Trinex Minerals Ltd Cash Flow Conversion Efficiency
Trinex Minerals Ltd 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.
Cash Flow Conversion Efficiency of Trinex Minerals Ltd (2022–2024)
Cash flow conversion efficiency of Trinex Minerals Ltd from 2022 to 2024. This chart illustrates how Trinex Minerals Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Trinex Minerals Ltd share price for real-time trading data and today's change.
Trinex Minerals Ltd Cash Flow Conversion Ratio Explained
Trinex Minerals Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see market cap of Trinex Minerals Ltd for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Hong Kong Pharma Digital Technology Holdings Limited Ordinary shares
NASDAQ:HKPD
|
-0.053x |
|
Strategic Energy Resources Limited
F:EB8
|
-0.012x |
|
Farlim Group (Malaysia) Bhd
KLSE:6041
|
-0.019x |
|
Transocean Holdings Bhd
KLSE:7218
|
-0.015x |
|
Kukil Metal Co. Ltd
KQ:060480
|
-0.074x |
|
Identi Healthcare Ltd
TA:IDNT
|
-0.437x |
|
Solteq PLC
HE:SOLTEQ
|
-0.024x |
|
Ashtead Technology Holdings PLC
LSE:AT
|
0.233x |
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. Review TX3 free cash flow debt coverage to assess the company's free cash flow relative to its total liabilities.
| 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