Latrobe Magnesium Limited Cash Flow Conversion Efficiency
Latrobe Magnesium Limited cash flow conversion efficiency. Based on the latest financial reports, Latrobe Magnesium Limited (L2Q) has a cash flow conversion efficiency ratio of 1.844x as of June 2021. 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 (€3.11 Million ≈ $3.64 Million USD) by net assets (€1.69 Million ≈ $1.97 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 Latrobe Magnesium Limited (2014–2021)
Cash flow conversion efficiency of Latrobe Magnesium Limited from 2014 to 2021. This chart illustrates how Latrobe Magnesium Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. View L2Q stock price for real-time trading data and today's change.
Latrobe Magnesium Limited Cash Flow Conversion Ratio Explained
Latrobe Magnesium 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.
Latrobe Magnesium Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Latrobe Magnesium Limited ranked by their cash flow conversion efficiency. Also see Latrobe Magnesium Limited (L2Q) market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Warimpex Finanz- und Beteiligungs AG
VI:WXF
|
0.093x |
|
Evaxion Biotech AS
NASDAQ:EVAX
|
-0.697x |
|
Multi Agro Gemilang Plantation Tbk PT
JK:MAGP
|
0.000x |
|
Magna Finance Tbk
JK:MGNA
|
-0.020x |
|
Franklin Wireless Corp
NASDAQ:FKWL
|
0.000x |
|
Ihuman Inc
NYSE:IH
|
0.193x |
|
Blackstone Minerals Ltd
AU:BSX
|
-0.023x |
|
Fortune Bay Corp
V:FOR
|
0.008x |
Annual Cash Flow Conversion Efficiency for Latrobe Magnesium Limited (2014–2021)
The table below shows the annual cash flow conversion efficiency of Latrobe Magnesium Limited from 2014 to 2021. Review cash generation quality of Latrobe Magnesium Limited to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2021-06-30 | €1.69 Million ≈ $1.97 Million |
€5.89 Million ≈ $6.88 Million |
3.490x | +1308.17% |
| 2020-06-30 | €3.66 Million ≈ $4.28 Million |
€-1.06 Million ≈ $-1.24 Million |
-0.289x | -29.70% |
| 2019-06-30 | €5.41 Million ≈ $6.32 Million |
€-1.20 Million ≈ $-1.41 Million |
-0.223x | -17.93% |
| 2018-06-30 | €6.55 Million ≈ $7.66 Million |
€-1.24 Million ≈ $-1.45 Million |
-0.189x | +28.25% |
| 2017-06-30 | €8.28 Million ≈ $9.68 Million |
€-2.18 Million ≈ $-2.55 Million |
-0.263x | -57.11% |
| 2016-06-30 | €5.84 Million ≈ $6.83 Million |
€-979.10K ≈ $-1.14 Million |
-0.168x | -70.88% |
| 2015-06-30 | €6.62 Million ≈ $7.74 Million |
€-648.64K ≈ $-758.32K |
-0.098x | -16.62% |
| 2014-06-30 | €5.96 Million ≈ $6.97 Million |
€-501.00K ≈ $-585.73K |
-0.084x | -- |
About Latrobe Magnesium Limited
Latrobe Magnesium Limited engages in the construction and commissioning of a production plant for the extraction of magnesium metal and by-products from magnesium rich waste feedstocks. It holds interests in the Latrobe magnesium project located in the Latrobe Valley in Victoria. The company was formerly known as Rambora Technologies Ltd. Latrobe Magnesium Limited was incorporated in 1986 and is … Read more