Great Divide Mining Ltd Cash Flow Conversion Efficiency
Great Divide Mining Ltd cash flow conversion efficiency. Based on the latest financial reports, Great Divide Mining Ltd (GDM) has a cash flow conversion efficiency ratio of -0.092x 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$-301.95K ≈ $-213.65K USD) by net assets (AU$3.27 Million ≈ $2.32 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Great Divide Mining Ltd (2022–2024)
Cash flow conversion efficiency of Great Divide Mining Ltd from 2022 to 2024. This chart illustrates how Great Divide Mining Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Great Divide Mining Ltd (GDM) share price today for real-time trading data and today's change.
Great Divide Mining Ltd Cash Flow Conversion Ratio Explained
Great Divide Mining Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Great Divide Mining Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Great Divide Mining Ltd ranked by their cash flow conversion efficiency. Also see GDM market cap for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
UNITEDLABELS Aktiengesellschaft
F:ULC
|
0.048x |
|
Straker Ltd
AU:STG
|
-0.422x |
|
AS Latvijas Juras medicinas centrs
MU:UOM
|
-0.098x |
|
Prime Dividend Corp
TO:PDV
|
0.094x |
|
Eko Export SA
WAR:EEX
|
-0.017x |
|
Filtronic
LSE:FTC
|
0.330x |
|
Union Technologies Informatique Group S.A
PA:FPG
|
-1.424x |
|
TROY MINERALS INC.
F:VJ3
|
N/A |
Annual Cash Flow Conversion Efficiency for Great Divide Mining Ltd (2022–2024)
The table below shows the annual cash flow conversion efficiency of Great Divide Mining Ltd from 2022 to 2024. Review GDM financial flexibility score to assess the company's free cash flow relative to its total liabilities.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-06-30 | AU$3.58 Million ≈ $2.53 Million |
AU$-1.30 Million ≈ $-921.86K |
-0.364x | -163.50% |
| 2023-06-30 | AU$-971.25K ≈ $-687.22K |
AU$-556.31K ≈ $-393.62K |
0.573x | -37.32% |
| 2022-06-30 | AU$-120.80K ≈ $-85.47K |
AU$-110.38K ≈ $-78.10K |
0.914x | -- |
About Great Divide Mining Ltd
Great Divide Mining Ltd engages in the exploration and development of mineral resource properties in Australia. The company primarily explores for gold, antimony, copper, and lithium and rare earth metal deposits. Great Divide Mining Ltd was incorporated in 2021 and is headquartered in Brisbane, Australia.