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.
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. Read HAPPSTMNDS current and long-term liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Guangzhou Boji Medical and Biotechnological Co Ltd
SHE:300404
|
-0.007x |
|
Jiangsu Phoenix Property Investment Co Ltd
SHG:600716
|
0.013x |
|
LG Balakrishnan & Bros Limited
NSE:LGBBROSLTD
|
0.063x |
|
Autohellas S.A.
AT:OTOEL
|
0.064x |
|
Pulike Biological Engineering
SHG:603566
|
0.034x |
|
Stendörren Fastigheter AB (publ)
ST:STEF-B
|
0.020x |
|
Chrysos Corporation Ltd
AU:C79
|
0.032x |
|
SMO ClinPlus Co. Ltd.
SHE:301257
|
N/A |
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 HAPPSTMNDS stock market capitalisation.
| 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