Happiest Minds Technologies Limited (HAPPSTMNDS) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Happiest Minds Technologies Limited (HAPPSTMNDS) has a cash flow conversion efficiency ratio of 0.021x as of December 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 (Rs296.20 Million ≈ $3.20 Million USD) by net assets (Rs14.15 Billion ≈ $152.99 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 Happiest Minds Technologies Limited (HAPPSTMNDS) balance sheet quality index to measure how much of total assets are equity-financed.
Happiest Minds Technologies Limited - Cash Flow Conversion Efficiency Trend (2013–2025)
This chart illustrates how Happiest Minds Technologies Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check HAPPSTMNDS cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Happiest Minds Technologies Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Happiest Minds Technologies Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Ceepower Co Ltd
SHE:300062
|
0.027x |
|
Shandong Longhua New Material Co. Ltd.
SHE:301149
|
0.012x |
|
Klaveness Combination Carriers ASA
OL:KCC
|
0.058x |
|
AMN Healthcare Services Inc
NYSE:AMN
|
0.035x |
|
Lao Feng Xiang Co Ltd B
SHG:900905
|
0.148x |
|
CTO Realty Growth Inc
NYSE:CTO
|
0.046x |
|
Chengdu Xinzhu Road&Bridge Machinery Co Ltd
SHE:002480
|
0.087x |
|
Performant Healthcare, Inc
NASDAQ:PHLT
|
0.005x |
Annual Cash Flow Conversion Efficiency for Happiest Minds Technologies Limited (2013–2025)
The table below shows the annual cash flow conversion efficiency of Happiest Minds Technologies Limited from 2013 to 2025. For the full company profile with market capitalisation and key ratios, see market value of Happiest Minds Technologies Limited.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-03-31 | Rs15.75 Billion ≈ $170.28 Million |
Rs2.36 Billion ≈ $25.57 Million |
0.150x | +4.56% |
| 2024-03-31 | Rs14.80 Billion ≈ $160.08 Million |
Rs2.13 Billion ≈ $22.99 Million |
0.144x | -41.86% |
| 2023-03-31 | Rs8.39 Billion ≈ $90.72 Million |
Rs2.07 Billion ≈ $22.40 Million |
0.247x | -2.19% |
| 2022-03-31 | Rs6.66 Billion ≈ $72.00 Million |
Rs1.68 Billion ≈ $18.18 Million |
0.253x | -3.70% |
| 2021-03-31 | Rs5.46 Billion ≈ $59.05 Million |
Rs1.43 Billion ≈ $15.48 Million |
0.262x | -38.01% |
| 2020-03-31 | Rs2.65 Billion ≈ $28.69 Million |
Rs1.12 Billion ≈ $12.14 Million |
0.423x | +148.49% |
| 2019-03-31 | Rs-660.50 Million ≈ $-7.14 Million |
Rs576.20 Million ≈ $6.23 Million |
-0.872x | -818.60% |
| 2018-03-31 | Rs-1.09 Billion ≈ $-11.77 Million |
Rs103.40 Million ≈ $1.12 Million |
-0.095x | -69.90% |
| 2017-03-31 | Rs2.04 Billion ≈ $22.06 Million |
Rs-114.00 Million ≈ $-1.23 Million |
-0.056x | +46.85% |
| 2016-03-31 | Rs1.26 Billion ≈ $13.60 Million |
Rs-132.30 Million ≈ $-1.43 Million |
-0.105x | +59.89% |
| 2015-03-31 | Rs1.19 Billion ≈ $12.84 Million |
Rs-311.28 Million ≈ $-3.37 Million |
-0.262x | +71.02% |
| 2014-03-31 | Rs976.95 Million ≈ $10.57 Million |
Rs-883.86 Million ≈ $-9.56 Million |
-0.905x | -11032.91% |
| 2013-03-31 | Rs484.94 Million ≈ $5.24 Million |
Rs4.01 Million ≈ $43.40K |
0.008x | -- |
About Happiest Minds Technologies Limited
Happiest Minds Technologies Limited provides information technology (IT) solutions and services in India, the Americas, Australia, Europe, Asia, the Middle East, and Africa. It operates through three segments: Infrastructure Management and Security Services (IMSS); Product and Digital Engineering Services (PDES); and Generative AI Business Services (GBS). The IMSS segment provides integrated end-… Read more