Korab Resources Ltd (KOR) - Cash Flow Conversion Efficiency

Latest as of June 2024: -0.163x

Based on the latest financial reports, Korab Resources Ltd (KOR) has a cash flow conversion efficiency ratio of -0.163x as of June 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$-25.35K ≈ $-17.94K USD) by net assets (AU$155.70K ≈ $110.16K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See how many days can Korab Resources Ltd fund operations to measure how many days the company can operate on defensive assets alone.

Korab Resources Ltd - Cash Flow Conversion Efficiency Trend (2013–2024)

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

Korab Resources Ltd Competitors by Cash Flow Conversion Efficiency

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

Company	Cash Flow Conversion Efficiency
BATHURST METALS CORP. F:J1Q0	-0.113x
Signing Day Sports, Inc. NYSE MKT:SGN	60.761x
707 Cayman Holdings Limited Ordinary Shares NASDAQ:JEM	N/A
Nextferm Technologies Ltd TA:NXFR	N/A
Baillie Gifford China Growth Trust PLC LSE:BGCG	-0.002x
Keystone Law Group PLC LSE:KEYS	0.375x
Majedie Investments LSE:MAJE	0.008x
Starbreeze AB (publ) ST:STAR-A	-0.015x

Annual Cash Flow Conversion Efficiency for Korab Resources Ltd (2013–2024)

The table below shows the annual cash flow conversion efficiency of Korab Resources Ltd from 2013 to 2024. For the full company profile with market capitalisation and key ratios, see Korab Resources Ltd (KOR) market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-06-30	AU$155.70K ≈ $110.16K	AU$-86.11K ≈ $-60.93K	-0.553x	-548.03%
2023-06-30	AU$1.09 Million ≈ $769.68K	AU$-92.84K ≈ $-65.69K	-0.085x	-21.77%
2022-06-30	AU$2.45 Million ≈ $1.73 Million	AU$-171.56K ≈ $-121.39K	-0.070x	-142.00%
2021-06-30	AU$1.25 Million ≈ $883.26K	AU$208.31K ≈ $147.39K	0.167x	+447.70%
2020-06-30	AU$1.78 Million ≈ $1.26 Million	AU$-85.38K ≈ $-60.41K	-0.048x	+69.22%
2019-06-30	AU$1.70 Million ≈ $1.20 Million	AU$-265.49K ≈ $-187.85K	-0.156x	-81.22%
2018-06-30	AU$1.99 Million ≈ $1.41 Million	AU$-171.56K ≈ $-121.39K	-0.086x	+54.04%
2017-06-30	AU$1.97 Million ≈ $1.40 Million	AU$-369.58K ≈ $-261.50K	-0.187x	+65.47%
2016-06-30	AU$958.97K ≈ $678.53K	AU$-519.80K ≈ $-367.79K	-0.542x	-61.57%
2015-06-30	AU$1.08 Million ≈ $766.60K	AU$-363.48K ≈ $-257.18K	-0.335x	+76.62%
2014-06-30	AU$809.31K ≈ $572.64K	AU$-1.16 Million ≈ $-821.65K	-1.435x	-598.95%
2013-06-30	AU$5.06 Million ≈ $3.58 Million	AU$-1.04 Million ≈ $-734.31K	-0.205x	--

About Korab Resources Ltd

AU:KOR Australia Other Industrial Metals & Mining

Market Cap

$2.08 Million

AU$2.94 Million AUD

Market Cap Rank

#29928 Global

#1757 in Australia

Share Price

AU$0.01

Change (1 day)

+0.00%

52-Week Range

AU$0.01 - AU$0.01

All Time High

AU$0.10