E3 LITHIUM LTD
E3 Lithium Limited engages in the development and extraction of lithium resources in Alberta. The company was formerly known as E3 Metals Corp. and changed its name to E3 Lithium Limited in July 2022. E3 Lithium Limited is headquartered in Calgary, Canada.
E3 LITHIUM LTD (OW3) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2023: -0.029x
Based on the latest financial reports, E3 LITHIUM LTD (OW3) has a cash flow conversion efficiency ratio of -0.029x as of September 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 (€-1.70 Million) by net assets (€58.27 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
E3 LITHIUM LTD - Cash Flow Conversion Efficiency Trend (2019–2022)
This chart illustrates how E3 LITHIUM LTD's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
E3 LITHIUM LTD Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of E3 LITHIUM LTD ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
GrandTech C.G. Systems
TWO:6123
|
-0.014x |
|
New Ulm Telecom Inc
OTCQB:NUVR
|
0.059x |
|
Alarum Technologies Ltd.
NASDAQ:ALAR
|
0.096x |
|
Minna Padi Investama Tbk
JK:PADI
|
0.007x |
|
Tscan Therapeutics Inc
NASDAQ:TCRX
|
-0.225x |
|
Tureks Turizm Tasimacilik AS
IS:TUREX
|
0.424x |
|
Tradetool Auto Co Ltd
TWO:3685
|
-0.003x |
|
Serviceware SE
F:SJJ
|
N/A |
Annual Cash Flow Conversion Efficiency for E3 LITHIUM LTD (2019–2022)
The table below shows the annual cash flow conversion efficiency of E3 LITHIUM LTD from 2019 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | €33.47 Million | €-5.49 Million | -0.164x | -44.03% |
| 2021-12-31 | €25.00 Million | €-2.85 Million | -0.114x | +27.92% |
| 2020-12-31 | €10.10 Million | €-1.59 Million | -0.158x | +67.14% |
| 2019-12-31 | €4.02 Million | €-1.93 Million | -0.480x | -- |