Globe Textiles (India) Limited (GLOBE) - Cash Flow Conversion Efficiency

Latest as of September 2024: -0.118x

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. Also see market value of Globe Textiles (India) Limited for the company's overall valuation and market capitalisation.

Globe Textiles (India) Limited - Cash Flow Conversion Efficiency Trend (2012–2026)

This chart illustrates how Globe Textiles (India) Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data.

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. Explore Globe Textiles (India) Limited earnings quality ratio to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Vantage Corp NYSE MKT:VNTG	0.077x
AlphaTON Capital Corp. NASDAQ:ATON	-0.080x
Major Development Public Company Limited BK:MJD	0.209x
Baillie Gifford Japan Trust LSE:BGFD	0.003x
STO Co. Ltd KQ:098660	0.024x
TG-17, Inc. Common Stock NASDAQ:OBAI	0.293x
Hindusthan National Glass & Industries Limited NSE:HINDNATGLS	-0.211x
Cipta Selera Murni Pt JK:CSMI	-0.068x

Annual Cash Flow Conversion Efficiency for Globe Textiles (India) Limited (2012–2026)

The table below shows the annual cash flow conversion efficiency of Globe Textiles (India) Limited from 2012 to 2026. View Globe Textiles (India) Limited share price for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2026-03-31	Rs1.46 Billion ≈ $15.80 Million	Rs-213.71 Million ≈ $-2.31 Million	-0.146x	-21.96%
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

NSE:GLOBE India Textile Manufacturing

Market Cap

$8.57 Million

Rs792.74 Million INR

Market Cap Rank

#27533 Global

#1532 in India

Share Price

Rs1.76

Change (1 day)

-2.76%

52-Week Range

Rs1.76 - Rs3.15

All Time High

Rs70.90