RareX Limited
RareX Limited engages in the exploration and development of mineral properties in Australia. The company primarily explores for rare earths and gallium, niobium, and scandium in hardrock carbonatites. Its flagship project is the 100% owned Cummins Range Rare Earths project located in the Kimberley region of Western Australia. The company was incorporated in 2003 and is based in Subiaco, Australia.
RareX Limited (REEEF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: -0.082x
Based on the latest financial reports, RareX Limited (REEEF) has a cash flow conversion efficiency ratio of -0.082x 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 ($-454.49K) by net assets ($5.52 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
RareX Limited - Cash Flow Conversion Efficiency Trend (2018–2023)
This chart illustrates how RareX 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.
RareX Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of RareX Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Transportation and Logistics System
PINK:TLSS
|
0.008x |
|
LIBERTY DEFENSE H
F:LD2A
|
N/A |
|
SunocoCorp LLC
NYSE:SUNC
|
0.100x |
|
Khandwala Securities Limited
NSE:KHANDSE
|
-0.049x |
|
West Mining Corp
PINK:WESMF
|
-0.008x |
|
BONGRAIN
BE:BGJ
|
N/A |
|
Powell Max Limited Class A Ordinary Shares
NASDAQ:PMAX
|
-0.076x |
|
ANDERSONS (AKG.SG)
STU:AKG
|
-0.001x |
Annual Cash Flow Conversion Efficiency for RareX Limited (2018–2023)
The table below shows the annual cash flow conversion efficiency of RareX Limited from 2018 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-06-30 | $5.52 Million | $-7.39 Million | -1.339x | -97.69% |
| 2022-06-30 | $9.56 Million | $-6.48 Million | -0.677x | -63.03% |
| 2021-06-30 | $8.24 Million | $-3.42 Million | -0.415x | -95.59% |
| 2020-06-30 | $6.35 Million | $-1.35 Million | -0.212x | +75.50% |
| 2019-06-30 | $1.36 Million | $-1.18 Million | -0.867x | -130.99% |
| 2018-06-30 | $2.52 Million | $-945.47K | -0.375x | -- |