Sovereign Metals Limited
Sovereign Metals Limited, together with its subsidiaries, engages in the exploration and development of mineral resource projects in Malawi. The company primary explores rutile and graphite. It holds interest in the Kasiya Rutile-Graphite project located in Malawi. The company was incorporated in 2006 and is based in Perth, Australia.
Sovereign Metals Limited (SVMLF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2023: -0.142x
Based on the latest financial reports, Sovereign Metals Limited (SVMLF) has a cash flow conversion efficiency ratio of -0.142x as of December 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 ($-6.31 Million) by net assets ($44.26 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Sovereign Metals Limited - Cash Flow Conversion Efficiency Trend (2018–2023)
This chart illustrates how Sovereign Metals 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.
Sovereign Metals Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Sovereign Metals Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
JAKKS Pacific Inc
NASDAQ:JAKK
|
-0.034x |
|
Lanzhou Huanghe Enterprise Co Ltd
SHE:000929
|
-0.145x |
|
Anima Holding SpA
F:124
|
0.093x |
|
Power Nickel Inc.
PINK:PNPNF
|
-0.844x |
|
LOGAN GROUP HD -10
F:5LP
|
N/A |
|
First Savings Financial Group Inc
NASDAQ:FSFG
|
0.544x |
|
Endava Ltd
NYSE:DAVA
|
0.022x |
|
Prosperity Dielectrics Co Ltd
TWO:6173
|
0.030x |
Annual Cash Flow Conversion Efficiency for Sovereign Metals Limited (2018–2023)
The table below shows the annual cash flow conversion efficiency of Sovereign Metals Limited from 2018 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-06-30 | $9.67 Million | $-12.82 Million | -1.325x | -232.84% |
| 2022-06-30 | $25.16 Million | $-10.02 Million | -0.398x | -53.09% |
| 2021-06-30 | $15.08 Million | $-3.92 Million | -0.260x | +40.58% |
| 2020-06-30 | $9.30 Million | $-4.07 Million | -0.438x | +10.19% |
| 2019-06-30 | $10.14 Million | $-4.94 Million | -0.487x | -16.04% |
| 2018-06-30 | $10.28 Million | $-4.32 Million | -0.420x | -- |