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 Korab Resources Ltd balance sheet independence to measure how much of total assets are equity-financed.

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. Check Korab Resources Ltd cash earnings quality to evaluate the quality of earnings relative to operating cash generation.

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
Signing Day Sports, Inc. NYSE MKT:SGN	60.761x
Chatham Rock Phosphate Ltd V:NZP	-0.023x
Shuttle Pharmaceuticals Inc NASDAQ:SHPH	-0.722x
707 Cayman Holdings Limited Ordinary Shares NASDAQ:JEM	N/A
Ab Dynamics LSE:ABDP	0.032x
Jura Energy Corporation V:JEC	0.806x
Nilsson Special Vehicles publ AB ST:NILS	-0.959x
Sonovia Ltd TA:SONO	-1.025x

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 market value of Korab Resources Ltd.

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

#29950 Global

#1749 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