Poseidon Nickel Limited
Poseidon Nickel Limited engages in the exploration, mining, and production of mineral properties in Australia. The company primarily explores for nickel, lithium, copper, and gold deposits, as well as other minerals. It holds interests in the Windarra, Black Swan, and Lake Johnston nickel projects located in Western Australia. The company was formerly known as Niagara Mining Limited and changed i… Read more
Poseidon Nickel Limited (PSDNF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 0.000x
Based on the latest financial reports, Poseidon Nickel Limited (PSDNF) has a cash flow conversion efficiency ratio of 0.000x as of June 2024.
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 ($-1.98K) by net assets ($21.84 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Poseidon Nickel Limited - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Poseidon Nickel 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.
Poseidon Nickel Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Poseidon Nickel Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Jayden Resources Inc.
OTCQB:JDNRF
|
-0.011x |
|
C I Systems
TA:CISY
|
0.039x |
|
Mentiga Corporation Bhd
KLSE:5223
|
0.008x |
|
MDI Energia S.A.
WAR:MDI
|
1.692x |
|
AFRICAN PIONEER PLC O.N.
F:9TI
|
N/A |
|
NRG ENERGY (NRA.SG)
STU:NRA
|
0.012x |
|
Buligo Capital Ltd
TA:BLGO
|
-0.035x |
|
Avira Resources Ltd
AU:AVW
|
-0.168x |
Annual Cash Flow Conversion Efficiency for Poseidon Nickel Limited (2016–2024)
The table below shows the annual cash flow conversion efficiency of Poseidon Nickel Limited from 2016 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-06-30 | $21.84 Million | $-7.21 Million | -0.330x | -144.72% |
| 2023-06-30 | $76.03 Million | $-10.26 Million | -0.135x | +7.97% |
| 2022-06-30 | $75.53 Million | $-11.08 Million | -0.147x | +9.29% |
| 2021-06-30 | $60.13 Million | $-9.72 Million | -0.162x | +14.86% |
| 2020-06-30 | $61.27 Million | $-11.63 Million | -0.190x | -35.29% |
| 2019-06-30 | $74.11 Million | $-10.40 Million | -0.140x | +50.43% |
| 2018-06-30 | $13.29 Million | $-3.76 Million | -0.283x | +9.18% |
| 2017-06-30 | $16.04 Million | $-5.00 Million | -0.312x | +52.52% |
| 2016-06-30 | $10.79 Million | $-7.08 Million | -0.657x | -- |