Trinex Minerals Ltd (TX3) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Trinex Minerals Ltd (TX3) has a cash flow conversion efficiency ratio of -0.213x as of December 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$-1.94 Million ≈ $-1.38 Million USD) by net assets (AU$9.11 Million ≈ $6.45 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 TX3 net asset quality score to measure how much of total assets are equity-financed.
Trinex Minerals Ltd - Cash Flow Conversion Efficiency Trend (2022–2024)
This chart illustrates how Trinex Minerals Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore Trinex Minerals Ltd (TX3) long-term investment share to see how much of total assets are deployed in long-term investments.
Trinex Minerals Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Trinex Minerals Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Curanex Pharmaceuticals Inc Common Stock
NASDAQ:CURX
|
-0.643x |
|
artec technologies AG
F:A6T
|
-0.014x |
|
Aurora Energy Metals Ltd
AU:1AE
|
0.261x |
|
THG Holdings PLC
LSE:THG
|
0.110x |
|
Corella Resources Ltd
AU:CR9
|
-0.129x |
|
Moatable Inc
NYSE:MTBLY
|
0.025x |
|
Metal Hawk Ltd
AU:MHK
|
-0.079x |
|
Starhedge SA
WAR:SHG
|
-0.004x |
Annual Cash Flow Conversion Efficiency for Trinex Minerals Ltd (2022–2024)
The table below shows the annual cash flow conversion efficiency of Trinex Minerals Ltd from 2022 to 2024. For the full company profile with market capitalisation and key ratios, see Trinex Minerals Ltd (TX3) market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-06-30 | AU$15.23 Million ≈ $10.78 Million |
AU$-3.57 Million ≈ $-2.53 Million |
-0.235x | +33.73% |
| 2023-06-30 | AU$8.65 Million ≈ $6.12 Million |
AU$-3.06 Million ≈ $-2.17 Million |
-0.354x | -6.54% |
| 2022-06-30 | AU$10.42 Million ≈ $7.37 Million |
AU$-3.46 Million ≈ $-2.45 Million |
-0.332x | -- |
About Trinex Minerals Ltd
Trinex Minerals Limited engages in exploration and evaluation of mineral resources in Australia and Canada. The company explores for gold, uranium, lithium, copper, zinc, lead, nickel, base, and precious metals deposits. It holds interest in the Halo-Yuri lithium project comprising of 37 contiguous claims and covers an area of 450 square kilometers located near northeast of Yellowknife; the Ross … Read more