Waaree Energies Limited
Waaree Energies Limited manufactures and exports solar photovoltaic modules for residential, commercial, industrial, and institutional projects. It operates through three segments: Solar Photovoltaic Module Manufacturing, EPC and O&M Solutions, and the Independent Power Producer. The company offers HJT, TOPCon, mono PERC, polycrystalline, flexible, and special modules; off-grid and on-grid invert… Read more
Waaree Energies Limited (WAAREEENER) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 0.210x
Based on the latest financial reports, Waaree Energies Limited (WAAREEENER) has a cash flow conversion efficiency ratio of 0.210x as of September 2024.
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 (₹10.35 Billion) by net assets (₹49.28 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Waaree Energies Limited - Cash Flow Conversion Efficiency Trend (2019–2025)
This chart illustrates how Waaree Energies 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.
Waaree Energies Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Waaree Energies Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
McGrath RentCorp
NASDAQ:MGRC
|
0.065x |
|
China Resources Double-Crane Pharmaceutical Co Ltd
SHG:600062
|
0.040x |
|
Penske Automotive Group Inc
NYSE:PAG
|
0.055x |
|
Haemonetics Corporation
NYSE:HAE
|
0.103x |
|
Kangmei Pharmaceutical Co Ltd
SHG:600518
|
0.030x |
|
Drax Group plc
PINK:DRXGF
|
0.305x |
|
Zydus Lifesciences Limited
NSE:ZYDUSLIFE
|
0.014x |
|
HEXPOL AB (publ)
OTCGREY:HXXPY
|
0.066x |
Annual Cash Flow Conversion Efficiency for Waaree Energies Limited (2019–2025)
The table below shows the annual cash flow conversion efficiency of Waaree Energies Limited from 2019 to 2025.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-03-31 | ₹95.95 Billion | ₹31.58 Billion | 0.329x | -40.76% |
| 2024-03-31 | ₹41.48 Billion | ₹23.05 Billion | 0.556x | -33.70% |
| 2023-03-31 | ₹18.62 Billion | ₹15.60 Billion | 0.838x | -47.41% |
| 2022-03-31 | ₹4.40 Billion | ₹7.01 Billion | 1.593x | +773.19% |
| 2021-03-31 | ₹3.93 Billion | ₹716.68 Million | 0.182x | +94.28% |
| 2020-03-31 | ₹3.41 Billion | ₹319.81 Million | 0.094x | -18.50% |
| 2019-03-31 | ₹2.58 Billion | ₹297.14 Million | 0.115x | -- |