Firetail Resources Ltd (FTL) - Cash Flow Conversion Efficiency

Latest as of December 2024: -0.038x

Based on the latest financial reports, Firetail Resources Ltd (FTL) has a cash flow conversion efficiency ratio of -0.038x 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$-1.02 Million ≈ $-721.61K USD) by net assets (AU$26.94 Million ≈ $19.06 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 Firetail Resources Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Firetail Resources Ltd - Cash Flow Conversion Efficiency Trend (2022–2024)

This chart illustrates how Firetail Resources Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Firetail Resources Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Firetail Resources Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
ALPHA EXPLORATION LTD F:J0C	-0.010x
RAIZ Invest Ltd AU:RZI	0.054x
Ecoplastic Corporation KQ:038110	0.021x
Lohakit Metal Public Company Limited BK:LHK	0.043x
Connexa Sports Technologies Inc. NASDAQ:YYAI	-0.186x
Zaklady Magnezytowe Ropczyce S.A. WAR:RPC	-0.006x
SIFCO Industries Inc NYSE MKT:SIF	0.209x
LPS Brasil - Consultoria de Imóveis S.A SA:LPSB3	0.085x

Annual Cash Flow Conversion Efficiency for Firetail Resources Ltd (2022–2024)

The table below shows the annual cash flow conversion efficiency of Firetail Resources Ltd from 2022 to 2024. For the full company profile with market capitalisation and key ratios, see how much is Firetail Resources Ltd worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-06-30	AU$21.37 Million ≈ $15.12 Million	AU$-889.59K ≈ $-629.44K	-0.042x	+18.51%
2023-06-30	AU$13.99 Million ≈ $9.90 Million	AU$-714.55K ≈ $-505.59K	-0.051x	-42.80%
2022-06-30	AU$14.88 Million ≈ $10.53 Million	AU$-532.23K ≈ $-376.58K	-0.036x	--

About Firetail Resources Ltd

AU:FTL Australia Other Precious Metals & Mining

Market Cap

$40.98 Million

AU$57.92 Million AUD

Market Cap Rank

#22705 Global

#831 in Australia

Share Price

AU$0.13

Change (1 day)

+0.00%

52-Week Range

AU$0.07 - AU$0.13

All Time High

AU$0.41