Talga Group Ltd Cash Flow Conversion Efficiency
Talga Group Ltd 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.
Cash Flow Conversion Efficiency of Talga Group Ltd (2014–2023)
Cash flow conversion efficiency of Talga Group Ltd from 2014 to 2023. This chart illustrates how Talga Group Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Talga Group Ltd share price for real-time trading data and today's change.
Talga Group Ltd Cash Flow Conversion Ratio Explained
Talga Group Ltd 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.
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. Also see Talga Group Ltd market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Gan Shmuel
TA:GSFI
|
0.035x |
|
Tacheng Real Estate Co Ltd
TWO:6171
|
-0.098x |
|
Minaurum Silver Inc.
V:MGG
|
-0.431x |
|
Bullpen Parlay Acquisition Co
NASDAQ:BPAC
|
-0.005x |
|
Groupe Minoteries SA
SW:GMI
|
0.015x |
|
Air T Inc
NASDAQ:AIRT
|
-0.034x |
|
Lifetime Brands Inc
NASDAQ:LCUT
|
-0.120x |
|
Adrad Holdings Ltd
AU:AHL
|
0.050x |
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. Review Talga Group Ltd free cash flow to debt ratio 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 | €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