Royal Helium Ltd
Royal Helium Ltd. engages in the exploration and development of helium in southern Saskatchewan, Canada. It focuses on helium and associated industrial gas production from helium permits and leases. The company's flagship property is the Steveville property located in southern Alberta. It holds approximately 1,000,000 acres of prospective helium permits and leases across southern Saskatchewan and… Read more
Royal Helium Ltd (RHCCF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: -0.076x
Based on the latest financial reports, Royal Helium Ltd (RHCCF) has a cash flow conversion efficiency ratio of -0.076x as of June 2024.
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 ($-3.82 Million) by net assets ($50.17 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Royal Helium Ltd - Cash Flow Conversion Efficiency Trend (2017–2023)
This chart illustrates how Royal Helium Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Royal Helium Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Royal Helium Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Verb Technology Company Inc
NASDAQ:VERB
|
-0.004x |
|
HPP Holdings Bhd
KLSE:0228
|
0.023x |
|
Moment Group AB
ST:MOMENT
|
0.609x |
|
Annexin Pharmaceuticals AB
ST:ANNX
|
-0.380x |
|
Boswell J G Co
PINK:BWEL
|
N/A |
|
188260
KQ:188260
|
-0.225x |
|
Bermas SA
RO:BRM
|
N/A |
|
VisDynamics Holdings Bhd
KLSE:0120
|
0.003x |
Annual Cash Flow Conversion Efficiency for Royal Helium Ltd (2017–2023)
The table below shows the annual cash flow conversion efficiency of Royal Helium Ltd from 2017 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $49.61 Million | $-5.39 Million | -0.109x | -67.01% |
| 2022-12-31 | $50.59 Million | $-3.29 Million | -0.065x | +24.36% |
| 2021-12-31 | $24.62 Million | $-2.12 Million | -0.086x | +18.83% |
| 2020-12-31 | $8.12 Million | $-859.97K | -0.106x | +54.84% |
| 2019-12-31 | $1.82 Million | $-427.29K | -0.234x | +45.61% |
| 2018-12-31 | $1.78 Million | $-765.79K | -0.431x | -233.22% |
| 2017-12-31 | $4.16 Million | $1.35 Million | 0.324x | -- |