Thunderbird Resources Ltd (THB) - Cash Flow Conversion Efficiency

Latest as of December 2023: -0.045x

Based on the latest financial reports, Thunderbird Resources Ltd (THB) has a cash flow conversion efficiency ratio of -0.045x 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$-630.66K ≈ $-446.23K USD) by net assets (AU$13.89 Million ≈ $9.83 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See THB net asset quality index to measure how much of total assets are equity-financed.

Thunderbird Resources Ltd - Cash Flow Conversion Efficiency Trend (1998–2023)

This chart illustrates how Thunderbird Resources Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check earnings quality score of Thunderbird Resources Ltd to evaluate the quality of earnings relative to operating cash generation.

Thunderbird Resources Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Thunderbird Resources Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
GreenOak Spain Holdings SOCIMI S.A. MC:YGO2	N/A
Trainline Plc LSE:TRN	0.441x
Close the Loop Ltd AU:CLG	0.019x
Complii Fintech Solutions Ltd AU:CF1	-0.119x
Dataworks Group Ltd AU:DWG	-0.337x
Vroom, Inc. NASDAQ:VRMMQ	0.715x
Country Heights Holdings Bhd KLSE:5738	0.005x
authID Inc. NASDAQ:AUID	-0.382x

Annual Cash Flow Conversion Efficiency for Thunderbird Resources Ltd (1998–2023)

The table below shows the annual cash flow conversion efficiency of Thunderbird Resources Ltd from 1998 to 2023. For the full company profile with market capitalisation and key ratios, see Thunderbird Resources Ltd market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2023-06-30	AU$12.66 Million ≈ $8.96 Million	AU$-1.15 Million ≈ $-814.86K	-0.091x	+10.86%
2022-06-30	AU$13.72 Million ≈ $9.70 Million	AU$-1.40 Million ≈ $-990.04K	-0.102x	-10.05%
2021-06-30	AU$6.52 Million ≈ $4.62 Million	AU$-604.69K ≈ $-427.86K	-0.093x	+88.65%
2020-06-30	AU$1.02 Million ≈ $721.70K	AU$-833.25K ≈ $-589.58K	-0.817x	-240.77%
2019-06-30	AU$4.67 Million ≈ $3.30 Million	AU$-1.12 Million ≈ $-792.15K	-0.240x	+37.18%
2018-06-30	AU$4.31 Million ≈ $3.05 Million	AU$-1.65 Million ≈ $-1.17 Million	-0.382x	+17.76%
2017-06-30	AU$4.11 Million ≈ $2.91 Million	AU$-1.91 Million ≈ $-1.35 Million	-0.464x	-262.30%
2016-06-30	AU$-911.90K ≈ $-645.23K	AU$-260.74K ≈ $-184.49K	0.286x	+127.28%
2015-06-30	AU$267.87K ≈ $189.54K	AU$-280.80K ≈ $-198.68K	-1.048x	-255.42%
2014-06-30	AU$3.60 Million ≈ $2.55 Million	AU$-1.06 Million ≈ $-751.86K	-0.295x	-437.36%
2013-06-30	AU$35.23 Million ≈ $24.93 Million	AU$-1.93 Million ≈ $-1.37 Million	-0.055x	+25.44%
2012-06-30	AU$27.58 Million ≈ $19.51 Million	AU$-2.03 Million ≈ $-1.44 Million	-0.074x	-45.64%
2011-06-30	AU$15.95 Million ≈ $11.29 Million	AU$-806.35K ≈ $-570.55K	-0.051x	+89.65%
2010-06-30	AU$3.56 Million ≈ $2.52 Million	AU$-1.74 Million ≈ $-1.23 Million	-0.488x	-107.53%
2008-06-30	AU$-30.71 Million ≈ $-21.73 Million	AU$-199.28 Million ≈ $-141.00 Million	6.489x	+1867.67%
2007-06-30	AU$-224.51 Million ≈ $-158.85 Million	AU$-74.04 Million ≈ $-52.39 Million	0.330x	+116.05%
2006-06-30	AU$-172.20 Million ≈ $-121.84 Million	AU$-26.29 Million ≈ $-18.60 Million	0.153x	+167.52%
2005-06-30	AU$21.52 Million ≈ $15.23 Million	AU$-4.87 Million ≈ $-3.44 Million	-0.226x	-75.79%
2004-06-30	AU$29.36 Million ≈ $20.78 Million	AU$-3.78 Million ≈ $-2.67 Million	-0.129x	+58.18%
2003-06-30	AU$11.38 Million ≈ $8.05 Million	AU$-3.50 Million ≈ $-2.48 Million	-0.308x	-74.36%
2002-06-30	AU$9.76 Million ≈ $6.91 Million	AU$-1.72 Million ≈ $-1.22 Million	-0.176x	+36.32%
2001-06-30	AU$8.68 Million ≈ $6.14 Million	AU$-2.40 Million ≈ $-1.70 Million	-0.277x	-266.24%
2000-06-30	AU$11.07 Million ≈ $7.83 Million	AU$-836.88K ≈ $-592.14K	-0.076x	-21.23%
1999-06-30	AU$7.61 Million ≈ $5.38 Million	AU$-474.51K ≈ $-335.74K	-0.062x	-46.41%
1998-06-30	AU$8.03 Million ≈ $5.68 Million	AU$-341.98K ≈ $-241.97K	-0.043x	--

About Thunderbird Resources Ltd

AU:THB Australia Other Precious Metals & Mining

Market Cap

$11.41 Million

AU$16.13 Million AUD

Market Cap Rank

#26785 Global

#1259 in Australia

Share Price

AU$0.03

Change (1 day)

+0.00%

52-Week Range

AU$0.01 - AU$0.03

All Time High

AU$1.05