Meteoric Resources NL Cash Flow Conversion Efficiency

Latest as of June 2023: -0.436x

Meteoric Resources NL cash flow conversion efficiency. 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.

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

Cash flow conversion efficiency of Meteoric Resources NL from 2014 to 2023. This chart illustrates how Meteoric Resources NL's cash flow conversion efficiency has evolved over time, based on yearly financial data. View today's stock price for Meteoric Resources NL for real-time trading data and today's change.

Meteoric Resources NL Cash Flow Conversion Ratio Explained

Meteoric Resources NL 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.

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. Also see Meteoric Resources NL (RNF) total market value for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
AirAsia X Bhd KLSE:5238	-4.848x
VIP Industries Limited NSE:VIPIND	0.136x
Banco de Valores SA BA:VALO	1.856x
Vigil Neuroscience Inc NASDAQ:VIGL	-0.496x
Bleichroeder Acquisition Corp. II Class A Ordinary Shares NASDAQ:BBCQ	-0.002x
Norwood Financial Corp NASDAQ:NWFL	0.031x
Genie Energy Ltd NYSE:GNE	-0.027x
Kaimei Electronic Corp TW:2375	0.007x

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. Review financial flexibility index of Meteoric Resources NL to assess the company's free cash flow relative to its total liabilities.

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

$466.90 Million

€399.37 Million EUR

Market Cap Rank

#13434 Global

#1405 in Germany

Share Price

€0.14

Change (1 day)

+2.67%

52-Week Range

€0.08 - €0.16

All Time High

€0.19