Laxmi Cotspin Limited (LAXMICOT) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Laxmi Cotspin Limited (LAXMICOT) has a cash flow conversion efficiency ratio of 0.038x as of September 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 (Rs16.09 Million ≈ $173.99K USD) by net assets (Rs424.30 Million ≈ $4.59 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 LAXMICOT cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Laxmi Cotspin Limited - Cash Flow Conversion Efficiency Trend (2012–2025)
This chart illustrates how Laxmi Cotspin Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Laxmi Cotspin Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Laxmi Cotspin Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Unity Biotechnology Inc
NASDAQ:UBX
|
31.010x |
|
Gulf Marine Services PLC
LSE:GMS
|
0.101x |
|
Pantheon Resources
LSE:PANR
|
0.006x |
|
JPMorgan China Growth & Income PLC
LSE:JCGI
|
0.008x |
|
Hansa Trust
LSE:HAN
|
0.007x |
|
Cheer Holding Inc.
NASDAQ:CHR
|
-0.018x |
|
Entreparticuli
PA:ALENT
|
-4.815x |
|
Card Factory PLC
LSE:CARD
|
0.063x |
Annual Cash Flow Conversion Efficiency for Laxmi Cotspin Limited (2012–2025)
The table below shows the annual cash flow conversion efficiency of Laxmi Cotspin Limited from 2012 to 2025. For the full company profile with market capitalisation and key ratios, see how much is Laxmi Cotspin Limited worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-03-31 | Rs627.91 Million ≈ $6.79 Million |
Rs94.61 Million ≈ $1.02 Million |
0.151x | +212.79% |
| 2024-03-31 | Rs629.09 Million ≈ $6.80 Million |
Rs-84.04 Million ≈ $-908.88K |
-0.134x | -132.58% |
| 2023-03-31 | Rs115.95 Million ≈ $1.25 Million |
Rs47.54 Million ≈ $514.17K |
0.410x | +484.68% |
| 2022-03-31 | Rs535.77 Million ≈ $5.79 Million |
Rs-57.11 Million ≈ $-617.62K |
-0.107x | -130.45% |
| 2021-03-31 | Rs481.12 Million ≈ $5.20 Million |
Rs168.40 Million ≈ $1.82 Million |
0.350x | +721.86% |
| 2020-03-31 | Rs470.26 Million ≈ $5.09 Million |
Rs20.03 Million ≈ $216.59K |
0.043x | -86.13% |
| 2019-03-31 | Rs468.63 Million ≈ $5.07 Million |
Rs143.90 Million ≈ $1.56 Million |
0.307x | +27.29% |
| 2018-03-31 | Rs442.33 Million ≈ $4.78 Million |
Rs106.70 Million ≈ $1.15 Million |
0.241x | +280.58% |
| 2017-03-31 | Rs426.82 Million ≈ $4.62 Million |
Rs-57.02 Million ≈ $-616.62K |
-0.134x | -135.46% |
| 2016-03-31 | Rs411.29 Million ≈ $4.45 Million |
Rs154.94 Million ≈ $1.68 Million |
0.377x | +61.88% |
| 2015-03-31 | Rs380.15 Million ≈ $4.11 Million |
Rs88.47 Million ≈ $956.75K |
0.233x | +32.06% |
| 2014-03-31 | Rs367.54 Million ≈ $3.97 Million |
Rs64.77 Million ≈ $700.43K |
0.176x | -45.63% |
| 2013-03-31 | Rs318.06 Million ≈ $3.44 Million |
Rs103.08 Million ≈ $1.11 Million |
0.324x | -45.36% |
| 2012-03-31 | Rs282.51 Million ≈ $3.06 Million |
Rs167.56 Million ≈ $1.81 Million |
0.593x | -- |
About Laxmi Cotspin Limited
Laxmi Cotspin Limited engages in the processing of textiles in India. The company offers cotton yarn, as well as ring spinning, open end, and TFO yarns; cotton bales; oilseeds; and oil mill products, such as gold and silver oil cake, wash oil, and oil sediment. It exports its products to Asian and European countries. The company was incorporated in 2005 and is based in Jalna, India.