ULTRA LITHIUM
Ultra Lithium Inc. engages in the acquisition, exploration, and development of resource properties in Argentina, Canada, and the United States. It primarily explores for gold and lithium deposits. The company was formerly known as Ultra Resources Inc. and changed its name to Ultra Lithium Inc. in January 2022. Ultra Lithium Inc. was incorporated in 2004 and is headquartered in Vancouver, Canada.
ULTRA LITHIUM (QFB) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of April 2025: -0.007x
Based on the latest financial reports, ULTRA LITHIUM (QFB) has a cash flow conversion efficiency ratio of -0.007x as of April 2025.
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 (€-41.86K) by net assets (€5.86 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
ULTRA LITHIUM - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how ULTRA LITHIUM's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
ULTRA LITHIUM Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of ULTRA LITHIUM ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
H&E EQUIPMENT SVCS
BE:H6P
|
0.251x |
|
BEIERSDORF - Dusseldorf Stock Exchang
DU:BEI
|
N/A |
|
CHARLES SCHWAB - Dusseldorf Stock Exchang
DU:SWG
|
-0.097x |
|
Educomp Solutions Limited
NSE:EDUCOMP
|
0.000x |
|
HASBRO INC - Dusseldorf Stock Exchang
DU:HAS
|
0.170x |
|
Linear Minerals Corp.
OTCQB:LINMF
|
-0.028x |
|
Golan Plastic
TA:GLPL
|
0.112x |
|
Perfect World Company. Ltd. (ADR)
NYSE:PWRD
|
0.190x |
Annual Cash Flow Conversion Efficiency for ULTRA LITHIUM (2019–2024)
The table below shows the annual cash flow conversion efficiency of ULTRA LITHIUM from 2019 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-10-31 | €6.48 Million | €-364.42K | -0.056x | +37.38% |
| 2023-10-31 | €10.73 Million | €-963.51K | -0.090x | +15.64% |
| 2022-10-31 | €12.03 Million | €-1.28 Million | -0.106x | +44.57% |
| 2021-10-31 | €3.03 Million | €-581.76K | -0.192x | +8.93% |
| 2020-10-31 | €2.28 Million | €-480.94K | -0.211x | +3.87% |
| 2019-10-31 | €2.72 Million | €-595.39K | -0.219x | -- |