Metro Mining Limited (6ME) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Metro Mining Limited (6ME) has a cash flow conversion efficiency ratio of -0.022x 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 (€-410.50K ≈ $-479.92K USD) by net assets (€18.94 Million ≈ $22.14 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Metro Mining Limited - Cash Flow Conversion Efficiency Trend (2013–2022)
This chart illustrates how Metro Mining Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read debt load of Metro Mining Limited for a breakdown of total debt and financial obligations.
Metro Mining Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Metro Mining Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Humedix Co Ltd
KQ:200670
|
0.037x |
|
Kogan.com Ltd
AU:KGN
|
-0.163x |
|
Profound Medical Corp
TO:PRN
|
-0.100x |
|
SIM Acquisition Corp. I Class A Ordinary Shares
NASDAQ:SIMA
|
0.000x |
|
Luca Mining Corp.
V:LUCA
|
N/A |
|
CERRO DE PASCO RES
F:N8HP
|
N/A |
|
Shandong Longertek Technology Co Ltd
SHE:300594
|
0.079x |
|
CMC Corp
VN:CMG
|
0.060x |
Annual Cash Flow Conversion Efficiency for Metro Mining Limited (2013–2022)
The table below shows the annual cash flow conversion efficiency of Metro Mining Limited from 2013 to 2022. For the full company profile with market capitalisation and key ratios, see 6ME market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | €18.94 Million ≈ $22.14 Million |
€-1.19 Million ≈ $-1.39 Million |
-0.063x | +85.08% |
| 2021-12-31 | €41.99 Million ≈ $49.09 Million |
€-17.64 Million ≈ $-20.62 Million |
-0.420x | -56025.90% |
| 2020-12-31 | €122.92 Million ≈ $143.70 Million |
€-92.00K ≈ $-107.56K |
-0.001x | -100.26% |
| 2019-12-31 | €134.08 Million ≈ $156.75 Million |
€37.94 Million ≈ $44.36 Million |
0.283x | +1036.96% |
| 2018-12-31 | €129.50 Million ≈ $151.39 Million |
€3.22 Million ≈ $3.77 Million |
0.025x | +165.85% |
| 2017-12-31 | €118.94 Million ≈ $139.05 Million |
€-4.50 Million ≈ $-5.26 Million |
-0.038x | +6.15% |
| 2016-12-31 | €80.78 Million ≈ $94.44 Million |
€-3.25 Million ≈ $-3.80 Million |
-0.040x | +76.19% |
| 2015-12-31 | €16.43 Million ≈ $19.21 Million |
€-2.78 Million ≈ $-3.25 Million |
-0.169x | +11.70% |
| 2014-12-31 | €14.59 Million ≈ $17.05 Million |
€-2.79 Million ≈ $-3.27 Million |
-0.192x | -90.87% |
| 2013-12-31 | €17.23 Million ≈ $20.14 Million |
€-1.73 Million ≈ $-2.02 Million |
-0.100x | -- |
About Metro Mining Limited
Metro Mining Limited, together with its subsidiaries, operates as an exploration and mining company. The company explores for bauxite. Its flagship project is the Bauxite Hills Mine property that covers an area of approximately 1,900 square kilometers located on Western Cape York. The company sells bauxite to its customers in China and United Arab Emirates. The company was formerly known as Metro… Read more