Race Eco Chain Limited (RACE) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Race Eco Chain Limited (RACE) has a cash flow conversion efficiency ratio of 0.040x 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 (Rs33.37 Million ≈ $360.86K USD) by net assets (Rs844.15 Million ≈ $9.13 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 RACE net asset quality index to measure how much of total assets are equity-financed.
Race Eco Chain Limited - Cash Flow Conversion Efficiency Trend (2009–2026)
This chart illustrates how Race Eco Chain Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Race Eco Chain Limited cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
Race Eco Chain Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Race Eco Chain Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
OB Holdings Berhad
KLSE:0327
|
-0.040x |
|
Aston Minerals Ltd
AU:ASO
|
-0.127x |
|
Murudeshwar Ceramics Limited
NSE:MURUDCERA
|
0.023x |
|
Empire Metals Corp
V:EP
|
-0.426x |
|
Sdiptech AB (publ)
ST:SDIP-PREF
|
0.080x |
|
Gotland Rederi AB Series B
ST:GOTL-B
|
-0.015x |
|
Gillanders Arbuthnot & Company Limited
NSE:GILLANDERS
|
0.008x |
|
Przedsiebiorstwo Przemyslu Spozywczego PEPEES S.A.
WAR:PPS
|
0.132x |
Annual Cash Flow Conversion Efficiency for Race Eco Chain Limited (2009–2026)
The table below shows the annual cash flow conversion efficiency of Race Eco Chain Limited from 2009 to 2026. For the full company profile with market capitalisation and key ratios, see Race Eco Chain Limited stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2026-03-31 | Rs865.06 Million ≈ $9.36 Million |
Rs117.56 Million ≈ $1.27 Million |
0.136x | +124.71% |
| 2025-03-31 | Rs779.31 Million ≈ $8.43 Million |
Rs-428.63 Million ≈ $-4.64 Million |
-0.550x | -43.41% |
| 2024-03-31 | Rs222.37 Million ≈ $2.40 Million |
Rs-85.28 Million ≈ $-922.29K |
-0.384x | +45.92% |
| 2023-03-31 | Rs205.70 Million ≈ $2.22 Million |
Rs-145.87 Million ≈ $-1.58 Million |
-0.709x | -389.24% |
| 2022-03-31 | Rs192.67 Million ≈ $2.08 Million |
Rs47.24 Million ≈ $510.86K |
0.245x | +187.11% |
| 2021-03-31 | Rs181.15 Million ≈ $1.96 Million |
Rs-50.99 Million ≈ $-551.40K |
-0.281x | -20.68% |
| 2020-03-31 | Rs171.18 Million ≈ $1.85 Million |
Rs-39.93 Million ≈ $-431.78K |
-0.233x | -160.52% |
| 2019-03-31 | Rs170.82 Million ≈ $1.85 Million |
Rs65.82 Million ≈ $711.85K |
0.385x | -13.72% |
| 2018-03-31 | Rs170.31 Million ≈ $1.84 Million |
Rs76.06 Million ≈ $822.59K |
0.447x | +4965.56% |
| 2017-03-31 | Rs169.50 Million ≈ $1.83 Million |
Rs-1.56 Million ≈ $-16.83K |
-0.009x | -108.52% |
| 2016-03-31 | Rs168.26 Million ≈ $1.82 Million |
Rs18.13 Million ≈ $196.03K |
0.108x | +125.19% |
| 2015-03-31 | Rs168.12 Million ≈ $1.82 Million |
Rs-71.90 Million ≈ $-777.62K |
-0.428x | -65.40% |
| 2014-03-31 | Rs166.92 Million ≈ $1.81 Million |
Rs-43.16 Million ≈ $-466.76K |
-0.259x | +13.31% |
| 2013-03-31 | Rs67.66 Million ≈ $731.67K |
Rs-20.18 Million ≈ $-218.24K |
-0.298x | +2.10% |
| 2012-03-31 | Rs48.53 Million ≈ $524.87K |
Rs-14.79 Million ≈ $-159.90K |
-0.305x | +29.78% |
| 2011-03-31 | Rs13.40 Million ≈ $144.92K |
Rs-5.81 Million ≈ $-62.88K |
-0.434x | -533.99% |
| 2010-03-31 | Rs12.19 Million ≈ $131.86K |
Rs1.22 Million ≈ $13.18K |
0.100x | +108.09% |
| 2009-03-31 | Rs11.11 Million ≈ $120.18K |
Rs-13.73 Million ≈ $-148.53K |
-1.236x | -- |
About Race Eco Chain Limited
Race Eco Chain Limited, together with its subsidiaries, engages in waste management activities in India. It operates through Misc. Old Economy Products, Recycle Division, Restore Division, Biomass Division, and IT Division segments. The company is involved in the collection and supply of recyclable waste, such as PET plastic bottle waste, non-PET plastic recycling, wastepaper, metal waste, and ot… Read more