Noble Helium Ltd
Noble Helium Limited engages in the exploration of helium projects in the United Republic of Tanzania. Its flagship project is the 100% owned the North Rukwa project with 12 granted prospecting licenses covering a combined area of approximately 1,467 square kilometers located in south-west Tanzania. Noble Helium Limited was incorporated in 2015 and is based in Perth, Australia.
Noble Helium Ltd (NHE) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2025: -0.026x
Based on the latest financial reports, Noble Helium Ltd (NHE) has a cash flow conversion efficiency ratio of -0.026x 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$-988.24K) by net assets (AU$37.82 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Noble Helium Ltd - Cash Flow Conversion Efficiency Trend (2019–2025)
This chart illustrates how Noble Helium 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.
Noble Helium Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Noble Helium Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
PIONEER MEDIA HOLDINGS
F:6NU
|
N/A |
|
Lipum AB
ST:LIPUM
|
1.465x |
|
Nureca Limited
NSE:NURECA
|
0.022x |
|
Equites Property Fund Ltd
JSE:EQU
|
0.035x |
|
Levinstein Eng
TA:LEVI
|
-0.015x |
|
Noble Finance Company
PINK:NBLWF
|
0.041x |
|
Repower Asia Indonesia PT
JK:REAL
|
-0.040x |
|
EPB Group Berhad
KLSE:0317
|
0.094x |
Annual Cash Flow Conversion Efficiency for Noble Helium Ltd (2019–2025)
The table below shows the annual cash flow conversion efficiency of Noble Helium Ltd from 2019 to 2025.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-06-30 | AU$37.82 Million | AU$-2.29 Million | -0.060x | +33.06% |
| 2024-06-30 | AU$44.78 Million | AU$-4.04 Million | -0.090x | +43.09% |
| 2023-06-30 | AU$21.03 Million | AU$-3.34 Million | -0.159x | -15.71% |
| 2022-06-30 | AU$10.52 Million | AU$-1.44 Million | -0.137x | +68.88% |
| 2021-06-30 | AU$281.47K | AU$-124.01K | -0.441x | +47.79% |
| 2020-06-30 | AU$449.32K | AU$-379.13K | -0.844x | +8.54% |
| 2019-06-30 | AU$186.29K | AU$-171.86K | -0.923x | -- |