Sumeet Industries Limited
Sumeet Industries Limited engages in the manufacture and sale of yarns in India. The company provides pet chips, polyester and textile grade chips, as well as partially oriented, fully draw, polyester texturized, micro filament, carpet, bright, and dope dyed black yarns. It exports its products to Egypt, Saudi Arabia, China, Argentina, Poland, Portugal, Morocco, Columbia, Bangladesh, Russia, Ethi… Read more
Sumeet Industries Limited (SUMEETINDS) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2023: -0.077x
Based on the latest financial reports, Sumeet Industries Limited (SUMEETINDS) has a cash flow conversion efficiency ratio of -0.077x 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 (₹120.79 Million) by net assets (₹-1.57 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Sumeet Industries Limited - Cash Flow Conversion Efficiency Trend (2007–2024)
This chart illustrates how Sumeet Industries Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Sumeet Industries Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Sumeet Industries Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
PT Minahasa Membangun Hebat Tbk
JK:HBAT
|
0.070x |
|
Dongil Technology Ltd
KQ:032960
|
0.011x |
|
Copper Strike Ltd
AU:CSE
|
-0.222x |
|
Golden Pursuit Resources Ltd
PINK:FPVTF
|
0.918x |
|
AMEN Properties Inc
PINK:AMEN
|
0.097x |
|
Blackbird Critical Metals Corp
OTCQB:BBCMF
|
-0.048x |
|
White Energy Company Limited
PINK:WECFF
|
0.030x |
|
Techcential International Ltd
TWO:6616
|
0.001x |
Annual Cash Flow Conversion Efficiency for Sumeet Industries Limited (2007–2024)
The table below shows the annual cash flow conversion efficiency of Sumeet Industries Limited from 2007 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-03-31 | ₹-1.77 Billion | ₹147.91 Million | -0.084x | +86.65% |
| 2023-03-31 | ₹-1.16 Billion | ₹729.63 Million | -0.627x | +45.26% |
| 2022-03-31 | ₹-528.22 Million | ₹605.24 Million | -1.146x | -163.92% |
| 2021-03-31 | ₹-543.72 Million | ₹236.06 Million | -0.434x | +72.44% |
| 2020-03-31 | ₹-537.41 Million | ₹846.57 Million | -1.575x | -0.06% |
| 2019-03-31 | ₹845.90 Million | ₹-1.33 Billion | -1.574x | -954.41% |
| 2018-03-31 | ₹3.49 Billion | ₹-521.82 Million | -0.149x | -184.96% |
| 2017-03-31 | ₹3.17 Billion | ₹557.84 Million | 0.176x | +4339.32% |
| 2016-03-31 | ₹2.78 Billion | ₹11.02 Million | 0.004x | -98.29% |
| 2015-03-31 | ₹2.44 Billion | ₹564.62 Million | 0.231x | +990.02% |
| 2014-03-31 | ₹2.23 Billion | ₹-57.80 Million | -0.026x | -111.78% |
| 2013-03-31 | ₹2.03 Billion | ₹446.81 Million | 0.220x | +236.94% |
| 2012-03-31 | ₹1.86 Billion | ₹-299.80 Million | -0.161x | +19.23% |
| 2011-03-31 | ₹1.16 Billion | ₹-230.23 Million | -0.199x | +58.03% |
| 2010-03-31 | ₹805.47 Million | ₹-382.40 Million | -0.475x | -844.95% |
| 2009-03-31 | ₹616.40 Million | ₹-30.97 Million | -0.050x | -232.56% |
| 2008-03-31 | ₹365.38 Million | ₹13.85 Million | 0.038x | +154.34% |
| 2007-03-31 | ₹282.67 Million | ₹-19.71 Million | -0.070x | -- |