RareX Limited (CK1) - Cash Flow Conversion Efficiency
Based on the latest financial reports, RareX Limited (CK1) has a cash flow conversion efficiency ratio of -0.082x 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 (€-454.49K ≈ $-531.35K USD) by net assets (€5.52 Million ≈ $6.45 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 RareX Limited (CK1) balance sheet quality index to measure how much of total assets are equity-financed.
RareX Limited - Cash Flow Conversion Efficiency Trend (2014–2023)
This chart illustrates how RareX Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is RareX Limited's earnings quality to evaluate the quality of earnings relative to operating cash generation.
RareX Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of RareX Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Impex Ferro Tech Limited
NSE:IMPEXFERRO
|
0.001x |
|
Ankit Metal & Power Limited
NSE:ANKITMETAL
|
-0.018x |
|
Savoreat Ltd
TA:SVRT
|
-0.762x |
|
Gibb River Diamonds Limited
F:PHO
|
-0.230x |
|
Begbies Traynor Group PLC
LSE:BEG
|
-0.014x |
|
Vanquis Banking Group PLC
LSE:VANQ
|
0.406x |
|
China SXT Pharmaceuticals Inc
NASDAQ:SXTC
|
-0.076x |
|
Quhuo Ltd
NASDAQ:QH
|
-0.059x |
Annual Cash Flow Conversion Efficiency for RareX Limited (2014–2023)
The table below shows the annual cash flow conversion efficiency of RareX Limited from 2014 to 2023. For the full company profile with market capitalisation and key ratios, see RareX Limited market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-06-30 | €5.52 Million ≈ $6.45 Million |
€-7.39 Million ≈ $-8.64 Million |
-1.339x | -97.69% |
| 2022-06-30 | €9.56 Million ≈ $11.18 Million |
€-6.48 Million ≈ $-7.57 Million |
-0.677x | -63.03% |
| 2021-06-30 | €8.24 Million ≈ $9.63 Million |
€-3.42 Million ≈ $-4.00 Million |
-0.415x | -95.59% |
| 2020-06-30 | €6.35 Million ≈ $7.42 Million |
€-1.35 Million ≈ $-1.58 Million |
-0.212x | +75.50% |
| 2019-06-30 | €1.36 Million ≈ $1.59 Million |
€-1.18 Million ≈ $-1.38 Million |
-0.867x | -130.99% |
| 2018-06-30 | €2.52 Million ≈ $2.94 Million |
€-945.47K ≈ $-1.11 Million |
-0.375x | +20.19% |
| 2017-06-30 | €1.58 Million ≈ $1.84 Million |
€-741.58K ≈ $-866.99K |
-0.470x | +36.58% |
| 2016-06-30 | €1.82 Million ≈ $2.13 Million |
€-1.35 Million ≈ $-1.58 Million |
-0.742x | +17.00% |
| 2015-06-30 | €1.23 Million ≈ $1.44 Million |
€-1.10 Million ≈ $-1.28 Million |
-0.893x | -56.97% |
| 2014-06-30 | €1.43 Million ≈ $1.68 Million |
€-815.94K ≈ $-953.92K |
-0.569x | -- |
About RareX Limited
RareX Limited engages in the exploration and development of mineral properties in Australia. The company primarily explores for rare earths and gallium, niobium, and scandium in hardrock carbonatites. Its flagship project is the 100% owned Cummins Range Rare Earths project located in the Kimberley region of Western Australia. The company was incorporated in 2003 and is based in Subiaco, Australia.