ULTRA LITHIUM Cash Flow Conversion Efficiency
ULTRA LITHIUM 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.
Cash Flow Conversion Efficiency of ULTRA LITHIUM (2019–2024)
Cash flow conversion efficiency of ULTRA LITHIUM from 2019 to 2024. This chart illustrates how ULTRA LITHIUM's cash flow conversion efficiency has evolved over time, based on yearly financial data. View QFB stock price and chart for real-time trading data and today's change.
ULTRA LITHIUM Cash Flow Conversion Ratio Explained
ULTRA LITHIUM 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.
ULTRA LITHIUM Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of ULTRA LITHIUM ranked by their cash flow conversion efficiency. Also see QFB market cap for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
WEST ISLAND BRANDS INC.
F:39N0
|
N/A |
|
NCL International Logistics Public Company Limited
BK:NCL
|
-0.560x |
|
Prosper Gold Corp.
V:PGX
|
-0.028x |
|
AWILCO DRILLING PLC(SNDR)
F:0AI1
|
N/A |
|
Eason Technology Limited
NYSE MKT:DXF
|
0.000x |
|
Consolidated Firstfund Capital Corp
V:FFP
|
-0.029x |
|
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. Review ULTRA LITHIUM (QFB) free cash flow 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 |
|---|---|---|---|---|
| 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.