Zanaga Iron Ore Company Limited (6ZA) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Zanaga Iron Ore Company Limited (6ZA) has a cash flow conversion efficiency ratio of 0.002x 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 (€127.50K ≈ $149.06K USD) by net assets (€84.85 Million ≈ $99.20 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 Zanaga Iron Ore Company Limited balance sheet independence to measure how much of total assets are equity-financed.
Zanaga Iron Ore Company Limited - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Zanaga Iron Ore Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Zanaga Iron Ore Company Limited earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
Zanaga Iron Ore Company Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Zanaga Iron Ore Company Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Minim Inc
NASDAQ:MINM
|
0.736x |
|
Prologue
PA:ALPRG
|
-0.409x |
|
Brookside Energy Limited
F:8F3
|
0.051x |
|
Reliance Communications Limited
NSE:RCOM
|
0.000x |
|
Scandinavian Investment Group A/S
CO:SIG
|
0.046x |
|
BCB Bhd
KLSE:6602
|
0.188x |
|
Chembond Chemicals Ltd
NSE:CHEMBOND
|
-0.023x |
|
Ocean Vantage Holdings Bhd
KLSE:0220
|
-0.364x |
Annual Cash Flow Conversion Efficiency for Zanaga Iron Ore Company Limited (2013–2024)
The table below shows the annual cash flow conversion efficiency of Zanaga Iron Ore Company Limited from 2013 to 2024. For the full company profile with market capitalisation and key ratios, see 6ZA company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €85.54 Million ≈ $100.01 Million |
€-1.16 Million ≈ $-1.35 Million |
-0.014x | +35.16% |
| 2023-12-31 | €85.82 Million ≈ $100.33 Million |
€-1.79 Million ≈ $-2.09 Million |
-0.021x | -1729.07% |
| 2022-12-31 | €85.20 Million ≈ $99.61 Million |
€-97.00K ≈ $-113.40K |
-0.001x | +95.08% |
| 2021-12-31 | €37.74 Million ≈ $44.12 Million |
€-873.00K ≈ $-1.02 Million |
-0.023x | -135.61% |
| 2020-12-31 | €37.58 Million ≈ $43.93 Million |
€-369.00K ≈ $-431.40K |
-0.010x | +25.88% |
| 2019-12-31 | €38.12 Million ≈ $44.57 Million |
€-505.00K ≈ $-590.40K |
-0.013x | +46.00% |
| 2018-12-31 | €39.42 Million ≈ $46.08 Million |
€-967.00K ≈ $-1.13 Million |
-0.025x | -10.44% |
| 2017-12-31 | €41.28 Million ≈ $48.27 Million |
€-917.00K ≈ $-1.07 Million |
-0.022x | +13.20% |
| 2016-12-31 | €42.67 Million ≈ $49.89 Million |
€-1.09 Million ≈ $-1.28 Million |
-0.026x | +56.04% |
| 2015-12-31 | €45.73 Million ≈ $53.46 Million |
€-2.66 Million ≈ $-3.11 Million |
-0.058x | +4.79% |
| 2014-12-31 | €62.31 Million ≈ $72.85 Million |
€-3.81 Million ≈ $-4.45 Million |
-0.061x | -132.96% |
| 2013-12-31 | €232.13 Million ≈ $271.38 Million |
€-6.09 Million ≈ $-7.12 Million |
-0.026x | -- |
About Zanaga Iron Ore Company Limited
Zanaga Iron Ore Company Limited, an investment holding company, engages in the exploration and development of iron ore project. Its flagship asset is the 100% owned Zanaga Iron Ore Project located in the south-west of the Republic of Congo. The company was formerly known as Jumelles Holdings Limited and changed its name to Zanaga Iron Ore Company Limited in October 2010. Zanaga Iron Ore Company L… Read more