Axis Auto Finance Inc
Axis Auto Finance Inc., a financial technology lender, provides alternative used vehicle financing to consumers. It operates through two segments: Automotive Lending and Equipment Financing. Its Automotive Lending segment originates and services loans and lease grants to help its customer to finance the purchase of motor vehicles. The company's Equipment Financing segment offers equipment financi… Read more
Axis Auto Finance Inc (AXIS) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 2.660x
Based on the latest financial reports, Axis Auto Finance Inc (AXIS) has a cash flow conversion efficiency ratio of 2.660x 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 (CA$8.18 Million) by net assets (CA$3.08 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Axis Auto Finance Inc - Cash Flow Conversion Efficiency Trend (2010–2024)
This chart illustrates how Axis Auto Finance Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Axis Auto Finance Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Axis Auto Finance Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
INPEX - Dusseldorf Stock Exchang
DU:I8U
|
0.044x |
|
DCVY34
SA:DCVY34
|
N/A |
|
STX Engine Co. Ltd.
KQ:077970
|
N/A |
|
Kemper Corporation 5.875% Fixed
NYSE:KMPB
|
0.051x |
|
Tinybeans Group Limited
PINK:TNYYF
|
-0.210x |
|
STRATS SM Trust for Allstate Corp Securities Series 2006-3 IC
NYSE:GJT
|
N/A |
|
Badger Capital Corp
V:YVR-P
|
-0.094x |
|
Groupe Carnivor SA
PA:MLGRC
|
N/A |
Annual Cash Flow Conversion Efficiency for Axis Auto Finance Inc (2010–2024)
The table below shows the annual cash flow conversion efficiency of Axis Auto Finance Inc from 2010 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-06-30 | CA$1.30 Million | CA$19.18 Million | 14.782x | +833.68% |
| 2023-06-30 | CA$24.21 Million | CA$-48.79 Million | -2.015x | -232.48% |
| 2022-06-30 | CA$49.42 Million | CA$-29.95 Million | -0.606x | -1572.20% |
| 2021-06-30 | CA$36.09 Million | CA$-1.31 Million | -0.036x | -56.71% |
| 2020-06-30 | CA$33.18 Million | CA$-767.36K | -0.023x | +83.96% |
| 2019-06-30 | CA$33.88 Million | CA$-4.88 Million | -0.144x | -22.37% |
| 2018-06-30 | CA$40.75 Million | CA$-4.80 Million | -0.118x | +83.38% |
| 2017-06-30 | CA$9.50 Million | CA$-6.73 Million | -0.709x | +79.84% |
| 2016-06-30 | CA$2.75 Million | CA$-9.67 Million | -3.515x | -1676.19% |
| 2015-06-30 | CA$160.57K | CA$-31.78K | -0.198x | -58.10% |
| 2014-06-30 | CA$189.16K | CA$-23.68K | -0.125x | +19.57% |
| 2013-06-30 | CA$220.53K | CA$-34.32K | -0.156x | +27.95% |
| 2012-06-30 | CA$266.11K | CA$-57.48K | -0.216x | -1.54% |
| 2011-06-30 | CA$315.18K | CA$-67.05K | -0.213x | -870.77% |
| 2010-06-30 | CA$381.40K | CA$-8.36K | -0.022x | -- |