Verity Resources Ltd
Verity Resources Limited, together with its subsidiaries, engages in the acquisition, exploration, and development of mineral resources in Australia and Botswana. The company primarily explores for nickel, copper, cobalt, gold, silver, platinum group, and rare earth elements. Its flagship project, the Monument gold project, comprises approximately 195 square kilometers of prospective tenure locat… Read more
Verity Resources Ltd (VRL) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: -1.138x
Based on the latest financial reports, Verity Resources Ltd (VRL) has a cash flow conversion efficiency ratio of -1.138x as of June 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$-1.66 Million) by net assets (AU$1.46 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Verity Resources Ltd - Cash Flow Conversion Efficiency Trend (1991–2024)
This chart illustrates how Verity Resources Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Verity Resources Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Verity Resources Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Eastern International Ltd.
NASDAQ:ELOG
|
0.025x |
|
Sieu Thanh JSC
VN:ST8
|
N/A |
|
Emira Property Fund
JSE:EMI
|
0.008x |
|
Zelan Bhd
KLSE:2283
|
-0.271x |
|
Thuan An Wood Processing JSC
VN:GTA
|
N/A |
|
SPDR Gold Shares
BE:GQ9
|
N/A |
|
Taura Gold Inc
V:TORA
|
-0.153x |
|
BC Moly Ltd.
V:BM
|
0.005x |
Annual Cash Flow Conversion Efficiency for Verity Resources Ltd (1991–2024)
The table below shows the annual cash flow conversion efficiency of Verity Resources Ltd from 1991 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-06-30 | AU$1.46 Million | AU$-4.33 Million | -2.960x | -6.88% |
| 2023-06-30 | AU$660.29K | AU$-1.83 Million | -2.769x | -351.48% |
| 2022-06-30 | AU$10.58 Million | AU$-6.49 Million | -0.613x | -14.56% |
| 2021-06-30 | AU$4.46 Million | AU$-2.39 Million | -0.535x | +48.40% |
| 2020-06-30 | AU$729.71K | AU$-757.12K | -1.038x | -22.54% |
| 2019-06-30 | AU$1.09 Million | AU$-923.03K | -0.847x | +13.14% |
| 2018-06-30 | AU$1.90 Million | AU$-1.86 Million | -0.975x | -1047.51% |
| 2017-06-30 | AU$6.57 Million | AU$-558.04K | -0.085x | +29.14% |
| 2016-06-30 | AU$7.49 Million | AU$-898.44K | -0.120x | -70.84% |
| 2015-06-30 | AU$7.51 Million | AU$-527.16K | -0.070x | +4.34% |
| 2014-06-30 | AU$7.59 Million | AU$-556.92K | -0.073x | +34.04% |
| 2013-06-30 | AU$7.29 Million | AU$-810.55K | -0.111x | +18.42% |
| 2012-06-30 | AU$9.09 Million | AU$-1.24 Million | -0.136x | -23.26% |
| 2011-06-30 | AU$9.39 Million | AU$-1.04 Million | -0.111x | -100.51% |
| 2010-06-30 | AU$9.50 Million | AU$205.99 Million | 21.674x | +20.13% |
| 2009-06-30 | AU$10.40 Million | AU$187.58 Million | 18.041x | +711789.44% |
| 2008-06-30 | AU$732.76 Million | AU$1.86 Million | 0.003x | +102.06% |
| 2007-06-30 | AU$585.75 Million | AU$-72.05 Million | -0.123x | -155.11% |
| 2006-06-30 | AU$590.33 Million | AU$131.74 Million | 0.223x | +326.16% |
| 2005-06-30 | AU$771.76 Million | AU$40.41 Million | 0.052x | -82.62% |
| 2004-06-30 | AU$948.72 Million | AU$285.81 Million | 0.301x | +91.06% |
| 2002-06-30 | AU$1.20 Billion | AU$189.47 Million | 0.158x | +4.57% |
| 2001-06-30 | AU$1.23 Billion | AU$184.76 Million | 0.151x | +157.93% |
| 1997-06-30 | AU$830.20 Million | AU$48.54 Million | 0.058x | -25.35% |
| 1996-06-30 | AU$755.00 Million | AU$59.13 Million | 0.078x | -33.73% |
| 1995-06-30 | AU$479.59 Million | AU$56.68 Million | 0.118x | -30.28% |
| 1994-06-30 | AU$198.53 Million | AU$33.65 Million | 0.169x | -36.89% |
| 1993-06-30 | AU$127.33 Million | AU$34.20 Million | 0.269x | +297.35% |
| 1992-06-30 | AU$81.68 Million | AU$-11.12 Million | -0.136x | +32.38% |
| 1991-06-30 | AU$48.42 Million | AU$-9.74 Million | -0.201x | -- |