Azure Power Global Limited
Azure Power Global Limited operates as a renewable energy developer and independent renewable power producer in India. It builds, owns, and operates grid-scale renewable energy projects; and supplies renewable energy to government utilities, and independent industrial and commercial customers on a long-term power purchase agreement. The company has an operating capacity of 3,041 megawatts, includ… Read more
Azure Power Global Limited (AZREF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2024: -0.003x
Based on the latest financial reports, Azure Power Global Limited (AZREF) has a cash flow conversion efficiency ratio of -0.003x as of March 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 ($-88.00 Million) by net assets ($32.79 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Azure Power Global Limited - Cash Flow Conversion Efficiency Trend (2014–2025)
This chart illustrates how Azure Power Global 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.
Azure Power Global Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Azure Power Global Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Sea & Land Integrated Co
TWO:5603
|
0.051x |
|
MRS LogÃstica S.A.
SA:MRSA3B
|
0.181x |
|
HS Valve Co. Ltd
KQ:039610
|
0.001x |
|
Jaeren Sparebank
OL:JAREN
|
-0.071x |
|
Powernet Technologies Corp.
KQ:037030
|
-0.021x |
|
Kumkang Kind Co Ltd
KO:014285
|
0.060x |
|
Balatacilar Balatacilik Sanayi ve Ticaret AS
IS:BALAT
|
-0.045x |
|
Den Networks Limited
NSE:DEN
|
0.015x |
Annual Cash Flow Conversion Efficiency for Azure Power Global Limited (2014–2025)
The table below shows the annual cash flow conversion efficiency of Azure Power Global Limited from 2014 to 2025.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-03-31 | $30.80 Billion | $7.21 Billion | 0.234x | +129.45% |
| 2024-03-31 | $32.79 Billion | $3.34 Billion | 0.102x | -54.45% |
| 2023-03-31 | $35.53 Billion | $7.96 Billion | 0.224x | +89.56% |
| 2022-03-31 | $522.28 Million | $61.70 Million | 0.118x | -99.21% |
| 2021-03-31 | $334.44 Million | $4.98 Billion | 14.882x | +10221.61% |
| 2020-03-31 | $359.77 Million | $51.87 Million | 0.144x | +74.73% |
| 2019-03-31 | $366.61 Million | $30.25 Million | 0.083x | -41.13% |
| 2018-03-31 | $203.54 Million | $28.53 Million | 0.140x | +8041.12% |
| 2017-03-31 | $229.73 Million | $-405.48K | -0.002x | -100.63% |
| 2016-03-31 | $39.90 Million | $11.21 Million | 0.281x | +139.33% |
| 2015-03-31 | $247.36 Million | $-176.68 Million | -0.714x | -782.89% |
| 2014-03-31 | $-223.73 Million | $-23.40 Million | 0.105x | -- |