Platina Resources Limited (P4R) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Platina Resources Limited (P4R) has a cash flow conversion efficiency ratio of -0.070x 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 (€-340.08K ≈ $-397.59K USD) by net assets (€4.84 Million ≈ $5.66 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 how many days can Platina Resources Limited fund operations to measure how many days the company can operate on defensive assets alone.
Platina Resources Limited - Cash Flow Conversion Efficiency Trend (2014–2023)
This chart illustrates how Platina Resources Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Platina Resources Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Platina Resources Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Identi Healthcare Ltd
TA:IDNT
|
-0.437x |
|
Cohort
LSE:CHRT
|
-0.188x |
|
TNF Pharmaceuticals, Inc.
NASDAQ:TNFA
|
-0.178x |
|
DGB Group NV
AS:DGB
|
0.235x |
|
Transocean Holdings Bhd
KLSE:7218
|
-0.015x |
|
Nanotech Indonesia Global Tbk PT
JK:NANO
|
-0.010x |
|
Delta Manufacturing Limited
NSE:DELTAMAGNT
|
-0.091x |
|
Openn Negotiation Ltd
AU:OPN
|
0.905x |
Annual Cash Flow Conversion Efficiency for Platina Resources Limited (2014–2023)
The table below shows the annual cash flow conversion efficiency of Platina Resources Limited from 2014 to 2023. For the full company profile with market capitalisation and key ratios, see market cap of Platina Resources Limited.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-06-30 | €4.84 Million ≈ $5.66 Million |
€-1.57 Million ≈ $-1.84 Million |
-0.325x | -177.30% |
| 2022-06-30 | €8.31 Million ≈ $9.71 Million |
€-974.43K ≈ $-1.14 Million |
-0.117x | -161.01% |
| 2021-06-30 | €23.98 Million ≈ $28.03 Million |
€-1.08 Million ≈ $-1.26 Million |
-0.045x | +94.38% |
| 2020-06-30 | €1.06 Million ≈ $1.24 Million |
€-845.24K ≈ $-988.18K |
-0.799x | -6043.13% |
| 2019-06-30 | €29.08 Million ≈ $33.99 Million |
€-378.37K ≈ $-442.36K |
-0.013x | +37.18% |
| 2018-06-30 | €29.18 Million ≈ $34.12 Million |
€-604.49K ≈ $-706.71K |
-0.021x | +14.65% |
| 2017-06-30 | €29.61 Million ≈ $34.62 Million |
€-718.63K ≈ $-840.15K |
-0.024x | -19.72% |
| 2016-06-30 | €23.30 Million ≈ $27.24 Million |
€-472.37K ≈ $-552.25K |
-0.020x | +40.37% |
| 2015-06-30 | €20.05 Million ≈ $23.44 Million |
€-681.61K ≈ $-796.87K |
-0.034x | -19.95% |
| 2014-06-30 | €21.72 Million ≈ $25.39 Million |
€-615.70K ≈ $-719.82K |
-0.028x | -- |
About Platina Resources Limited
Platina Resources Limited acquires, explores for, and develops precious metals and other mineral deposits in Australia. It explores for platinum group metals, zinc and gold, and base metals. Platina Resources Limited was incorporated in 2006 and is headquartered in Mount Hawthorn, Australia.