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. See how many days can Metro Mining Limited fund operations to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
K-Fast Holding AB (publ)
ST:KFAST-B
|
0.004x |
|
First Savings Financial Group Inc
NASDAQ:FSFG
|
0.544x |
|
Range Capital Acquisition Corp II Class A Ordinary Shares
NASDAQ:RNGT
|
-0.001x |
|
Shanghai Sanmao Enterprise Group Co Ltd A
SHG:600689
|
-0.024x |
|
Backblaze Inc
NASDAQ:BLZE
|
0.069x |
|
Pix Transmissions Limited
NSE:PIXTRANS
|
0.128x |
|
Canaan Inc
NASDAQ:CAN
|
-0.569x |
|
ADAGENE INC. SP.ADR
F:978
|
N/A |
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 in Australia. The company explores bauxite. Its flagship project is the Bauxite Hills Mine property that covers an area of approximately 825 square kilometers located on Western Cape York in Far North Queensland. The company sells bauxite to its customers in China and United Arab Emirates. The comp… Read more