SecUR Credentials Limited (SECURCRED) - Cash Flow Conversion Efficiency
Based on the latest financial reports, SecUR Credentials Limited (SECURCRED) has a cash flow conversion efficiency ratio of 0.036x 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 (Rs17.73 Million ≈ $191.79K USD) by net assets (Rs493.66 Million ≈ $5.34 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 SecUR Credentials Limited liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
SecUR Credentials Limited - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how SecUR Credentials Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data.
SecUR Credentials Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of SecUR Credentials Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Midsona AB (publ)
ST:MSON-A
|
0.048x |
|
Mullen Automotive Inc.
NASDAQ:MULN
|
0.194x |
|
Society Pass Inc
NASDAQ:SOPA
|
-1.219x |
|
Universal Partners Ltd
JSE:UPL
|
-0.006x |
|
Logistics Development Group PLC
LSE:LDG
|
-0.005x |
|
Baumart Holdings Ltd
AU:BMH
|
-0.258x |
|
Kooth plc
LSE:KOO
|
-0.136x |
|
Made Tech Group PLC
LSE:MTEC
|
0.110x |
Annual Cash Flow Conversion Efficiency for SecUR Credentials Limited (2013–2024)
The table below shows the annual cash flow conversion efficiency of SecUR Credentials Limited from 2013 to 2024. For the full company profile with market capitalisation and key ratios, see SecUR Credentials Limited market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-03-31 | Rs426.53 Million ≈ $4.61 Million |
Rs45.69 Million ≈ $494.08K |
0.107x | -45.29% |
| 2023-03-31 | Rs451.08 Million ≈ $4.88 Million |
Rs88.30 Million ≈ $954.97K |
0.196x | +58.66% |
| 2022-03-31 | Rs437.57 Million ≈ $4.73 Million |
Rs53.99 Million ≈ $583.88K |
0.123x | +234.97% |
| 2021-03-31 | Rs417.04 Million ≈ $4.51 Million |
Rs-38.12 Million ≈ $-412.30K |
-0.091x | -193.73% |
| 2020-03-31 | Rs438.59 Million ≈ $4.74 Million |
Rs42.78 Million ≈ $462.61K |
0.098x | -7.81% |
| 2019-03-31 | Rs441.93 Million ≈ $4.78 Million |
Rs46.75 Million ≈ $505.60K |
0.106x | +128.99% |
| 2018-03-31 | Rs385.47 Million ≈ $4.17 Million |
Rs-140.68 Million ≈ $-1.52 Million |
-0.365x | -113.38% |
| 2017-03-31 | Rs20.30 Million ≈ $219.48K |
Rs55.35 Million ≈ $598.62K |
2.727x | +134.88% |
| 2016-03-31 | Rs2.23 Million ≈ $24.08K |
Rs2.59 Million ≈ $27.97K |
1.161x | +2182.09% |
| 2015-03-31 | Rs2.06 Million ≈ $22.30K |
Rs-115.00K ≈ $-1.24K |
-0.056x | +85.88% |
| 2014-03-31 | Rs2.98 Million ≈ $32.21K |
Rs-1.18 Million ≈ $-12.72K |
-0.395x | -367.16% |
| 2013-03-31 | Rs2.77 Million ≈ $29.92K |
Rs409.00K ≈ $4.42K |
0.148x | -- |
About SecUR Credentials Limited
SecUR Credentials Limited, a background verification company, provides background screening and verification services in India. It offers employee background verification, vendor and supplier verification, KYC verification, loan verification for banks, and due diligence and risk screening services. SecUR Credentials Limited was incorporated in 2001 and is based in Mumbai, India.