Latrobe Magnesium Limited (L2Q) - 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. See Latrobe Magnesium Limited defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Latrobe Magnesium Limited - Cash Flow Conversion Efficiency Trend (2014–2021)
This chart illustrates how Latrobe Magnesium Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
NovaBay Pharmaceuticals Inc
NYSE MKT:NBY
|
0.100x |
|
Pelat Timah Nusantara Tbk
JK:NIKL
|
0.049x |
|
Aquirian Ltd
AU:AQN
|
0.062x |
|
Glacier Media Inc.
TO:GVC
|
0.070x |
|
Finetechnix. Co.Ltd
KQ:106240
|
-0.063x |
|
Cnova NV
PA:CNV
|
-0.063x |
|
Asia Brands Bhd
KLSE:7722
|
0.015x |
|
Neofect Co.Ltd
KQ:290660
|
-0.036x |
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. For the full company profile with market capitalisation and key ratios, see market cap of Latrobe Magnesium Limited.
| 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