SecUR Credentials Limited Cash Flow Conversion Efficiency
SecUR Credentials Limited 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.
Cash Flow Conversion Efficiency of SecUR Credentials Limited (2013–2024)
Cash flow conversion efficiency of SecUR Credentials Limited from 2013 to 2024. This chart illustrates how SecUR Credentials Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. View SECURCRED live share price for real-time trading data and today's change.
SecUR Credentials Limited Cash Flow Conversion Ratio Explained
SecUR Credentials 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.
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. Also see market cap of SecUR Credentials Limited for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Shanti Overseas (India) Limited
NSE:SHANTI
|
-0.015x |
|
Mullen Automotive Inc.
NASDAQ:MULN
|
0.194x |
|
Panthera Resources PLC
LSE:PAT
|
-0.329x |
|
Tower Investments SA
WAR:TOW
|
-0.116x |
|
Leju Holdings Limited
NYSE:LEJUY
|
N/A |
|
Carespan Health Inc
V:CSPN
|
0.028x |
|
Manitex Capital Inc
V:MNX
|
0.000x |
|
Alternative Income REIT PLC
LSE:AIRE
|
0.036x |
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. Review SECURCRED cash flow after capex ratio 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 |
|---|---|---|---|---|
| 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.