Strandline Resources Limited
Strandline Resources Limited engages in the exploration and evaluation of mineral sands, and other base metal resources in Australia and Tanzania. The company offers zircon and titanium. Its principal mining assets include a portfolio of heavy mineral sands (HMS) projects; the Coburn HMS project located in Western Australia; and the Fungoni Mineral Sand project and the Tajiri Mineral Sands projec… Read more
Strandline Resources Limited (STQNF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2019: -0.163x
Based on the latest financial reports, Strandline Resources Limited (STQNF) has a cash flow conversion efficiency ratio of -0.163x as of December 2019.
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 ($-1.59 Million) by net assets ($9.76 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Strandline Resources Limited - Cash Flow Conversion Efficiency Trend (2015–2022)
This chart illustrates how Strandline Resources 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.
Strandline Resources Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Strandline Resources Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Galaxy Surfactants Limited
NSE:GALAXYSURF
|
0.067x |
|
Lime Technologies AB (publ)
ST:LIME
|
0.083x |
|
RECONN.ENERGY AFRICA
F:0XD
|
N/A |
|
First Community Corporation
NASDAQ:FCCO
|
0.057x |
|
DSC Investment Inc
KQ:241520
|
-0.040x |
|
Ningbo Changhong Polymer Scientific & Technical Inc
SHG:605008
|
-0.082x |
|
Kerjaya Prospek Group Bhd
KLSE:7161
|
0.003x |
|
Tourism Holdings Rentals Ltd
AU:THL
|
0.007x |
Annual Cash Flow Conversion Efficiency for Strandline Resources Limited (2015–2022)
The table below shows the annual cash flow conversion efficiency of Strandline Resources Limited from 2015 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-06-30 | $174.76 Million | $-5.87 Million | -0.034x | +56.01% |
| 2021-06-30 | $134.67 Million | $-10.29 Million | -0.076x | +86.16% |
| 2020-06-30 | $12.66 Million | $-6.99 Million | -0.552x | -11.03% |
| 2019-06-30 | $13.15 Million | $-6.54 Million | -0.497x | -82.08% |
| 2018-06-30 | $10.82 Million | $-2.95 Million | -0.273x | +48.01% |
| 2017-06-30 | $10.65 Million | $-5.59 Million | -0.525x | -65.25% |
| 2016-06-30 | $8.44 Million | $-2.68 Million | -0.318x | -147.37% |
| 2015-06-30 | $9.71 Million | $-1.25 Million | -0.128x | -- |