Meteoric Resources NL (RNF) - 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.
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. Read Meteoric Resources NL balance sheet liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
StealthGas Inc
F:S6W
|
0.040x |
|
Paik Kwang Ind
KO:001340
|
0.021x |
|
Jin Air Co Ltd
KO:272450
|
0.154x |
|
TriSalus Life Sciences Inc.
NASDAQ:TLSI
|
0.139x |
|
Iron Force Industrial Co Ltd
TW:2228
|
0.080x |
|
PETROTAL CORP.
F:SER1
|
N/A |
|
T'way Air Co Ltd
KO:091810
|
0.196x |
|
Leadtek Research Inc
TW:2465
|
-0.338x |
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 capitalisation.
| 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
Meteoric Resources NL explores for mineral tenements in Brazil, Canada, Western Australia, and Northern Territory. The company explores for gold, copper, and diamond deposits. It also owns Webb JV project covers an area of 961 square kilometers located in Western Australia; and the Warrego North IOCG project located in the Northern Territory. In addition, the company holds interests in the Caldei… Read more