Cobalt Blue Holdings Limited Cash Flow Conversion Efficiency
Cobalt Blue Holdings Limited cash flow conversion efficiency. Based on the latest financial reports, Cobalt Blue Holdings Limited (COH) has a cash flow conversion efficiency ratio of -0.009x 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 (€-620.00K ≈ $-724.85K USD) by net assets (€65.99 Million ≈ $77.15 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 Cobalt Blue Holdings Limited (2017–2023)
Cash flow conversion efficiency of Cobalt Blue Holdings Limited from 2017 to 2023. This chart illustrates how Cobalt Blue Holdings Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. View COH share price today for real-time trading data and today's change.
Cobalt Blue Holdings Limited Cash Flow Conversion Ratio Explained
Cobalt Blue Holdings 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.
Cobalt Blue Holdings Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Cobalt Blue Holdings Limited ranked by their cash flow conversion efficiency. Also see COH stock market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Elve S.A
AT:ELBE
|
0.030x |
|
Formet Celik Kapi Sanayi ve Ticaret AS
IS:FORMT
|
0.033x |
|
Logah Technology Corp
TW:3593
|
-0.277x |
|
Alcom Group Bhd
KLSE:2674
|
0.069x |
|
Eagon Ind
KO:008250
|
0.033x |
|
Asia Technology Co Ltd
KQ:050860
|
-0.028x |
|
Putprop Ltd
JSE:PPR
|
0.025x |
|
Dynamic Metals Ltd
AU:DYM
|
-0.033x |
Annual Cash Flow Conversion Efficiency for Cobalt Blue Holdings Limited (2017–2023)
The table below shows the annual cash flow conversion efficiency of Cobalt Blue Holdings Limited from 2017 to 2023. Review COH 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 | €65.99 Million ≈ $77.15 Million |
€-3.62 Million ≈ $-4.24 Million |
-0.055x | +30.24% |
| 2022-06-30 | €44.10 Million ≈ $51.56 Million |
€-3.47 Million ≈ $-4.06 Million |
-0.079x | -21.75% |
| 2021-06-30 | €32.63 Million ≈ $38.15 Million |
€-2.11 Million ≈ $-2.47 Million |
-0.065x | +32.60% |
| 2020-06-30 | €19.32 Million ≈ $22.58 Million |
€-1.85 Million ≈ $-2.17 Million |
-0.096x | +9.69% |
| 2019-06-30 | €20.07 Million ≈ $23.46 Million |
€-2.13 Million ≈ $-2.49 Million |
-0.106x | -38.68% |
| 2018-06-30 | €18.12 Million ≈ $21.18 Million |
€-1.39 Million ≈ $-1.62 Million |
-0.077x | +42.97% |
| 2017-06-30 | €9.03 Million ≈ $10.55 Million |
€-1.21 Million ≈ $-1.42 Million |
-0.134x | -- |
About Cobalt Blue Holdings Limited
Cobalt Blue Holdings Limited, together with its subsidiaries, engages in the exploration and evaluation of mining properties in Australia. It operates through three segments: Broken Hill Cobalt Project, Kwinana Cobalt Refinery Project, and Halls Creek Project. The company explores for cobalt. It holds 100% interest in the Broken Hill cobalt project comprising five exploration licenses and two mi… Read more