ASA Gold and Precious Metals Ltd Cash Flow Conversion Efficiency
ASA Gold and Precious Metals Ltd cash flow conversion efficiency. Based on the latest financial reports, ASA Gold and Precious Metals Ltd (ASA) has a cash flow conversion efficiency ratio of -0.195x as of May 2022. 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 ($-78.72 Million) by net assets ($402.99 Million). 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 ASA Gold and Precious Metals Ltd (2000–2021)
Cash flow conversion efficiency of ASA Gold and Precious Metals Ltd from 2000 to 2021. This chart illustrates how ASA Gold and Precious Metals Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View ASA stock price and chart for real-time trading data and today's change.
ASA Gold and Precious Metals Ltd Cash Flow Conversion Ratio Explained
ASA Gold and Precious Metals 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.
ASA Gold and Precious Metals Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of ASA Gold and Precious Metals Ltd ranked by their cash flow conversion efficiency. Also see ASA Gold and Precious Metals Ltd (ASA) market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Ganzhou Yihao New Materials Co. Ltd. A
SHE:301176
|
-0.056x |
|
Daou Tech
KO:023590
|
0.125x |
|
Farmers National Banc Corp
NASDAQ:FMNB
|
0.034x |
|
Daktronics Inc
NASDAQ:DAKT
|
0.040x |
|
Bombay Burmah Trading Corporation Limited
NSE:BBTC
|
0.039x |
|
Warom Technology Inc Co
SHG:603855
|
-0.016x |
|
Chengdu Kanghua Biological Products
SHE:300841
|
0.026x |
|
Econergy Renewable Energy Ltd
TA:ECNR
|
-0.003x |
Annual Cash Flow Conversion Efficiency for ASA Gold and Precious Metals Ltd (2000–2021)
The table below shows the annual cash flow conversion efficiency of ASA Gold and Precious Metals Ltd from 2000 to 2021. Review ASA free cash flow generation 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 |
|---|---|---|---|---|
| 2021-11-30 | $482.23 Million | $18.35 Million | 0.038x | -90.11% |
| 2020-11-30 | $463.94 Million | $178.44 Million | 0.385x | +20.26% |
| 2019-11-30 | $285.88 Million | $91.43 Million | 0.320x | +227.72% |
| 2018-11-30 | $194.83 Million | $-48.79 Million | -0.250x | -3606.61% |
| 2017-11-30 | $244.20 Million | $1.74 Million | 0.007x | -97.91% |
| 2016-11-30 | $243.23 Million | $83.26 Million | 0.342x | +191.27% |
| 2015-11-30 | $160.74 Million | $-60.28 Million | -0.375x | -199.22% |
| 2014-11-30 | $221.80 Million | $-27.80 Million | -0.125x | +85.21% |
| 2013-11-30 | $250.96 Million | $-212.70 Million | -0.848x | -159.60% |
| 2012-11-30 | $466.49 Million | $-152.30 Million | -0.326x | -538.78% |
| 2011-11-30 | $626.10 Million | $-32.00 Million | -0.051x | -135.69% |
| 2010-11-30 | $669.60 Million | $95.90 Million | 0.143x | -72.60% |
| 2009-11-30 | $580.40 Million | $303.40 Million | 0.523x | +167.18% |
| 2008-11-30 | $341.10 Million | $-265.40 Million | -0.778x | -612.29% |
| 2007-11-30 | $813.80 Million | $123.60 Million | 0.152x | -41.20% |
| 2006-11-30 | $712.30 Million | $184.00 Million | 0.258x | +1475.17% |
| 2000-11-30 | $168.73 Million | $2.77 Million | 0.016x | -- |
About ASA Gold and Precious Metals Ltd
ASA Gold and Precious Metals Limited is a publicly owned investment manager. The firm invests in the public equity markets across the globe. It primarily invests in stocks of companies engaged in the exploration, mining or processing of gold, silver, platinum, diamonds, or other precious minerals. It also invests in exchange traded funds. The firm employs fundamental analysis with a bottom-up app… Read more