Platina Resources Limited Cash Flow Conversion Efficiency
Platina Resources Limited 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.
Cash Flow Conversion Efficiency of Platina Resources Limited (2014–2023)
Cash flow conversion efficiency of Platina Resources Limited from 2014 to 2023. This chart illustrates how Platina Resources Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. View current stock price of Platina Resources Limited for real-time trading data and today's change.
Platina Resources Limited Cash Flow Conversion Ratio Explained
Platina Resources 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.
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. Also see Platina Resources Limited (P4R) total market value for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Ironman International Ltd.
V:IMI
|
0.946x |
|
HYPERCHARGE NETWORKS CORP
F:PB7
|
-0.296x |
|
Orange Minerals NL
AU:OMX
|
-0.043x |
|
Wildsky Resources Inc
V:WSK
|
-0.021x |
|
Kiora Pharmaceuticals Inc
NASDAQ:KPRX
|
-0.112x |
|
FUXING CHINA GRP SD 5
F:3FU1
|
N/A |
|
Pescanova SA
MC:PVA
|
0.009x |
|
Keybridge Capital Ltd
AU:KBC
|
-0.412x |
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. Review how much free cash does Platina Resources Limited generate 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 |
|---|---|---|---|---|
| 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.