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 23H net asset quality index to measure how much of total assets are equity-financed.
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. Explore 23H cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
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 |
|---|---|
|
Totally Hip Technologies Inc
V:THP
|
0.026x |
|
ALTECH ADV.MAT. NA O.N.
F:AMA
|
N/A |
|
CEA Industries Inc
NASDAQ:CEAD
|
-0.091x |
|
AGROB Immobilien AG
F:AGR3
|
N/A |
|
Compass Group PLC
LSE:CPG
|
0.258x |
|
Lifecare AS
OL:LIFE
|
3.325x |
|
ENEFI Energiahatekonysagi Nyrt
BUD:ENEFI
|
-0.015x |
|
Bluefield Solar Income Fund
LSE:BSIF
|
-0.001x |
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 how much is Highfield Resources Ltd worth.
| 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