Sims Metal Management Ltd (I8M) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Sims Metal Management Ltd (I8M) has a cash flow conversion efficiency ratio of 0.024x 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 (€63.60 Million ≈ $74.36 Million USD) by net assets (€2.66 Billion ≈ $3.11 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Sims Metal Management Ltd net asset quality index to measure how much of total assets are equity-financed.
Sims Metal Management Ltd - Cash Flow Conversion Efficiency Trend (2011–2023)
This chart illustrates how Sims Metal Management Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is Sims Metal Management Ltd's earnings quality to evaluate the quality of earnings relative to operating cash generation.
Sims Metal Management Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Sims Metal Management Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
iRay Technology Co Ltd
SHG:688301
|
0.057x |
|
First Bancorp
NASDAQ:FBNC
|
0.036x |
|
CECEP Solar Energy Co Ltd
SHE:000591
|
0.112x |
|
Auras Technology Co Ltd
TWO:3324
|
-0.044x |
|
Lerøy Seafood Group ASA
OL:LSG
|
0.188x |
|
Central Puerto S.A.
BA:CEPU
|
0.014x |
|
Shurgard Self Storage SA
BR:SHUR
|
0.020x |
|
Shanghai Tunnel Engineering Co Ltd
SHG:600820
|
0.135x |
Annual Cash Flow Conversion Efficiency for Sims Metal Management Ltd (2011–2023)
The table below shows the annual cash flow conversion efficiency of Sims Metal Management Ltd from 2011 to 2023. For the full company profile with market capitalisation and key ratios, see Sims Metal Management Ltd stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-06-30 | €2.66 Billion ≈ $3.11 Billion |
€449.20 Million ≈ $525.16 Million |
0.169x | -21.68% |
| 2022-06-30 | €2.54 Billion ≈ $2.97 Billion |
€547.80 Million ≈ $640.44 Million |
0.216x | +253.54% |
| 2021-06-30 | €2.12 Billion ≈ $2.48 Billion |
€129.40 Million ≈ $151.28 Million |
0.061x | +285.37% |
| 2020-06-30 | €1.98 Billion ≈ $2.32 Billion |
€-65.30 Million ≈ $-76.34 Million |
-0.033x | -121.03% |
| 2019-06-30 | €2.30 Billion ≈ $2.69 Billion |
€360.10 Million ≈ $420.99 Million |
0.157x | +36.00% |
| 2018-06-30 | €2.19 Billion ≈ $2.56 Billion |
€252.10 Million ≈ $294.73 Million |
0.115x | -14.93% |
| 2017-06-30 | €1.97 Billion ≈ $2.30 Billion |
€266.40 Million ≈ $311.45 Million |
0.135x | +88.96% |
| 2016-06-30 | €1.83 Billion ≈ $2.14 Billion |
€131.30 Million ≈ $153.50 Million |
0.072x | -49.22% |
| 2015-06-30 | €2.11 Billion ≈ $2.47 Billion |
€298.10 Million ≈ $348.51 Million |
0.141x | +23.16% |
| 2014-06-30 | €1.83 Billion ≈ $2.14 Billion |
€210.10 Million ≈ $245.63 Million |
0.115x | -25.67% |
| 2013-06-30 | €1.77 Billion ≈ $2.06 Billion |
€272.10 Million ≈ $318.11 Million |
0.154x | +21.52% |
| 2012-06-30 | €2.34 Billion ≈ $2.74 Billion |
€296.90 Million ≈ $347.11 Million |
0.127x | +132.82% |
| 2011-06-30 | €3.12 Billion ≈ $3.64 Billion |
€169.80 Million ≈ $198.51 Million |
0.054x | -- |
About Sims Metal Management Ltd
Sims Limited engages in buying, processing, and selling of ferrous and non-ferrous recycled metals in Australia, China, India, Thailand, Turkey, the United States, and internationally. The company operates through five segments: North America Metal, Australia/New Zealand Metal, Investment in SA Recycling, Sims Lifecycle Services, and Global Trading Operations. It is also involved in the collectio… Read more