Nickel X Limited
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
PCI BIOTECH ASA NK 3
F:4QG
|
N/A |
|
OCI COMPANY (NEW)
KQ:456040
|
N/A |
|
NEW YORK TIMES -A- - Dusseldorf Stock Exchang
DU:NYT
|
0.068x |
|
Barratt Redrow plc
LSE:BTRW
|
-0.043x |
|
FINMECCANICA - Dusseldorf Stock Exchang
DU:FMNB
|
0.046x |
|
Vastra Hamnens Restaurangdrift Ab
ST:VH
|
-0.325x |
|
TRIMBLE NAVIGATION
BE:TB5
|
0.022x |
|
Union Technologies Informatique Group S.A
PA:FPG
|
-1.424x |
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 | -- |