Lovitt Resources Inc
Lovitt Resources Inc., through its subsidiary, Lovitt Mining Company, Inc., engages in the acquisition, exploration, and development of mineral properties in the United States and Canada. The company primarily explores for gold and silver deposits. It holds interests in the Lovitt gold mine; and other mining assets consisting of approximately 285 acres of land adjoining of Wenatchee, Washington. … Read more
Lovitt Resources Inc (LRCFF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2023: 0.035x
Based on the latest financial reports, Lovitt Resources Inc (LRCFF) has a cash flow conversion efficiency ratio of 0.035x as of March 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 ($-35.27K) by net assets ($-1.01 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Lovitt Resources Inc - Cash Flow Conversion Efficiency Trend (2015–2022)
This chart illustrates how Lovitt Resources Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Lovitt Resources Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Lovitt Resources Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Beta Systems Software AG
F:BSS
|
0.005x |
|
TOKUYAMA
BE:TBT
|
N/A |
|
Alpha Group International plc
LSE:ALPH
|
-0.074x |
|
Jacquet Metals
STU:I43
|
0.116x |
|
ECWDF
PINK:ECWDF
|
-0.030x |
|
ALKERMES (8AK.SG)
STU:8AK
|
0.063x |
|
TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064
NASDAQ:TPGXL
|
N/A |
|
COMPUGROUP MEDICAL V
XETRA:COP0
|
N/A |
Annual Cash Flow Conversion Efficiency for Lovitt Resources Inc (2015–2022)
The table below shows the annual cash flow conversion efficiency of Lovitt Resources Inc from 2015 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-06-30 | $-941.63K | $-92.74K | 0.098x | +43.22% |
| 2021-06-30 | $-821.38K | $-56.48K | 0.069x | -81.07% |
| 2019-06-30 | $-718.45K | $-261.05K | 0.363x | -60.15% |
| 2017-06-30 | $-301.78K | $-275.12K | 0.912x | +211.66% |
| 2016-06-30 | $-430.88K | $-126.04K | 0.293x | -5.94% |
| 2016-03-31 | $-417.26K | $-129.77K | 0.311x | -60.23% |
| 2015-06-30 | $-232.88K | $-182.13K | 0.782x | -- |