HELIX Resources Ltd (HLX) - Cash Flow Conversion Efficiency
Based on the latest financial reports, HELIX Resources Ltd (HLX) has a cash flow conversion efficiency ratio of -0.027x as of December 2025. 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$-574.24K ≈ $-406.31K USD) by net assets (AU$21.35 Million ≈ $15.11 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
HELIX Resources Ltd - Cash Flow Conversion Efficiency Trend (1993–2025)
This chart illustrates how HELIX Resources Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read HELIX Resources Ltd balance sheet liabilities for a breakdown of total debt and financial obligations.
HELIX Resources Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of HELIX Resources Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
BlackRock Frontiers Investment Trust plc
LSE:BRFI
|
0.027x |
|
Azitra Inc
NYSE MKT:AZTR
|
-0.761x |
|
Marston’s PLC
LSE:MARS
|
0.097x |
|
Abits Group Inc.
NASDAQ:ABTS
|
-0.059x |
|
QEM Ltd
AU:QEM
|
-0.341x |
|
NORTHSTAR GOLD CORP.
F:3WV
|
N/A |
|
Adamera Minerals Corp.
V:ADZ
|
-0.002x |
|
THALASSA HLDG.NEW DL-01
F:TH2P
|
N/A |
Annual Cash Flow Conversion Efficiency for HELIX Resources Ltd (1993–2025)
The table below shows the annual cash flow conversion efficiency of HELIX Resources Ltd from 1993 to 2025. For the full company profile with market capitalisation and key ratios, see market value of HELIX Resources Ltd.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-06-30 | AU$20.11 Million ≈ $14.23 Million |
AU$-1.35 Million ≈ $-952.32K |
-0.067x | -34.22% |
| 2024-06-30 | AU$21.27 Million ≈ $15.05 Million |
AU$-1.06 Million ≈ $-750.16K |
-0.050x | +7.82% |
| 2023-06-30 | AU$19.83 Million ≈ $14.03 Million |
AU$-1.07 Million ≈ $-758.70K |
-0.054x | -0.55% |
| 2022-06-30 | AU$27.56 Million ≈ $19.50 Million |
AU$-1.48 Million ≈ $-1.05 Million |
-0.054x | +15.71% |
| 2021-06-30 | AU$17.30 Million ≈ $12.24 Million |
AU$-1.10 Million ≈ $-781.24K |
-0.064x | +4.49% |
| 2020-06-30 | AU$9.90 Million ≈ $7.01 Million |
AU$-661.72K ≈ $-468.21K |
-0.067x | +8.96% |
| 2019-06-30 | AU$9.18 Million ≈ $6.49 Million |
AU$-673.44K ≈ $-476.50K |
-0.073x | +42.73% |
| 2018-06-30 | AU$8.93 Million ≈ $6.32 Million |
AU$-1.14 Million ≈ $-809.79K |
-0.128x | -227.21% |
| 2017-06-30 | AU$8.12 Million ≈ $5.74 Million |
AU$-317.91K ≈ $-224.94K |
-0.039x | +4.51% |
| 2016-06-30 | AU$12.25 Million ≈ $8.67 Million |
AU$-502.44K ≈ $-355.51K |
-0.041x | -367.44% |
| 2015-06-30 | AU$12.30 Million ≈ $8.70 Million |
AU$-107.93K ≈ $-76.37K |
-0.009x | -205.61% |
| 2014-06-30 | AU$16.13 Million ≈ $11.42 Million |
AU$134.02K ≈ $94.83K |
0.008x | -46.37% |
| 2013-06-30 | AU$17.33 Million ≈ $12.26 Million |
AU$268.43K ≈ $189.93K |
0.015x | +213.44% |
| 2012-06-30 | AU$14.34 Million ≈ $10.14 Million |
AU$-195.78K ≈ $-138.53K |
-0.014x | +36.44% |
| 2011-06-30 | AU$14.84 Million ≈ $10.50 Million |
AU$-318.75K ≈ $-225.54K |
-0.021x | -86.24% |
| 2010-06-30 | AU$10.17 Million ≈ $7.19 Million |
AU$-117.28K ≈ $-82.98K |
-0.012x | -129.62% |
| 2009-06-30 | AU$18.32 Million ≈ $12.96 Million |
AU$-92.03K ≈ $-65.12K |
-0.005x | +78.36% |
| 2008-06-30 | AU$20.18 Million ≈ $14.28 Million |
AU$-468.40K ≈ $-331.43K |
-0.023x | +29.73% |
| 2007-06-30 | AU$12.81 Million ≈ $9.07 Million |
AU$-423.20K ≈ $-299.44K |
-0.033x | +55.32% |
| 2006-06-30 | AU$10.22 Million ≈ $7.23 Million |
AU$-755.29K ≈ $-534.41K |
-0.074x | -53.13% |
| 2005-06-30 | AU$13.25 Million ≈ $9.38 Million |
AU$-639.68K ≈ $-452.61K |
-0.048x | +60.47% |
| 2004-06-30 | AU$12.59 Million ≈ $8.91 Million |
AU$-1.54 Million ≈ $-1.09 Million |
-0.122x | -42.43% |
| 2003-06-30 | AU$14.77 Million ≈ $10.45 Million |
AU$-1.27 Million ≈ $-895.98K |
-0.086x | -95.88% |
| 2002-06-30 | AU$17.26 Million ≈ $12.21 Million |
AU$-755.46K ≈ $-534.54K |
-0.044x | -21.32% |
| 2001-06-30 | AU$14.39 Million ≈ $10.18 Million |
AU$-519.16K ≈ $-367.34K |
-0.036x | -24.23% |
| 2000-06-30 | AU$11.81 Million ≈ $8.36 Million |
AU$-343.14K ≈ $-242.79K |
-0.029x | -69.18% |
| 1999-06-30 | AU$17.91 Million ≈ $12.67 Million |
AU$-307.44K ≈ $-217.53K |
-0.017x | +34.80% |
| 1998-06-30 | AU$22.00 Million ≈ $15.57 Million |
AU$-579.34K ≈ $-409.92K |
-0.026x | +40.66% |
| 1996-06-30 | AU$9.87 Million ≈ $6.98 Million |
AU$-438.00K ≈ $-309.91K |
-0.044x | -758.96% |
| 1995-06-30 | AU$9.68 Million ≈ $6.85 Million |
AU$-50.00K ≈ $-35.38K |
-0.005x | +65.57% |
| 1994-06-30 | AU$7.66 Million ≈ $5.42 Million |
AU$-115.00K ≈ $-81.37K |
-0.015x | +69.24% |
| 1993-06-30 | AU$4.90 Million ≈ $3.47 Million |
AU$-239.00K ≈ $-169.11K |
-0.049x | -- |
About HELIX Resources Ltd
Helix Resources Limited engages in the mineral exploration business in Australia. It explores for copper, gold, iron ore, nickel, cobalt, and other base metals. The company was incorporated in 1985 and is based in Perth, Australia.