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. See HLX defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
Azevedo & Travassos S.A
SA:AZEV3
|
0.195x |
|
Northern Shield Resources Inc.
V:NRN
|
-0.115x |
|
Brilliant Future AB
ST:BRILL
|
-0.207x |
|
Weststar Industrial Ltd
AU:WSI
|
-0.175x |
|
Boutique Newcity Public Company Limited
BK:BTNC
|
-0.009x |
|
Biomerica Inc
NASDAQ:BMRA
|
-0.377x |
|
Rectifier Technologies Ltd
AU:RFT
|
-0.072x |
|
Heliospectra publ AB
ST:HELIO
|
-1.246x |
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.