RareX Limited Cash Flow Conversion Efficiency
RareX Limited 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.
Cash Flow Conversion Efficiency of RareX Limited (2014–2023)
Cash flow conversion efficiency of RareX Limited from 2014 to 2023. This chart illustrates how RareX Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. View CK1 live share price for real-time trading data and today's change.
RareX Limited Cash Flow Conversion Ratio Explained
RareX 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.
RareX Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of RareX Limited ranked by their cash flow conversion efficiency. Also see RareX Limited (CK1) market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Sahakol Equipment Public Company Limited
BK:SQ
|
0.060x |
|
Rodrigo Tekstil Sanayi ve Ticaret AS
IS:RODRG
|
0.051x |
|
IZOTROPIC CORP.
F:1R3
|
0.023x |
|
The GrowHub Limited Class A Ordinary Shares
NASDAQ:TGHL
|
0.869x |
|
NFL Biosciences SAS
PA:ALNFL
|
0.032x |
|
Asia Fiber Public Company Limited
BK:AFC
|
0.050x |
|
Fathom Holdings Inc
NASDAQ:FTHM
|
-0.187x |
|
WebRock Ventures AB
ST:WRV
|
-0.007x |
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. Review CK1 financial flexibility score 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 | €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.