Winsome Resources Limited
Winsome Resources Limited, together with its subsidiaries, engages in the exploration and development of lithium properties in Canada. Its flagship property is the 100% owned Adina Lithium project. The company was incorporated in 2021 and is based in West Perth, Australia.
Winsome Resources Limited (WRSLF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: -0.022x
Based on the latest financial reports, Winsome Resources Limited (WRSLF) has a cash flow conversion efficiency ratio of -0.022x 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 ($-1.51 Million) by net assets ($69.02 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Winsome Resources Limited - Cash Flow Conversion Efficiency Trend (2022–2023)
This chart illustrates how Winsome Resources 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.
Winsome Resources Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Winsome Resources Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Holland Colours NV
AS:HOLCO
|
-0.010x |
|
Sat Industries Limited
NSE:SATINDLTD
|
0.006x |
|
Seoul Food
KO:004410
|
-0.015x |
|
MedFirst Healthcare Services lnc
TWO:4175
|
0.076x |
|
Kimlun Corporation Bhd
KLSE:5171
|
-0.030x |
|
Technology & Telecommunication
NASDAQ:TETE
|
0.039x |
|
Element 25 Limited
PINK:ELMTF
|
-0.037x |
|
Beaver Coal Co Ltd
PINK:BVERS
|
N/A |
Annual Cash Flow Conversion Efficiency for Winsome Resources Limited (2022–2023)
The table below shows the annual cash flow conversion efficiency of Winsome Resources Limited from 2022 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-06-30 | $69.02 Million | $-3.94 Million | -0.057x | +28.47% |
| 2022-06-30 | $24.70 Million | $-1.97 Million | -0.080x | -- |