Equatorial Resources Limited
Equatorial Resources Limited engages in mineral exploration activities in the Republic of Congo and the Republic of Guinea. Its flagship is the Nimba Alliance iron ore project covering an area of approximately 198 square kilometers for the Nimba West permit and approximately 107 square kilometers for the Nimba North permit located in Guinea, West Africa. Equatorial Resources Limited was incorpora… Read more
Equatorial Resources Limited (PBU) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: -0.031x
Based on the latest financial reports, Equatorial Resources Limited (PBU) has a cash flow conversion efficiency ratio of -0.031x 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 (€-438.30K) by net assets (€14.21 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Equatorial Resources Limited - Cash Flow Conversion Efficiency Trend (2017–2023)
This chart illustrates how Equatorial Resources Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Equatorial Resources Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Equatorial Resources Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
GigaMedia Limited
F:GIFN
|
N/A |
|
RLF Agtech Ltd
AU:RLF
|
-0.192x |
|
Logicquest Technology Inc
PINK:LOGQ
|
N/A |
|
Aban Offshore Limited
NSE:ABAN
|
0.002x |
|
PT Ingria Pratama Capitalindo Tbk
JK:GRIA
|
0.071x |
|
Noble Helium Ltd
AU:NHE
|
-0.026x |
|
Flexion Mobile PLC
ST:FLEXM
|
0.022x |
|
MONOLITHIC POWER (NQG.SG)
STU:NQG
|
0.099x |
Annual Cash Flow Conversion Efficiency for Equatorial Resources Limited (2017–2023)
The table below shows the annual cash flow conversion efficiency of Equatorial Resources Limited from 2017 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-06-30 | €14.21 Million | €-1.79 Million | -0.126x | -51.54% |
| 2022-06-30 | €18.20 Million | €-1.51 Million | -0.083x | -203.43% |
| 2021-06-30 | €35.09 Million | €-961.49K | -0.027x | -4980.40% |
| 2020-06-30 | €42.31 Million | €23.75K | 0.001x | -94.44% |
| 2019-06-30 | €42.50 Million | €429.22K | 0.010x | +378.45% |
| 2018-06-30 | €42.23 Million | €-153.15K | -0.004x | +71.07% |
| 2017-06-30 | €42.24 Million | €-529.64K | -0.013x | -- |