Premier African Minerals Limited
Premier African Minerals Limited, together with its subsidiaries, engages in the investment, mining, exploration, evaluation, and development of natural resource properties on the African continent. It explores for tungsten, lithium, tantalum, fluorspar, rare earth elements, and gold deposits. The company was formerly known as G&B African Resources Limited and changed its name to Premier African … Read more
Premier African Minerals Limited (PRMMF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: -0.038x
Based on the latest financial reports, Premier African Minerals Limited (PRMMF) has a cash flow conversion efficiency ratio of -0.038x 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 ($-468.00K) by net assets ($12.45 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Premier African Minerals Limited - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how Premier African Minerals 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.
Premier African Minerals Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Premier African Minerals Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
TAKE-TWO INTERACT - Dusseldorf Stock Exchang
DU:TKE
|
-0.022x |
|
Stuve Gold Corp
V:STUV
|
-0.001x |
|
Yaprak Sut ve Besi Ciftlikleri Sanayi ve Ticaret AS
IS:YAPRK
|
-0.042x |
|
Siamraj Public Company Limited
BK:SR
|
0.026x |
|
First High-School Education Group Co Ltd
PINK:FHSEY
|
-0.436x |
|
Highway 50 Gold Corp
PINK:HGGCF
|
-0.025x |
|
Amfin Financial Corp
PINK:AFNL
|
N/A |
|
CopperEx Resources Corporation
V:CUEX
|
-0.006x |
Annual Cash Flow Conversion Efficiency for Premier African Minerals Limited (2019–2024)
The table below shows the annual cash flow conversion efficiency of Premier African Minerals Limited from 2019 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $7.43 Million | $-10.02 Million | -1.348x | -143.87% |
| 2023-12-31 | $14.53 Million | $-8.03 Million | -0.553x | -130.81% |
| 2022-12-31 | $16.79 Million | $30.12 Million | 1.794x | +1096.67% |
| 2021-12-31 | $14.25 Million | $-2.56 Million | -0.180x | -89.90% |
| 2020-12-31 | $8.26 Million | $-783.00K | -0.095x | -16.35% |
| 2019-12-31 | $4.96 Million | $-404.00K | -0.081x | -- |