Talga Group Ltd (TGX) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Talga Group Ltd (TGX) has a cash flow conversion efficiency ratio of -0.165x 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 (€-9.43 Million ≈ $-11.02 Million USD) by net assets (€56.98 Million ≈ $66.62 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 debt-free asset ratio of Talga Group Ltd to measure how much of total assets are equity-financed.
Talga Group Ltd - Cash Flow Conversion Efficiency Trend (2014–2023)
This chart illustrates how Talga Group Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore Talga Group Ltd debt service capacity to assess how comfortably operating cash covers total debt obligations.
Talga Group Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Talga Group Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Terns Pharmaceuticals Inc
NASDAQ:TERN
|
-0.070x |
|
Veracruz Properties SOCIMI SA
MC:YVCP
|
0.025x |
|
Nestcon Bhd
KLSE:0235
|
0.079x |
|
Fuzetec Technology Co Ltd
TWO:6642
|
0.011x |
|
Acset Indonusa Tbk
JK:ACST
|
-0.226x |
|
Kervansaray Yatirim Holding AS
IS:KERVN
|
0.067x |
|
AXON PARTNERS GRP EO -10
F:XE1
|
N/A |
|
Greenheart Gold Inc.
V:GHRT
|
-0.089x |
Annual Cash Flow Conversion Efficiency for Talga Group Ltd (2014–2023)
The table below shows the annual cash flow conversion efficiency of Talga Group Ltd from 2014 to 2023. For the full company profile with market capitalisation and key ratios, see Talga Group Ltd (TGX) total market value.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-06-30 | €56.98 Million ≈ $66.62 Million |
€-36.25 Million ≈ $-42.38 Million |
-0.636x | +36.15% |
| 2022-06-30 | €26.65 Million ≈ $31.15 Million |
€-26.55 Million ≈ $-31.04 Million |
-0.996x | -246.04% |
| 2021-06-30 | €55.10 Million ≈ $64.41 Million |
€-15.86 Million ≈ $-18.55 Million |
-0.288x | +83.05% |
| 2020-06-30 | €7.24 Million ≈ $8.47 Million |
€-12.30 Million ≈ $-14.38 Million |
-1.699x | -38.05% |
| 2019-06-30 | €9.49 Million ≈ $11.10 Million |
€-11.68 Million ≈ $-13.65 Million |
-1.230x | -99.33% |
| 2018-06-30 | €13.80 Million ≈ $16.14 Million |
€-8.52 Million ≈ $-9.96 Million |
-0.617x | -48.07% |
| 2017-06-30 | €18.18 Million ≈ $21.26 Million |
€-7.58 Million ≈ $-8.86 Million |
-0.417x | -9.11% |
| 2016-06-30 | €13.57 Million ≈ $15.86 Million |
€-5.18 Million ≈ $-6.06 Million |
-0.382x | +31.38% |
| 2015-06-30 | €6.61 Million ≈ $7.73 Million |
€-3.68 Million ≈ $-4.30 Million |
-0.557x | -40.28% |
| 2014-06-30 | €5.77 Million ≈ $6.74 Million |
€-2.29 Million ≈ $-2.68 Million |
-0.397x | -- |
About Talga Group Ltd
Talga Group Ltd provides natural graphite battery anode materials in Australia, Sweden, Germany, and the United Kingdom. It operates through Graphite Exploration; Graphite Development; and Research and Development segments. The company explores for lithium, copper, anode, and graphite deposits. It also offers battery materials, such as active anode products under the Talnode brand, as well as adv… Read more