Highbank Resources Ltd. (HBK) - Cash Flow Conversion Efficiency

Latest as of September 2024: 0.002x

Based on the latest financial reports, Highbank Resources Ltd. (HBK) has a cash flow conversion efficiency ratio of 0.002x as of September 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 (CA$-23.50K ≈ $-17.00K USD) by net assets (CA$-12.62 Million ≈ $-9.13 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Highbank Resources Ltd. balance sheet quality to measure how much of total assets are equity-financed.

Highbank Resources Ltd. - Cash Flow Conversion Efficiency Trend (2013–2023)

This chart illustrates how Highbank Resources Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Highbank Resources Ltd. total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.

Highbank Resources Ltd. Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Highbank Resources Ltd. ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
KINGMAN MINERALS LTD. F:47A	-0.113x
Tan Delta Systems PLC LSE:TAND	-0.245x
Amigo Holdings PLC LSE:AMGO	N/A
ORUM KQ:475830	-0.045x
Portmeirion Group LSE:PMGR	0.030x
CERTIVE SOLUTIONS INC. F:5CE	N/A
VEOM Group S.A. PA:ALVG	-0.372x
HARVEST MINERALS LTD F:7HM	N/A

Annual Cash Flow Conversion Efficiency for Highbank Resources Ltd. (2013–2023)

The table below shows the annual cash flow conversion efficiency of Highbank Resources Ltd. from 2013 to 2023. For the full company profile with market capitalisation and key ratios, see HBK stock market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2023-12-31	CA$-12.17 Million ≈ $-8.80 Million	CA$-225.34K ≈ $-163.00K	0.019x	-30.89%
2022-12-31	CA$-10.53 Million ≈ $-7.62 Million	CA$-282.21K ≈ $-204.14K	0.027x	+352.90%
2021-12-31	CA$-9.46 Million ≈ $-6.84 Million	CA$-55.96K ≈ $-40.48K	0.006x	-92.19%
2020-12-31	CA$-2.23 Million ≈ $-1.61 Million	CA$-169.10K ≈ $-122.33K	0.076x	+103.96%
2019-12-31	CA$168.77K ≈ $122.08K	CA$-323.33K ≈ $-233.89K	-1.916x	-2478.60%
2018-12-31	CA$3.05 Million ≈ $2.21 Million	CA$-226.48K ≈ $-163.84K	-0.074x	-23.44%
2017-12-31	CA$4.28 Million ≈ $3.10 Million	CA$-257.53K ≈ $-186.29K	-0.060x	+43.10%
2016-12-31	CA$3.99 Million ≈ $2.89 Million	CA$-422.44K ≈ $-305.59K	-0.106x	-1887.75%
2015-12-31	CA$3.89 Million ≈ $2.82 Million	CA$-20.72K ≈ $-14.99K	-0.005x	+97.33%
2014-12-31	CA$4.56 Million ≈ $3.30 Million	CA$-909.94K ≈ $-658.24K	-0.199x	+27.00%
2013-12-31	CA$2.37 Million ≈ $1.72 Million	CA$-648.14K ≈ $-468.86K	-0.273x	--

About Highbank Resources Ltd.

V:HBK Canada Other Industrial Metals & Mining

Market Cap

$254.10K

CA$351.27K CAD

Market Cap Rank

#31142 Global

#1671 in Canada

Share Price

CA$0.02

Change (1 day)

+0.00%

52-Week Range

CA$0.02 - CA$0.02

All Time High

CA$1.05