 2020-03-31 | Rs430.80 Million ≈ $4.66 Million |
Rs-1.03 Million ≈ $-11.09K |
-0.002x | -100.90% |
| 2019-03-31 | Rs386.38 Million ≈ $4.18 Million |
Rs101.85 Million ≈ $1.10 Million |
0.264x | +288.50% |
| 2018-03-31 | Rs348.99 Million ≈ $3.77 Million |
Rs-48.80 Million ≈ $-527.75K |
-0.140x | -122.27% |
| 2017-03-31 | Rs250.60 Million ≈ $2.71 Million |
Rs-15.77 Million ≈ $-170.50K |
-0.063x | +80.92% |
| 2016-03-31 | Rs216.72 Million ≈ $2.34 Million |
Rs-71.46 Million ≈ $-772.77K |
-0.330x | -172.60% |
| 2015-03-31 | Rs200.42 Million ≈ $2.17 Million |
Rs91.02 Million ≈ $984.39K |
0.454x | +178.13% |
| 2014-03-31 | Rs136.00 Million ≈ $1.47 Million |
Rs-79.05 Million ≈ $-854.88K |
-0.581x | +26.05% |
| 2013-03-31 | Rs91.99 Million ≈ $994.87K |
Rs-72.31 Million ≈ $-781.98K |
-0.786x | +46.60% |
| 2012-03-31 | Rs56.06 Million ≈ $606.25K |
Rs-82.52 Million ≈ $-892.43K |
-1.472x | -- |
About Globe Textiles (India) Limited
Globe Enterprises (India) Limited engages in the manufacture and sale of textile and apparel in India. It offers denim and non-denim fabrics; shirting fabrics, such as printed linens, suiting prints, and dyed shirting fabrics; printed fabrics, including polyester print fabrics, chadri voiles, sarongs, scarfs, polyester dyed fabrics, cotton prints, and cotton dyed fabrics; and jeans and shorts for… Read more