Highfield Resources Ltd (23H) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Highfield Resources Ltd (23H) has a cash flow conversion efficiency ratio of -0.015x as of December 2022. 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 (€-2.25 Million ≈ $-2.63 Million USD) by net assets (€147.72 Million ≈ $172.70 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 Highfield Resources Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Highfield Resources Ltd - Cash Flow Conversion Efficiency Trend (2018–2021)
This chart illustrates how Highfield Resources Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Highfield Resources Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Highfield Resources Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
ARGO BLOCKCHAIN SP.ADR/10
F:0XP0
|
N/A |
|
Condor Energy Ltd
AU:CND
|
-0.099x |
|
ClearOne Inc
NASDAQ:CLRO
|
-2.656x |
|
Magontec Ltd
AU:MGL
|
0.008x |
|
BIG Industries Bhd
KLSE:7005
|
-0.080x |
|
Osmosun SA
PA:ALWTR
|
138.991x |
|
Bluelinea SA
PA:ALBLU
|
-0.615x |
|
Jwwinvest
WAR:JWW
|
0.191x |
Annual Cash Flow Conversion Efficiency for Highfield Resources Ltd (2018–2021)
The table below shows the annual cash flow conversion efficiency of Highfield Resources Ltd from 2018 to 2021. For the full company profile with market capitalisation and key ratios, see Highfield Resources Ltd (23H) total market value.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2021-12-31 | €138.54 Million ≈ $161.97 Million |
€-4.34 Million ≈ $-5.08 Million |
-0.031x | -26.84% |
| 2020-12-31 | €128.86 Million ≈ $150.65 Million |
€-3.19 Million ≈ $-3.72 Million |
-0.025x | -20.62% |
| 2019-12-31 | €152.98 Million ≈ $178.85 Million |
€-3.13 Million ≈ $-3.67 Million |
-0.020x | -30.74% |
| 2018-12-31 | €159.16 Million ≈ $186.07 Million |
€-2.49 Million ≈ $-2.92 Million |
-0.016x | -- |
About Highfield Resources Ltd
Highfield Resources Limited, together with its subsidiaries, engages in the exploration and development of potash mines in Spain. Its potash projects are located in the Ebro potash producing basin in Northern Spain. The company's flagship property includes the Muga-Vipasca project that targets sylvinite beds in the Muga Project area, which covers an area of approximately 40 square kilometers loca… Read more