ASANKO GOLD
ASANKO GOLD operates in Diversified Metals & Mining.
ASANKO GOLD (B7U) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 0.019x
Based on the latest financial reports, ASANKO GOLD (B7U) has a cash flow conversion efficiency ratio of 0.019x 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 (€4.46 Million) by net assets (€240.60 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
ASANKO GOLD - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how ASANKO GOLD's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
ASANKO GOLD Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of ASANKO GOLD ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Optec International Inc
PINK:OPTI
|
0.292x |
|
byNordic Acquisition Corporation Warrant
PINK:BYNOW
|
0.136x |
|
Reliq Health Technologies Inc
PINK:RQHTF
|
0.000x |
|
Shringar House of Mangalsutra Limited
NSE:SHRINGARMS
|
N/A |
|
STHREE
BE:S8T
|
N/A |
|
Automatyka Pomiary Sterowanie SA
WAR:APS
|
N/A |
|
Pakistan Oilfields Ltd
KAR:POL
|
N/A |
|
Senkadagala Finance PLC
CM:SFCLN0000
|
N/A |
Annual Cash Flow Conversion Efficiency for ASANKO GOLD (2016–2023)
The table below shows the annual cash flow conversion efficiency of ASANKO GOLD from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €200.92 Million | €-3.63 Million | -0.018x | -276.10% |
| 2022-12-31 | €173.69 Million | €1.78 Million | 0.010x | +110.54% |
| 2021-12-31 | €132.76 Million | €-12.94 Million | -0.097x | -202.58% |
| 2020-12-31 | €198.88 Million | €-6.40 Million | -0.032x | +48.01% |
| 2019-12-31 | €141.26 Million | €-8.75 Million | -0.062x | -157.22% |
| 2018-12-31 | €308.84 Million | €33.43 Million | 0.108x | -62.24% |
| 2017-12-31 | €429.97 Million | €123.24 Million | 0.287x | +117.16% |
| 2016-12-31 | €416.43 Million | €54.96 Million | 0.132x | -- |