Akora Resources Ltd (AKO) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Akora Resources Ltd (AKO) has a cash flow conversion efficiency ratio of -0.058x as of June 2025. 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 (AU$-805.39K ≈ $-569.86K USD) by net assets (AU$13.99 Million ≈ $9.90 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See AKO days of operational coverage to measure how many days the company can operate on defensive assets alone.
Akora Resources Ltd - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Akora Resources Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Akora Resources Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Akora Resources Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Crown Energy AB (publ)
F:CWE
|
-0.020x |
|
Aban Offshore Limited
NSE:ABAN
|
0.002x |
|
BLB Limited
NSE:BLBLIMITED
|
-0.024x |
|
Kinovo PLC
LSE:KINO
|
-0.845x |
|
Top Shelf International Holdings Ltd
AU:TSI
|
-0.324x |
|
Pets at Home Group Plc
LSE:PETS
|
0.086x |
|
Phoenix Motor Inc. Common Stock
NASDAQ:PEV
|
-0.277x |
|
Akkhie Prakarn Public Company Limited
BK:AKP
|
0.036x |
Annual Cash Flow Conversion Efficiency for Akora Resources Ltd (2017–2024)
The table below shows the annual cash flow conversion efficiency of Akora Resources Ltd from 2017 to 2024. For the full company profile with market capitalisation and key ratios, see Akora Resources Ltd market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | AU$13.54 Million ≈ $9.58 Million |
AU$-1.58 Million ≈ $-1.12 Million |
-0.117x | +7.35% |
| 2023-12-31 | AU$11.09 Million ≈ $7.85 Million |
AU$-1.40 Million ≈ $-991.00K |
-0.126x | +14.17% |
| 2022-12-31 | AU$9.44 Million ≈ $6.68 Million |
AU$-1.39 Million ≈ $-982.73K |
-0.147x | -0.27% |
| 2021-12-31 | AU$7.66 Million ≈ $5.42 Million |
AU$-1.12 Million ≈ $-795.06K |
-0.147x | -3.50% |
| 2020-12-31 | AU$8.31 Million ≈ $5.88 Million |
AU$-1.18 Million ≈ $-833.59K |
-0.142x | -135.07% |
| 2019-12-31 | AU$4.29 Million ≈ $3.04 Million |
AU$-258.90K ≈ $-183.19K |
-0.060x | +47.82% |
| 2018-12-31 | AU$2.16 Million ≈ $1.53 Million |
AU$-249.85K ≈ $-176.78K |
-0.116x | +52.10% |
| 2017-12-31 | AU$2.39 Million ≈ $1.69 Million |
AU$-577.75K ≈ $-408.79K |
-0.241x | -- |
About Akora Resources Ltd
AKORA Resources Limited engages in the exploration, evaluation, and development of iron ore projects in Madagascar. Its flagship project is the Bekisopa iron ore project located in Madagascar. The company was formerly known as Indian Pacific Resources Limited and changed its name to AKORA Resources Limited in September 2020. The company was incorporated in 2009 and is headquartered in Ballarat, A… Read more