Ice Make Refrigeration Limited (ICEMAKE) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Ice Make Refrigeration Limited (ICEMAKE) has a cash flow conversion efficiency ratio of -0.437x 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 (Rs-528.16 Million ≈ $-5.71 Million USD) by net assets (Rs1.21 Billion ≈ $13.06 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Ice Make Refrigeration Limited - Cash Flow Conversion Efficiency Trend (2013–2025)
This chart illustrates how Ice Make Refrigeration Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read how much debt does Ice Make Refrigeration Limited carry for a breakdown of total debt and financial obligations.
Ice Make Refrigeration Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Ice Make Refrigeration Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Seven West Media Ltd
AU:SWM
|
-0.001x |
|
Phoenix Tours International Inc
TW:5706
|
-0.001x |
|
Karex Berhad
KLSE:5247
|
-0.005x |
|
Alicanto Minerals Ltd
AU:AQI
|
-0.284x |
|
Airsculpt Technologies Inc
NASDAQ:AIRS
|
-0.003x |
|
GoldMoney Inc
TO:XAU
|
0.050x |
|
Cheffelo AB
ST:CHEF
|
0.097x |
|
Maple Gold Mines Ltd
V:MGM
|
-0.062x |
Annual Cash Flow Conversion Efficiency for Ice Make Refrigeration Limited (2013–2025)
The table below shows the annual cash flow conversion efficiency of Ice Make Refrigeration Limited from 2013 to 2025. For the full company profile with market capitalisation and key ratios, see Ice Make Refrigeration Limited market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-03-31 | Rs1.24 Billion ≈ $13.38 Million |
Rs299.75 Million ≈ $3.24 Million |
0.242x | +142.98% |
| 2024-03-31 | Rs1.04 Billion ≈ $11.26 Million |
Rs103.79 Million ≈ $1.12 Million |
0.100x | -66.77% |
| 2023-03-31 | Rs811.26 Million ≈ $8.77 Million |
Rs243.50 Million ≈ $2.63 Million |
0.300x | +122.73% |
| 2022-03-31 | Rs616.81 Million ≈ $6.67 Million |
Rs83.12 Million ≈ $898.90K |
0.135x | -38.57% |
| 2021-03-31 | Rs563.16 Million ≈ $6.09 Million |
Rs123.55 Million ≈ $1.34 Million |
0.219x | +1383.53% |
| 2020-03-31 | Rs532.70 Million ≈ $5.76 Million |
Rs-9.11 Million ≈ $-98.47K |
-0.017x | -110.43% |
| 2019-03-31 | Rs500.71 Million ≈ $5.42 Million |
Rs82.03 Million ≈ $887.07K |
0.164x | +460.06% |
| 2018-03-31 | Rs445.96 Million ≈ $4.82 Million |
Rs-20.29 Million ≈ $-219.43K |
-0.045x | -109.45% |
| 2017-03-31 | Rs155.74 Million ≈ $1.68 Million |
Rs74.97 Million ≈ $810.75K |
0.481x | +808.13% |
| 2016-03-31 | Rs103.80 Million ≈ $1.12 Million |
Rs5.50 Million ≈ $59.50K |
0.053x | -91.15% |
| 2015-03-31 | Rs77.36 Million ≈ $836.64K |
Rs46.31 Million ≈ $500.87K |
0.599x | +1082.45% |
| 2014-03-31 | Rs68.02 Million ≈ $735.63K |
Rs-4.14 Million ≈ $-44.83K |
-0.061x | -111.05% |
| 2013-03-31 | Rs46.22 Million ≈ $499.81K |
Rs25.50 Million ≈ $275.74K |
0.552x | -- |
About Ice Make Refrigeration Limited
Ice Make Refrigeration Limited, together with its subsidiaries, manufactures and supplies refrigeration products and equipment under the Ice Make, Bharat, and TransFreez brands in India. The company offers cold storage products, including modular, combi, walk-in, custom-built, and solar cold rooms, as well as blast freezers and chillers, glass door display chillers, ripening chambers, cold room P… Read more