Sable Exploration and Mining Ltd (SXM) - Cash Flow Conversion Efficiency
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 ≈ $-837.88 USD) by net assets (ZAC-35.42 Million ≈ $-18.82K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See SXM cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
Itaconix plc
LSE:ITX
|
-0.059x |
|
Ebiquity Plc
LSE:EBQ
|
0.076x |
|
Trustco Group Holdings
JSE:TTO
|
-0.004x |
|
SysGroup PLC
LSE:SYS
|
-0.014x |
|
Creightons Plc
LSE:CRL
|
0.032x |
|
Tekcapital plc
LSE:TEK
|
-0.012x |
|
MERCANTILE PORTS+LOGI.LTD
F:9KS0
|
N/A |
|
Virgin Wines UK PLC
LSE:VINO
|
-0.137x |
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. For the full company profile with market capitalisation and key ratios, see SXM company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-02-29 | ZAC5.56 Million ≈ $2.95K |
ZAC-10.49 Million ≈ $-5.57K |
-1.888x | -459729.59% |
| 2023-02-28 | ZAC-32.26 Million ≈ $-17.14K |
ZAC13.25K ≈ $7.04 |
0.000x | -100.77% |
| 2022-02-28 | ZAC-26.02 Million ≈ $-13.83K |
ZAC-1.39 Million ≈ $-737.15 |
0.053x | +194.91% |
| 2021-02-28 | ZAC-19.86 Million ≈ $-10.56K |
ZAC-359.06K ≈ $-190.82 |
0.018x | +3.40% |
| 2020-02-29 | ZAC-16.55 Million ≈ $-8.79K |
ZAC-289.28K ≈ $-153.74 |
0.017x | -- |
About 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.