Sable Exploration and Mining Ltd
Sable Exploration and Mining Limited engages in the exploration and mining business in South Africa. The company was formerly known as Middle East Diamond Resources Limited and changed its name to Sable Exploration and Mining Limited in November 2021. The company was incorporated in 2001 and is based in Sandton, South Africa.
Sable Exploration and Mining Ltd (SXM) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of August 2023: 0.045x
Based on the latest financial reports, Sable Exploration and Mining Ltd (SXM) has a cash flow conversion efficiency ratio of 0.045x as of August 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 (ZAC-1.58 Million) by net assets (ZAC-35.42 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Sable Exploration and Mining Ltd - Cash Flow Conversion Efficiency Trend (2020–2024)
This chart illustrates how Sable Exploration and Mining Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Sable Exploration and Mining Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Sable Exploration and Mining Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Adagio 2 Capital Inc.
V:ADAD-P
|
N/A |
|
Pilipinas Shell Petroleum Corp
PSE:SHLPH
|
-0.067x |
|
TA YANG GROUP
BE:TAJ
|
N/A |
|
Octopus Robots SA
PA:MLOCT
|
N/A |
|
Aberforth Smaller Companies Trust PLC
LSE:ASL
|
0.015x |
|
Xsovt Brands Inc
PINK:XSVT
|
0.100x |
|
B92
LSE:B90
|
0.006x |
|
PlantFuel Life Inc
PINK:PLFLF
|
-0.903x |
Annual Cash Flow Conversion Efficiency for Sable Exploration and Mining Ltd (2020–2024)
The table below shows the annual cash flow conversion efficiency of Sable Exploration and Mining Ltd from 2020 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-02-29 | ZAC5.56 Million | ZAC-10.49 Million | -1.888x | -459729.59% |
| 2023-02-28 | ZAC-32.26 Million | ZAC13.25K | 0.000x | -100.77% |
| 2022-02-28 | ZAC-26.02 Million | ZAC-1.39 Million | 0.053x | +194.91% |
| 2021-02-28 | ZAC-19.86 Million | ZAC-359.06K | 0.018x | +3.40% |
| 2020-02-29 | ZAC-16.55 Million | ZAC-289.28K | 0.017x | -- |