ULTRA LITHIUM (QFB) - Cash Flow Conversion Efficiency
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 ≈ $-48.94K USD) by net assets (€5.86 Million ≈ $6.86 Million USD). 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. Read ULTRA LITHIUM (QFB) financial obligations for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
WEST ISLAND BRANDS INC.
F:39N0
|
N/A |
|
AWILCO DRILLING PLC(SNDR)
F:0AI1
|
N/A |
|
Konsortium AG
MU:KUB1
|
-0.093x |
|
Europa Metals Ltd
JSE:EUZ
|
-0.110x |
|
Record PLC
LSE:REC
|
0.126x |
|
Labrador Technologies Inc
V:LTX
|
0.004x |
|
NamR SA
PA:ALNMR
|
-0.280x |
|
Modiin Energy-Limited Partnership
TA:MDIN-L
|
0.177x |
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. For the full company profile with market capitalisation and key ratios, see ULTRA LITHIUM market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-10-31 | €6.48 Million ≈ $7.58 Million |
€-364.42K ≈ $-426.05K |
-0.056x | +37.38% |
| 2023-10-31 | €10.73 Million ≈ $12.55 Million |
€-963.51K ≈ $-1.13 Million |
-0.090x | +15.64% |
| 2022-10-31 | €12.03 Million ≈ $14.06 Million |
€-1.28 Million ≈ $-1.50 Million |
-0.106x | +44.57% |
| 2021-10-31 | €3.03 Million ≈ $3.54 Million |
€-581.76K ≈ $-680.14K |
-0.192x | +8.93% |
| 2020-10-31 | €2.28 Million ≈ $2.67 Million |
€-480.94K ≈ $-562.27K |
-0.211x | +3.87% |
| 2019-10-31 | €2.72 Million ≈ $3.17 Million |
€-595.39K ≈ $-696.08K |
-0.219x | -- |
About 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.