ASA Gold and Precious Metals Ltd (ASA) - 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. See operational self-sufficiency of ASA Gold and Precious Metals Ltd to measure how many days the company can operate on defensive assets alone.
ASA Gold and Precious Metals Ltd - Cash Flow Conversion Efficiency Trend (2000–2021)
This chart illustrates how ASA Gold and Precious Metals Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Hunan Heshun Petroleum Co Ltd
SHG:603353
|
0.129x |
|
Suzhou Keda Technology Co Ltd
SHG:603660
|
-0.011x |
|
Jsti Group
SHE:300284
|
-0.038x |
|
Intracom Constructions Societe Anonyme Technical and Steel Constructions
AT:INKAT
|
-0.125x |
|
Zhejiang Tianyu Pharmaceutical Co Ltd
SHE:300702
|
0.063x |
|
Papa John's International Inc
NASDAQ:PZZA
|
-0.017x |
|
Rio2 Ltd
TO:RIO
|
0.266x |
|
Supalai Public Company Limited
BK:SPALI-R
|
0.012x |
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. For the full company profile with market capitalisation and key ratios, see market value of ASA Gold and Precious Metals Ltd.
| 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