Lycaon Resources Ltd (LYN) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Lycaon Resources Ltd (LYN) has a cash flow conversion efficiency ratio of -0.022x 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$-156.95K ≈ $-111.05K USD) by net assets (AU$7.11 Million ≈ $5.03 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Lycaon Resources Ltd - Cash Flow Conversion Efficiency Trend (2021–2024)
This chart illustrates how Lycaon Resources Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read LYN total debt and obligations for a breakdown of total debt and financial obligations.
Lycaon Resources Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Lycaon Resources Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Soco Corporation Ltd
AU:SOC
|
-0.288x |
|
Mecanica Sa Ce
RO:MECF
|
N/A |
|
Rapid Nutrition PLC
PA:ALRPD
|
-1.217x |
|
EMU NL
AU:EMU
|
-0.047x |
|
Tarena International Inc
NASDAQ:TCTM
|
N/A |
|
Crown Confectionery Co Ltd Pref
KO:26490K
|
-0.003x |
|
BioNexus Gene Lab Corp Common stock
NASDAQ:BGLC
|
-0.181x |
|
Permaju Industries Bhd
KLSE:7080
|
-0.004x |
Annual Cash Flow Conversion Efficiency for Lycaon Resources Ltd (2021–2024)
The table below shows the annual cash flow conversion efficiency of Lycaon Resources Ltd from 2021 to 2024. For the full company profile with market capitalisation and key ratios, see LYN company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-06-30 | AU$7.11 Million ≈ $5.03 Million |
AU$-408.10K ≈ $-288.76K |
-0.057x | +50.38% |
| 2023-06-30 | AU$3.90 Million ≈ $2.76 Million |
AU$-450.91K ≈ $-319.05K |
-0.116x | +14.45% |
| 2022-06-30 | AU$5.50 Million ≈ $3.89 Million |
AU$-743.44K ≈ $-526.03K |
-0.135x | -999.58% |
| 2021-06-30 | AU$4.81 Million ≈ $3.40 Million |
AU$-59.13K ≈ $-41.84K |
-0.012x | -- |
About Lycaon Resources Ltd
Solara Minerals Ltd operates as a mineral exploration company in Australia. It primarily explores for gold, nickel, copper, cobalt, Niobium, Lithium, iron oxide, and platinum group elements. Solara Minerals Ltd was formerly known as Lycaon Resources Limited and changed its name to Solara Minerals Ltd in March, 2025. Solara Minerals Ltd was incorporated in 2021 and is based in Perth, Australia.