Sable Exploration and Mining Ltd Cash Flow Conversion Efficiency
Sable Exploration and Mining Ltd 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.
Cash Flow Conversion Efficiency of Sable Exploration and Mining Ltd (2020–2024)
Cash flow conversion efficiency of Sable Exploration and Mining Ltd from 2020 to 2024. This chart illustrates how Sable Exploration and Mining Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View SXM stock price and chart for real-time trading data and today's change.
Sable Exploration and Mining Ltd Cash Flow Conversion Ratio Explained
Sable Exploration and Mining 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.
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. Also see Sable Exploration and Mining Ltd market cap and net worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Northern Bear Plc
LSE:NTBR
|
0.123x |
|
Seoul Food Ind Co Ltd
KO:004415
|
-0.015x |
|
Petro Matad Ltd
LSE:MATD
|
-0.050x |
|
Sprott Physical Uranium Trust
TO:U-U
|
0.000x |
|
Reco International Group Inc
V:RGI
|
0.037x |
|
Creightons Plc
LSE:CRL
|
0.032x |
|
Emmerson PLC
LSE:EML
|
0.000x |
|
Postmedia Network Canada Corp
TO:PNC-A
|
-0.023x |
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. Review Sable Exploration and Mining Ltd (SXM) FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.
| 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.