Cygnus Metals Limited
Cygnus Metals Limited engages in the exploration of mineral properties in Canada and Western Australia. The company explores for lithium, gold, nickel, and copper deposits, as well as rare earth elements and platinum group elements. Its flagship projects include the Corner Bay and Devlin projects located on south of Chibougamau, Québec. The company was formerly known as Cygnus Gold Limited and ch… Read more
Cygnus Metals Limited (CYGGF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2022: -0.060x
Based on the latest financial reports, Cygnus Metals Limited (CYGGF) has a cash flow conversion efficiency ratio of -0.060x as of December 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 ($-1.05 Million) by net assets ($17.40 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cygnus Metals Limited - Cash Flow Conversion Efficiency Trend (2019–2022)
This chart illustrates how Cygnus Metals Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Cygnus Metals Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Cygnus Metals Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Furonteer Inc.
KQ:370090
|
-0.039x |
|
Brisanet Participacoes SA
SA:BRIT3
|
0.120x |
|
Selcuk Gida Endustri Ihracat Ithalat AS
IS:SELGD
|
0.021x |
|
Pathfinder Bancorp Inc
NASDAQ:PBHC
|
0.058x |
|
Arn Media Ltd
AU:A1N
|
0.132x |
|
Burelle S.A.
LSE:0OG5
|
N/A |
|
QSYS
ST:QSYS
|
0.088x |
|
TMP Steel
TWO:6248
|
0.140x |
Annual Cash Flow Conversion Efficiency for Cygnus Metals Limited (2019–2022)
The table below shows the annual cash flow conversion efficiency of Cygnus Metals Limited from 2019 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | $17.40 Million | $-2.11 Million | -0.121x | +57.43% |
| 2021-12-31 | $3.11 Million | $-885.01K | -0.285x | -740.62% |
| 2020-12-31 | $3.38 Million | $-114.31K | -0.034x | +72.96% |
| 2019-12-31 | $5.08 Million | $-636.58K | -0.125x | -- |