Asian Battery Metals Plc
Asian Battery Metals PLC engages in the exploration and evaluation of mineral properties in Mongolia and Altai. It explores for graphite, nickel, copper, lithium, and platinum group element deposits. The company holds 100% interests in the Yambat Oval Ni-Cu-PGE project that consists of one tenement located in the Yambat, Yesonbulag and Taishir sub provinces, Gobi-Altai Province; the Khukh Tag gra… Read more
Asian Battery Metals Plc (AZ9) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2023: -0.020x
Based on the latest financial reports, Asian Battery Metals Plc (AZ9) has a cash flow conversion efficiency ratio of -0.020x as of December 2023.
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$-42.68K) by net assets (AU$2.09 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Asian Battery Metals Plc - Cash Flow Conversion Efficiency Trend (2019–2023)
This chart illustrates how Asian Battery Metals Plc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Asian Battery Metals Plc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Asian Battery Metals Plc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
First Niles Financial Inc
PINK:FNFI
|
N/A |
|
NGX Ltd
AU:NGX
|
-0.217x |
|
AI Artificial Intelligence Ventures Inc.
V:AIVC
|
0.142x |
|
SKAGEN Vekst A
CO:SKIVEK
|
N/A |
|
Portage Fintech Acquisition Corp
NASDAQ:PFTA
|
-0.032x |
|
ALSAF
PINK:ALSAF
|
0.014x |
|
Cassius Mining Ltd
AU:CMD
|
-0.253x |
|
AECI Ltd
JSE:AFE
|
0.035x |
Annual Cash Flow Conversion Efficiency for Asian Battery Metals Plc (2019–2023)
The table below shows the annual cash flow conversion efficiency of Asian Battery Metals Plc from 2019 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | AU$2.09 Million | AU$-474.67K | -0.227x | +8.89% |
| 2022-12-31 | AU$2.62 Million | AU$-654.00K | -0.250x | +11.68% |
| 2021-12-31 | AU$3.74 Million | AU$-1.06 Million | -0.283x | -90.39% |
| 2020-12-31 | AU$2.62 Million | AU$-389.38K | -0.148x | +66.91% |
| 2019-12-31 | AU$3.55 Million | AU$-1.59 Million | -0.448x | -- |