FIRST LITHIUM MINERALS (X28) - Cash Flow Conversion Efficiency
Based on the latest financial reports, FIRST LITHIUM MINERALS (X28) has a cash flow conversion efficiency ratio of -0.160x as of September 2025. 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 (€-257.44K ≈ $-300.97K USD) by net assets (€1.61 Million ≈ $1.88 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 net asset quality index of FIRST LITHIUM MINERALS to measure how much of total assets are equity-financed.
FIRST LITHIUM MINERALS - Cash Flow Conversion Efficiency Trend (2021–2024)
This chart illustrates how FIRST LITHIUM MINERALS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore X28 operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
FIRST LITHIUM MINERALS Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of FIRST LITHIUM MINERALS ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Flora Growth Corp
NASDAQ:FLGC
|
-0.045x |
|
Stonehorse Energy Ltd
AU:SHE
|
-0.042x |
|
Forza Land Indonesia Tbk PT
JK:FORZ
|
-0.016x |
|
Openlearning Ltd
AU:OLL
|
0.356x |
|
FIREFOX GOLD CORP.
F:FIY
|
N/A |
|
Crown Point Energy Inc
V:CWV
|
-0.370x |
|
Thunderstruck Resources Ltd
V:AWE
|
-0.004x |
|
Witbe Net SA
PA:ALWIT
|
0.366x |
Annual Cash Flow Conversion Efficiency for FIRST LITHIUM MINERALS (2021–2024)
The table below shows the annual cash flow conversion efficiency of FIRST LITHIUM MINERALS from 2021 to 2024. For the full company profile with market capitalisation and key ratios, see FIRST LITHIUM MINERALS market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €2.38 Million ≈ $2.78 Million |
€-996.22K ≈ $-1.16 Million |
-0.419x | -76.47% |
| 2023-12-31 | €3.71 Million ≈ $4.34 Million |
€-881.76K ≈ $-1.03 Million |
-0.238x | +34.42% |
| 2022-12-31 | €5.03 Million ≈ $5.88 Million |
€-1.82 Million ≈ $-2.13 Million |
-0.362x | -874.96% |
| 2021-12-31 | €-4.04 Million ≈ $-4.72 Million |
€-188.70K ≈ $-220.61K |
0.047x | -- |
About FIRST LITHIUM MINERALS
First Lithium Minerals Corp. operates as a mineral exploration and development company in Chile and Canada. The company primarily explores for lithium and alkali metals. It holds 100% interests in the OCA Salar de Ascotan project that covers an area of approximately 1,800 hectares of mineral exploration concessions located in the salar Ascotan in the Antofagasta Region of northern Chile; and the … Read more