Laxmi Cotspin Limited (LAXMICOT) - Cash Flow Conversion Efficiency

Latest as of September 2023: 0.038x

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

NSE:LAXMICOT India Textile Manufacturing
Market Cap
$2.75 Million
Rs253.96 Million INR
Market Cap Rank
#29602 Global
#1653 in India
Share Price
Rs14.81
Change (1 day)
+4.30%
52-Week Range
Rs11.88 - Rs29.72
All Time High
Rs41.48
About

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.