Latitude 66 Ltd
Latitude 66 Limited engages in exploration and development of gold and base metals mineral resources in Finland and Australia. The company also explores for cobalt deposits. Its flagship project is the Kuusamo Schist Belt Project located in Finland. Latitude 66 Limited is based in West Perth, Australia.
Latitude 66 Ltd (LAT) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2025: -0.073x
Based on the latest financial reports, Latitude 66 Ltd (LAT) has a cash flow conversion efficiency ratio of -0.073x as of June 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$-1.25 Million) by net assets (AU$17.02 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Latitude 66 Ltd - Cash Flow Conversion Efficiency Trend (2021–2025)
This chart illustrates how Latitude 66 Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Latitude 66 Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Latitude 66 Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Madison Metals Inc.
OTCQB:MMTLF
|
-0.113x |
|
Morien Resources Corp
PINK:APMCF
|
1.419x |
|
CARTIER SILVER CORP
F:2CI0
|
N/A |
|
Educational Development Corporation
NASDAQ:EDUC
|
0.055x |
|
Micro Leasing Public Company Limited
BK:MICRO
|
0.160x |
|
Rifa Ind
KO:000760
|
0.005x |
|
InterServ International Inc.
TWO:6169
|
-0.015x |
|
Olidata S.p.A.
F:OL40
|
N/A |
Annual Cash Flow Conversion Efficiency for Latitude 66 Ltd (2021–2025)
The table below shows the annual cash flow conversion efficiency of Latitude 66 Ltd from 2021 to 2025.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-06-30 | AU$17.02 Million | AU$-1.89 Million | -0.111x | +63.43% |
| 2023-06-30 | AU$9.88 Million | AU$-3.00 Million | -0.303x | +7.41% |
| 2022-06-30 | AU$7.64 Million | AU$-2.50 Million | -0.328x | -23.15% |
| 2021-06-30 | AU$8.31 Million | AU$-2.21 Million | -0.266x | -- |