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 equity to assets ratio to measure how much of total assets are equity-financed.
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. Check cash flow quality index of Laxmi Cotspin Limited to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Transition Evergreen
PA:EGR
|
0.008x |
|
Fuller Smith & Turner
LSE:FSTA
|
0.093x |
|
Cuprina Holdings (Cayman) Limited Class A Ordinary Shares
NASDAQ:CUPR
|
-0.738x |
|
CDT Environmental Technology Investment Holdings Limited ordinary shares
NASDAQ:CDTG
|
-0.023x |
|
Bridge Saas Ltd
AU:BGE
|
0.026x |
|
Capital Drilling Ltd
LSE:CAPD
|
0.156x |
|
Omega Therapeutics Inc
NASDAQ:OMGA
|
-1.214x |
|
Calidi Biotherapeutics Inc.
NYSE MKT:CLDI
|
-1.342x |
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 Laxmi Cotspin Limited (LAXMICOT) total market value.
| 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.