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Katare Spinning Mills (BOM:502933) FCF Yield % : -1.01 (As of May. 25, 2024)


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What is Katare Spinning Mills FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Katare Spinning Mills's Trailing 12-Month Free Cash Flow is ₹-6.90 Mil, and Market Cap is ₹682.43 Mil. Therefore, Katare Spinning Mills's FCF Yield % for today is -1.01%.

The historical rank and industry rank for Katare Spinning Mills's FCF Yield % or its related term are showing as below:

BOM:502933' s FCF Yield % Range Over the Past 10 Years
Min: -35.9   Med: -1.03   Max: 423.8
Current: -1.01


During the past 13 years, the highest FCF Yield % of Katare Spinning Mills was 423.80%. The lowest was -35.90%. And the median was -1.03%.

BOM:502933's FCF Yield % is ranked worse than
65.03% of 1078 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.805 vs BOM:502933: -1.01

Katare Spinning Mills's FCF Margin % for the quarter that ended in Dec. 2023 was -8.22%.


Katare Spinning Mills FCF Yield % Historical Data

The historical data trend for Katare Spinning Mills's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Katare Spinning Mills FCF Yield % Chart

Katare Spinning Mills Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.87 -86.80 15.37 3.69 -7.75

Katare Spinning Mills Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -15.01 -1.73 -0.31 -1.55 -0.75

Competitive Comparison of Katare Spinning Mills's FCF Yield %

For the Textile Manufacturing subindustry, Katare Spinning Mills's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Katare Spinning Mills's FCF Yield % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Katare Spinning Mills's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Katare Spinning Mills's FCF Yield % falls into.



Katare Spinning Mills FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Katare Spinning Mills's FCF Yield % for the fiscal year that ended in Mar. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=-39.715 / 512.145
=-7.75%

Katare Spinning Mills's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=-1.294 * 4 / 692.55
=-0.75%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Katare Spinning Mills FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Katare Spinning Mills FCF Yield % Related Terms

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Katare Spinning Mills (BOM:502933) Business Description

Traded in Other Exchanges
N/A
Address
Akkalkot road, 14/30 Ground Floor, B Wing, Katare Complex, Bl. No. 10, Ravivar Peth, Gandhinagar, Solapur, MH, IND, 413006
Katare Spinning Mills Ltd is an India-based company. It is engaged in the business of manufacturing of cotton yarn, solar power generation, and hospitality. Katare Spinning Mills operates through various segments that are Spinning Division, Hotel Division, and Solar Power. The Spinning Mill segment generates maximum revenue for the company.

Katare Spinning Mills (BOM:502933) Headlines

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