Firetail Resources Ltd (FTL) - Cash Flow Conversion Efficiency
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.
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. Read debt load of Firetail Resources Ltd for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Eagle Capital Growth Fund Inc
NYSE MKT:GRF
|
-0.148x |
|
NetSol Technologies Inc
NASDAQ:NTWK
|
-0.113x |
|
Duckshin Housing Co. Ltd
KQ:090410
|
-0.004x |
|
eHealth Inc
NASDAQ:EHTH
|
-0.037x |
|
DT Cloud Star Acquisition Corporation Ordinary Shares
NASDAQ:DTSQ
|
-0.001x |
|
Tondo Smart Ltd
TA:TNDO
|
0.261x |
|
Ajinextek Co. Ltd
KQ:059120
|
0.027x |
|
Jindalee Lithium Ltd
AU:JLL
|
-0.060x |
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
Firetail Resources Limited engages in the acquisition and exploration of resource projects in Australia, Peru, and Canada. It explores for copper, zinc, rubidium, lithium, gold, silver, nickel, cobalt, lead, molybdenum, and manganese. The company also has an option agreement to acquire 80% interest in the York Harbour project that consists of 189 mineral claims totaling an area of approximately 4… Read more