Meteoric Resources NL (RNF) - Cash Flow Conversion Efficiency

Latest as of June 2023: -0.436x

Based on the latest financial reports, Meteoric Resources NL (RNF) has a cash flow conversion efficiency ratio of -0.436x 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 (€-6.92 Million ≈ $-8.09 Million USD) by net assets (€15.88 Million ≈ $18.57 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Meteoric Resources NL balance sheet independence to measure how much of total assets are equity-financed.

Meteoric Resources NL - Cash Flow Conversion Efficiency Trend (2014–2023)

This chart illustrates how Meteoric Resources NL's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Meteoric Resources NL (RNF) cash flow quality to evaluate the quality of earnings relative to operating cash generation.

Meteoric Resources NL Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Meteoric Resources NL ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
PSK HOLDINGS Inc KQ:031980	0.019x
Chongqing Sansheng Building Materials Co Ltd SHE:002742	0.019x
Lootom Telcovideo Network Wuxi Co Ltd SHE:300555	-0.029x
Tianjin Ruixin Technology Co Ltd SHE:300828	0.024x
HCR Co Ltd SHG:688500	0.001x
QC Solar (Suzhou) Co. Ltd. A SHE:301278	0.010x
Shanghai Tianyong Engineering Co Ltd SHG:603895	0.325x
Revenio Group Corporation HE:REG1V	-0.029x

Annual Cash Flow Conversion Efficiency for Meteoric Resources NL (2014–2023)

The table below shows the annual cash flow conversion efficiency of Meteoric Resources NL from 2014 to 2023. For the full company profile with market capitalisation and key ratios, see Meteoric Resources NL market cap and net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2023-06-30	€15.88 Million ≈ $18.57 Million	€-16.45 Million ≈ $-19.23 Million	-1.036x	+65.02%
2022-06-30	€1.70 Million ≈ $1.98 Million	€-5.02 Million ≈ $-5.87 Million	-2.961x	-91.11%
2021-06-30	€4.66 Million ≈ $5.44 Million	€-7.22 Million ≈ $-8.44 Million	-1.549x	-75.97%
2020-06-30	€6.54 Million ≈ $7.64 Million	€-5.76 Million ≈ $-6.73 Million	-0.881x	+9.39%
2019-06-30	€2.38 Million ≈ $2.78 Million	€-2.31 Million ≈ $-2.70 Million	-0.972x	+3.25%
2018-06-30	€3.13 Million ≈ $3.66 Million	€-3.14 Million ≈ $-3.68 Million	-1.005x	-114.30%
2017-06-30	€927.13K ≈ $1.08 Million	€-434.59K ≈ $-508.08K	-0.469x	+67.96%
2016-06-30	€278.33K ≈ $325.40K	€-407.24K ≈ $-476.11K	-1.463x	-25.82%
2015-06-30	€332.39K ≈ $388.60K	€-386.55K ≈ $-451.91K	-1.163x	-48.01%
2014-06-30	€615.02K ≈ $719.03K	€-483.22K ≈ $-564.94K	-0.786x	--

About Meteoric Resources NL

F:RNF Germany Other Industrial Metals & Mining

Market Cap

$359.21 Million

€307.25 Million EUR

Market Cap Rank

#13860 Global

#1416 in Germany

Share Price

€0.11

Change (1 day)

-8.20%

52-Week Range

€0.07 - €0.16

All Time High

€0.19