Fortescue Metals Group Ltd
Fortescue Ltd engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. The company explores for copper and lithium deposits; and rare earth elements. It owns and operates rail and port facilities; and focuses on producing green energy and green hydrogen, including derivatives comprising green ammonia, as well as green technolo… Read more
Fortescue Metals Group Ltd (FSUMF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: 0.125x
Based on the latest financial reports, Fortescue Metals Group Ltd (FSUMF) has a cash flow conversion efficiency ratio of 0.125x 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 ($2.24 Billion) by net assets ($18.00 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Fortescue Metals Group Ltd - Cash Flow Conversion Efficiency Trend (2014–2023)
This chart illustrates how Fortescue Metals Group 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.
Fortescue Metals Group Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Fortescue Metals Group Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Dawning Information Industry Co Ltd
SHG:603019
|
0.004x |
|
Samsung Life
KO:032830
|
0.020x |
|
Repsol S.A
OTCQX:REPYF
|
0.059x |
|
NEXT plc
PINK:NXGPF
|
0.252x |
|
Intra-Cellular Therapies Inc
NASDAQ:ITCI
|
-0.011x |
|
Repsol SA
OTCQX:REPYY
|
0.059x |
|
E.SUN Financial Holding Co Ltd
TW:2884
|
-0.011x |
|
Coca-Cola Consolidated Inc.
NASDAQ:COKE
|
-0.283x |
Annual Cash Flow Conversion Efficiency for Fortescue Metals Group Ltd (2014–2023)
The table below shows the annual cash flow conversion efficiency of Fortescue Metals Group Ltd from 2014 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-06-30 | $18.00 Billion | $7.43 Billion | 0.413x | +7.77% |
| 2022-06-30 | $17.34 Billion | $6.65 Billion | 0.383x | -46.04% |
| 2021-06-30 | $17.73 Billion | $12.59 Billion | 0.710x | +113.62% |
| 2020-06-30 | $19.30 Billion | $6.42 Billion | 0.332x | +14.91% |
| 2019-06-30 | $15.12 Billion | $4.37 Billion | 0.289x | +137.93% |
| 2018-06-30 | $13.17 Billion | $1.60 Billion | 0.122x | -63.85% |
| 2017-06-30 | $12.65 Billion | $4.26 Billion | 0.336x | +55.64% |
| 2016-06-30 | $11.32 Billion | $2.45 Billion | 0.216x | -20.05% |
| 2015-06-30 | $7.54 Billion | $2.04 Billion | 0.270x | -67.20% |
| 2014-06-30 | $7.58 Billion | $6.25 Billion | 0.824x | -- |