Korab Resources Ltd Cash Flow Conversion Efficiency

Latest as of June 2024: -0.163x

Korab Resources Ltd cash flow conversion efficiency. 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.

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

Cash flow conversion efficiency of Korab Resources Ltd from 2013 to 2024. This chart illustrates how Korab Resources Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View KOR share price today for real-time trading data and today's change.

Korab Resources Ltd Cash Flow Conversion Ratio Explained

Korab Resources 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.

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. Also see how much is Korab Resources Ltd worth for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Signing Day Sports, Inc. NYSE MKT:SGN	60.761x
Frontier Developments Plc LSE:FDEV	0.241x
Agereh Technologies Inc V:AUTO	0.039x
Chatham Rock Phosphate Ltd V:NZP	-0.023x
Siti Networks Limited NSE:SITINET	-0.072x
Shuttle Pharmaceuticals Inc NASDAQ:SHPH	-0.722x
Chakana Copper Corp V:PERU	-0.248x
ELEMENT NUTR.SCIENCES F:93X	0.014x

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. Review KOR free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.

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

#29998 Global

#1735 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