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. Also see Highfield Resources Ltd stock valuation for the company's overall valuation and market capitalisation.
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. See 23H cash flow to debt ratio to evaluate how effectively operating cash flow covers total debt obligations.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
iOThree Limited Ordinary Shares
NASDAQ:IOTR
|
0.143x |
|
Orestone Mining Corp
V:ORS
|
-0.048x |
|
Heavy Rare EARTHS Ltd
AU:HRE
|
-0.534x |
|
International Research Corporation Public Company Limited
BK:IRCP
|
-0.180x |
|
Belararox Ltd
AU:BRX
|
-0.063x |
|
mTouche Technology Bhd
KLSE:0092
|
-0.178x |
|
Truscreen Group Ltd
AU:TRU
|
-0.502x |
|
Errawarra Resources Ltd
AU:ERW
|
-0.002x |
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. View Highfield Resources Ltd stock quote for real-time trading data and today's change.
| 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