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. Also see Korab Resources Ltd (KOR) market capitalisation for the company's overall valuation and market capitalisation.

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. Explore how high is Korab Resources Ltd's earnings quality to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Signing Day Sports, Inc. NYSE MKT:SGN	60.761x
Agereh Technologies Inc V:AUTO	0.039x
Chatham Rock Phosphate Ltd V:NZP	-0.023x
707 Cayman Holdings Limited Ordinary Shares NASDAQ:JEM	N/A
Change Agents Corporation NASDAQ:CHGA	-0.069x
Brown Advisory US Smaller Companies PLC LSE:BASC	-0.002x
Proven Vct PLC LSE:PVN	-0.008x
Klarsen SA PA:ALKLA	0.061x

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. View KOR stock price for real-time trading data and today's change.

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

#30063 Global

#1751 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