Future Metals NL
Future Metals NL engages in the exploration and development of mineral properties in Western Australia. The company explores for nickel, chromium, copper, platinum, palladium, and gold deposits. Its 100% owned Panton platinum group metals project consists of three granted mining leases covering a total area of approximately 23 square kilometers located in the East Kimberley Region of Western Aust… Read more
Future Metals NL (FMELF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: -0.071x
Based on the latest financial reports, Future Metals NL (FMELF) has a cash flow conversion efficiency ratio of -0.071x 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 ($-1.35 Million) by net assets ($18.89 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Future Metals NL - Cash Flow Conversion Efficiency Trend (2021–2023)
This chart illustrates how Future Metals NL's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Future Metals NL Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Future Metals NL ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Alisa Pankki Oyj
HE:ALISA
|
-0.437x |
|
Park Elektrik Uretim Madencilik Sanayi ve Ticaret AS
IS:PRKME
|
0.007x |
|
PREDATOR OIL A.GAS HLDGS
F:1EM
|
N/A |
|
seha corporation
KO:027970
|
0.076x |
|
Ora Gold Ltd
AU:OAU
|
-0.278x |
|
Alpine Select AG
SW:ALPN
|
-0.011x |
|
Intensity Therapeutics, Inc. Common stock
NASDAQ:INTS
|
-0.331x |
|
Firetail Resources Ltd
AU:FTL
|
-0.038x |
Annual Cash Flow Conversion Efficiency for Future Metals NL (2021–2023)
The table below shows the annual cash flow conversion efficiency of Future Metals NL from 2021 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-06-30 | $18.89 Million | $-6.57 Million | -0.348x | -35.92% |
| 2022-06-30 | $22.15 Million | $-5.67 Million | -0.256x | -715.60% |
| 2021-06-30 | $24.72 Million | $-775.96K | -0.031x | -- |