Hammer Metals Limited Cash Flow Conversion Efficiency
Hammer Metals Limited 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.
Cash Flow Conversion Efficiency of Hammer Metals Limited (2017–2023)
Cash flow conversion efficiency of Hammer Metals Limited from 2017 to 2023. This chart illustrates how Hammer Metals Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Hammer Metals Limited stock price for real-time trading data and today's change.
Hammer Metals Limited Cash Flow Conversion Ratio Explained
Hammer Metals Limited cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see Hammer Metals Limited (6HM) total market value for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Dunia Virtual Online Tbk Pt
JK:AREA
|
0.063x |
|
Foamit Oyj
HE:FOAMIT
|
0.050x |
|
Vext Science Inc
F:VV5
|
0.018x |
|
MFS Investment Grade Municipal Trust
NYSE:CXH
|
0.023x |
|
NU World Holdings Ltd
JSE:NWL
|
-0.049x |
|
CID HoldCo, Inc. Common Stock
NASDAQ:DAIC
|
0.323x |
|
Greencoat UK Wind PLC
LSE:UKW
|
0.042x |
|
Mida Assets Public Company Limited
BK:MIDA
|
-0.061x |
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. Review 6HM free cash flow debt coverage to assess the company's free cash flow relative to its total liabilities.
| 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, rhenum, and gold deposits, as well as for molybdenum ores. The company holds 100% interests in the Mount Isa project that comprise Kalman, Elaine, Overlander, Jubilee, Lakeview, and Southern exploration deposits covering an area of approximately 3000 squar… Read more