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 ASA Gold and Precious Metals Ltd balance sheet independence to measure how much of total assets are equity-financed.
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. Check ASA Gold and Precious Metals Ltd (ASA) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Voltalia SA
PA:VLTSA
|
0.078x |
|
New Wave Group AB (publ)
ST:NEWA-B
|
0.078x |
|
Piraeus Port Authority S.A
AT:PPA
|
0.158x |
|
Gen Ilac ve Saglik Urunleri Sanayi ve Ticaret AS
IS:GENIL
|
0.018x |
|
Shanghai Emperor of Cleaning Hi-Tech Co Ltd
SHG:603200
|
0.010x |
|
EnTie Commercial Bank Ltd
TW:2849
|
-0.001x |
|
Ganzhou Yihao New Materials Co. Ltd. A
SHE:301176
|
-0.056x |
|
Shenzhen Tagen Group Co Ltd
SHE:000090
|
-0.001x |
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 ASA Gold and Precious Metals Ltd market capitalisation.
| 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