Lake Resources NL
Lake Resources NL engages in the exploration and development of lithium brine and mineral properties primarily in Argentina, Australia, and the United States. Its flagship project is the Kachi lithium brine project located in the Catamarca province of Argentina. Lake Resources NL was incorporated in 1997 and is based in Sydney, Australia.
Lake Resources NL (LLKKF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: -0.016x
Based on the latest financial reports, Lake Resources NL (LLKKF) has a cash flow conversion efficiency ratio of -0.016x as of June 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 ($-2.82 Million) by net assets ($176.32 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Lake Resources NL - Cash Flow Conversion Efficiency Trend (2015–2023)
This chart illustrates how Lake Resources NL's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Lake Resources NL Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Lake Resources NL ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Cube Entertainment Inc
KQ:182360
|
-0.030x |
|
Prime Electronics & Satellitics Inc
TW:6152
|
-0.031x |
|
GR Silver Mining Ltd
OTCQB:GRSLF
|
-0.145x |
|
Sambo Motors Co. Ltd
KQ:053700
|
0.031x |
|
China Automotive Systems Inc
NASDAQ:CAAS
|
0.073x |
|
TECHPOINT INC. JDR/1
F:R46
|
N/A |
|
Meka Beton Santralleri Imalat Sanayi ve Ticaret A.S.
IS:MEKAG
|
0.006x |
|
5E Advanced Materials Inc
NASDAQ:FEAM
|
-0.101x |
Annual Cash Flow Conversion Efficiency for Lake Resources NL (2015–2023)
The table below shows the annual cash flow conversion efficiency of Lake Resources NL from 2015 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-06-30 | $176.32 Million | $-27.73 Million | -0.157x | -260.87% |
| 2022-06-30 | $218.83 Million | $-9.54 Million | -0.044x | +16.03% |
| 2021-06-30 | $46.87 Million | $-2.43 Million | -0.052x | +64.43% |
| 2020-06-30 | $17.05 Million | $-2.49 Million | -0.146x | +42.94% |
| 2019-06-30 | $12.44 Million | $-3.18 Million | -0.256x | -12.42% |
| 2018-06-30 | $6.51 Million | $-1.48 Million | -0.228x | -13.72% |
| 2017-06-30 | $3.23 Million | $-646.04K | -0.200x | +75.70% |
| 2016-06-30 | $68.03K | $-56.01K | -0.823x | -72.04% |
| 2015-06-30 | $109.71K | $-52.51K | -0.479x | -- |