Alderan Resources Ltd
Alderan Resources Limited engages in the exploration of mineral properties in Australia and Brazil. The company explores for copper, gold, lithium, zinc, lead, and silver deposits. Its flagship property is the Detroit project located in Detroit Mining District, Utah. Alderan Resources Limited was incorporated in 2013 and is based in Melbourne, Australia.
Alderan Resources Ltd (AL8) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: -0.256x
Based on the latest financial reports, Alderan Resources Ltd (AL8) has a cash flow conversion efficiency ratio of -0.256x as of June 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 (AU$-1.23 Million) by net assets (AU$4.81 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Alderan Resources Ltd - Cash Flow Conversion Efficiency Trend (2014–2024)
This chart illustrates how Alderan Resources Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Alderan Resources Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Alderan Resources Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Aptorum Group Ltd Class A
NASDAQ:APM
|
-0.035x |
|
P.C.B Tec
TA:PCBT
|
0.049x |
|
Yummy Town Cayman Holdings
TWO:2726
|
-0.052x |
|
Recharge Resources Ltd.
PINK:RECHF
|
-0.326x |
|
Ho Wah Genting Bhd
KLSE:9601
|
0.102x |
|
Tarjar Xairo Socimi SA
MC:YTAR
|
-0.062x |
|
Supply@Me Capital PLC
LSE:SYME
|
0.084x |
|
Hansol Pns
KO:010420
|
0.036x |
Annual Cash Flow Conversion Efficiency for Alderan Resources Ltd (2014–2024)
The table below shows the annual cash flow conversion efficiency of Alderan Resources Ltd from 2014 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-06-30 | AU$4.81 Million | AU$-1.75 Million | -0.365x | -46.48% |
| 2023-06-30 | AU$7.56 Million | AU$-1.88 Million | -0.249x | -86.98% |
| 2022-06-30 | AU$7.82 Million | AU$-1.04 Million | -0.133x | +58.25% |
| 2021-06-30 | AU$12.46 Million | AU$-3.97 Million | -0.319x | -169.64% |
| 2020-06-30 | AU$11.71 Million | AU$-1.38 Million | -0.118x | +55.16% |
| 2019-06-30 | AU$9.86 Million | AU$-2.60 Million | -0.264x | +74.69% |
| 2018-06-30 | AU$7.94 Million | AU$-8.28 Million | -1.042x | -541.70% |
| 2017-06-30 | AU$8.87 Million | AU$-1.44 Million | -0.162x | +77.45% |
| 2016-06-30 | AU$613.78K | AU$-441.87K | -0.720x | -380.00% |
| 2015-06-30 | AU$608.61K | AU$-91.28K | -0.150x | -86.75% |
| 2014-06-30 | AU$241.76K | AU$-19.42K | -0.080x | -- |