Classic Minerals Ltd (CLZ) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Classic Minerals Ltd (CLZ) has a cash flow conversion efficiency ratio of 0.016x as of December 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$-339.35K ≈ $-240.11K USD) by net assets (AU$-21.07 Million ≈ $-14.91 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See defensive interval ratio of Classic Minerals Ltd to measure how many days the company can operate on defensive assets alone.
Classic Minerals Ltd - Cash Flow Conversion Efficiency Trend (2009–2024)
This chart illustrates how Classic Minerals Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Classic Minerals Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Classic Minerals Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Accord Financial Corp.
TO:ACD
|
1.083x |
|
Ensysce Biosciences Inc
NASDAQ:ENSC
|
5.233x |
|
Mortgage Advice
LSE:MAB1
|
0.179x |
|
NFT Limited
NYSE MKT:MI
|
-0.596x |
|
Tempest Minerals Ltd
AU:TEM
|
0.034x |
|
Tesoro Minerals Corp.
V:TES
|
0.141x |
|
Blue Ocean Acquisition Corp
NASDAQ:BOCN
|
-0.078x |
|
Avacta Group PLC
LSE:AVCT
|
-93.806x |
Annual Cash Flow Conversion Efficiency for Classic Minerals Ltd (2009–2024)
The table below shows the annual cash flow conversion efficiency of Classic Minerals Ltd from 2009 to 2024. For the full company profile with market capitalisation and key ratios, see Classic Minerals Ltd market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-06-30 | AU$-14.09 Million ≈ $-9.97 Million |
AU$-4.31 Million ≈ $-3.05 Million |
0.306x | +16717.22% |
| 2023-06-30 | AU$-7.34 Million ≈ $-5.19 Million |
AU$-13.36K ≈ $-9.45K |
0.002x | +30.30% |
| 2022-06-30 | AU$-4.69 Million ≈ $-3.32 Million |
AU$-6.56K ≈ $-4.64K |
0.001x | +102.97% |
| 2021-06-30 | AU$168.88K ≈ $119.50K |
AU$-7.94K ≈ $-5.61K |
-0.047x | -2810.96% |
| 2020-06-30 | AU$-2.35 Million ≈ $-1.66 Million |
AU$-4.07K ≈ $-2.88K |
0.002x | -99.96% |
| 2019-06-30 | AU$-487.85 ≈ $-345.18 |
AU$-1.88K ≈ $-1.33K |
3.858x | +187.69% |
| 2018-06-30 | AU$560.86 ≈ $396.84 |
AU$-2.47K ≈ $-1.75K |
-4.399x | -800.92% |
| 2017-06-30 | AU$-2.27K ≈ $-1.61K |
AU$1.11K ≈ $784.77 |
-0.488x | -1046.12% |
| 2016-06-30 | AU$609.56 ≈ $431.30 |
AU$-25.97 ≈ $-18.38 |
-0.043x | -114.12% |
| 2015-06-30 | AU$-1.91K ≈ $-1.35K |
AU$-577.09 ≈ $-408.33 |
0.302x | +117.57% |
| 2014-06-30 | AU$3.02K ≈ $2.14K |
AU$-5.18K ≈ $-3.67K |
-1.718x | -117908.81% |
| 2013-06-30 | AU$2.17 Million ≈ $1.54 Million |
AU$-3.17K ≈ $-2.24K |
-0.001x | -100.22% |
| 2012-06-30 | AU$-1.15 Million ≈ $-816.52K |
AU$-766.76K ≈ $-542.53K |
0.664x | -8.59% |
| 2011-06-30 | AU$-695.99K ≈ $-492.46K |
AU$-505.89K ≈ $-357.95K |
0.727x | +1239.33% |
| 2010-06-30 | AU$-1.91 Million ≈ $-1.35 Million |
AU$-103.92K ≈ $-73.53K |
0.054x | -60.42% |
| 2009-06-30 | AU$-1.73 Million ≈ $-1.23 Million |
AU$-237.47K ≈ $-168.03K |
0.137x | -- |
About Classic Minerals Ltd
Classic Minerals Limited engages in the exploration of mineral resource projects in Australia. The company primarily explores for gold and nickel deposits. Its flagship project is the Kat Gap gold project located in Western Australia. The company was formerly known as Broad Resources Limited and changed its name to Classic Minerals Limited in 2007. Classic Minerals Limited was incorporated in 200… Read more