Nickel X Limited

AU:NKL Australia Other Industrial Metals & Mining
Market Cap
$2.44 Million
AU$3.94 Million AUD
Market Cap Rank
#36973 Global
#1416 in Australia
Share Price
AU$0.02
Change (1 day)
+0.00%
52-Week Range
AU$0.02 - AU$0.02
All Time High
AU$0.25
About

NickelX Limited, a mining exploration company, focuses on exploring nickel deposits in Western Australia. It explores for copper, cobalt, and gold. The company holds interest in the Biranup project covering an area of 342 square kilometers and six exploration licenses located in the Albany Fraser, Western Australia. In addition, it holds interest in the Dalwallinu project covering an area of 86 s… Read more

Nickel X Limited (NKL) - Cash Flow Conversion Efficiency

Latest cash flow conversion efficiency as of December 2023: -0.235x

Based on the latest financial reports, Nickel X Limited (NKL) has a cash flow conversion efficiency ratio of -0.235x as of December 2023.

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$-872.14K) by net assets (AU$3.70 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Nickel X Limited - Cash Flow Conversion Efficiency Trend (2018–2022)

This chart illustrates how Nickel X Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.

Nickel X Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Nickel X Limited ranked by their cash flow conversion efficiency.

Annual Cash Flow Conversion Efficiency for Nickel X Limited (2018–2022)

The table below shows the annual cash flow conversion efficiency of Nickel X Limited from 2018 to 2022.

Year Net Assets Operating Cash Flow Cash Flow Conversion Efficiency Change
2022-12-31 AU$4.64 Million AU$-1.79 Million -0.385x +45.25%
2021-12-31 AU$4.40 Million AU$-3.10 Million -0.704x -444.97%
2020-12-31 AU$7.43 Million AU$-959.52K -0.129x -102.62%
2019-12-31 AU$-13.81K AU$-67.99K 4.922x +248.19%
2018-12-31 AU$25.00K AU$-83.04K -3.321x --