Laxmi Cotspin Limited Cash Flow Conversion Efficiency
Laxmi Cotspin Limited 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.
Cash Flow Conversion Efficiency of Laxmi Cotspin Limited (2012–2025)
Cash flow conversion efficiency of Laxmi Cotspin Limited from 2012 to 2025. This chart illustrates how Laxmi Cotspin Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. View LAXMICOT stock price and chart for real-time trading data and today's change.
Laxmi Cotspin Limited Cash Flow Conversion Ratio Explained
Laxmi Cotspin Limited cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see how much is Laxmi Cotspin Limited worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Ophir Gold Corp
V:OPHR
|
-0.017x |
|
BioNexus Gene Lab Corp Common stock
NASDAQ:BGLC
|
-0.181x |
|
Techindia Nirman Limited
NSE:TECHIN
|
-0.169x |
|
Siti Networks Limited
NSE:SITINET
|
-0.072x |
|
The Calmer Co International Ltd
AU:CCO
|
-6.608x |
|
Goodfood Market Corp
TO:FOOD
|
0.026x |
|
Indigo Exploration Inc.
V:IXI
|
-0.020x |
|
Digjam Limited
NSE:DIGJAMLTD
|
-0.688x |
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. Review Laxmi Cotspin Limited free cash flow efficiency to assess how much free cash flow the company generates relative to operating cash flow.
| 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.