Hammer Metals Limited (6HM) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Hammer Metals Limited (6HM) has a cash flow conversion efficiency ratio of -0.007x as of June 2023. 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 (€-202.63K ≈ $-236.90K USD) by net assets (€29.07 Million ≈ $33.99 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 Hammer Metals Limited net asset quality index to measure how much of total assets are equity-financed.
Hammer Metals Limited - Cash Flow Conversion Efficiency Trend (2017–2023)
This chart illustrates how Hammer Metals Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check 6HM cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Hammer Metals Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Hammer Metals Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Orgenesis Inc
NASDAQ:ORGS
|
0.193x |
|
SKY E&M Co. Ltd
KQ:131100
|
0.027x |
|
Opus One Resources Inc
V:OOR
|
-0.055x |
|
Acceleware Ltd
V:AXE
|
0.030x |
|
Akora Resources Ltd
AU:AKO
|
-0.058x |
|
Medicure Inc
V:MPH
|
-0.144x |
|
Edinburgh Worldwide Investment Trust plc
LSE:EWI
|
-0.013x |
|
Cenntro Electric Group Ltd
NASDAQ:CENN
|
-0.019x |
Annual Cash Flow Conversion Efficiency for Hammer Metals Limited (2017–2023)
The table below shows the annual cash flow conversion efficiency of Hammer Metals Limited from 2017 to 2023. For the full company profile with market capitalisation and key ratios, see how much is Hammer Metals Limited worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-06-30 | €29.07 Million ≈ $33.99 Million |
€-982.78K ≈ $-1.15 Million |
-0.034x | +9.71% |
| 2022-06-30 | €26.75 Million ≈ $31.27 Million |
€-1.00 Million ≈ $-1.17 Million |
-0.037x | -60.69% |
| 2021-06-30 | €26.60 Million ≈ $31.09 Million |
€-619.67K ≈ $-724.46K |
-0.023x | +50.87% |
| 2020-06-30 | €16.85 Million ≈ $19.70 Million |
€-799.10K ≈ $-934.23K |
-0.047x | +28.51% |
| 2019-06-30 | €13.89 Million ≈ $16.24 Million |
€-921.58K ≈ $-1.08 Million |
-0.066x | -36.15% |
| 2018-06-30 | €12.15 Million ≈ $14.21 Million |
€-592.20K ≈ $-692.35K |
-0.049x | +36.14% |
| 2017-06-30 | €10.51 Million ≈ $12.29 Million |
€-801.92K ≈ $-937.53K |
-0.076x | -- |
About Hammer Metals Limited
Hammer Metals Limited engages in the exploration and extraction of mineral resources in Australia. It explores for iron oxide, copper, cobalt, and gold deposits, as well as for molybdenum ores. The company holds 100% interests in the Mount Isa project that comprise Kalman, Overlander North and Overlander South, the Lakeview, and the Elaine deposits covering an area of approximately 3000 square ki… Read more