Latin Resources Ltd
Latin Resources Limited explores and develops mining projects in Australia, Peru, Argentina, and Brazil. The company primarily explores for lithium, copper, and gold deposits. Its flagship project is the Salinas Lithium project, which consists of approximately 38,000 hectares located in the district of Minas Gerais, Brazil. The company was incorporated in 2008 and is headquartered in West Leederv… Read more
Latin Resources Ltd (LRS) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: -0.012x
Based on the latest financial reports, Latin Resources Ltd (LRS) has a cash flow conversion efficiency ratio of -0.012x 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$-1.20 Million) by net assets (AU$103.65 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Latin Resources Ltd - Cash Flow Conversion Efficiency Trend (2008–2023)
This chart illustrates how Latin Resources 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.
Latin Resources Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Latin Resources Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Shenzhen Maxonic Auto Control
SHE:300112
|
0.015x |
|
JBM Auto Limited
NSE:JBMA
|
-0.225x |
|
Artis REIT
OTCQX:ARESF
|
0.018x |
|
Park Ohio Holdings Corp
NASDAQ:PKOH
|
0.045x |
|
ALTERRA PWR
F:9ME
|
N/A |
|
Aju IB Investment Co. Ltd
KQ:027360
|
0.013x |
|
G-Tech Optoelectronics Corp
TW:3149
|
-0.037x |
|
Beneteau SA
LSE:0K8N
|
0.016x |
Annual Cash Flow Conversion Efficiency for Latin Resources Ltd (2008–2023)
The table below shows the annual cash flow conversion efficiency of Latin Resources Ltd from 2008 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | AU$115.42 Million | AU$-3.77 Million | -0.033x | +49.83% |
| 2022-12-31 | AU$50.57 Million | AU$-3.29 Million | -0.065x | +50.99% |
| 2021-12-31 | AU$13.27 Million | AU$-1.76 Million | -0.133x | -36.40% |
| 2020-12-31 | AU$11.03 Million | AU$-1.07 Million | -0.097x | -109.93% |
| 2019-12-31 | AU$-736.82K | AU$-721.89K | 0.980x | +167.86% |
| 2018-12-31 | AU$1.36 Million | AU$-1.97 Million | -1.444x | -277.74% |
| 2017-12-31 | AU$5.16 Million | AU$-1.97 Million | -0.382x | -112.66% |
| 2016-12-31 | AU$3.68 Million | AU$-662.22K | -0.180x | +34.97% |
| 2015-12-31 | AU$4.96 Million | AU$-1.37 Million | -0.276x | -9114.07% |
| 2014-12-31 | AU$11.45 Million | AU$35.11K | 0.003x | +101.00% |
| 2013-12-31 | AU$12.21 Million | AU$-3.76 Million | -0.308x | -86.00% |
| 2012-12-31 | AU$14.47 Million | AU$-2.40 Million | -0.166x | +98.20% |
| 2011-12-31 | AU$1.04 Million | AU$-9.61 Million | -9.214x | -476.87% |
| 2010-12-31 | AU$3.46 Million | AU$-5.53 Million | -1.597x | -227.26% |
| 2009-12-31 | AU$-2.23 Million | AU$-2.80 Million | 1.255x | -25.47% |
| 2008-12-31 | AU$-881.76K | AU$-1.48 Million | 1.684x | -- |