Highbank Resources Ltd. Cash Flow Conversion Efficiency

Latest as of September 2024: 0.002x

Highbank Resources Ltd. cash flow conversion efficiency. 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.

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

Cash flow conversion efficiency of Highbank Resources Ltd. from 2013 to 2023. This chart illustrates how Highbank Resources Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. View HBK live share price for real-time trading data and today's change.

Highbank Resources Ltd. Cash Flow Conversion Ratio Explained

Highbank Resources Ltd. cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Also see Highbank Resources Ltd. market capitalisation for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Robinson plc LSE:RBN	0.185x
Sareum Hldgs Plc LSE:SAR	-1.269x
PT Sreeya Sewu Indonesia Tbk JK:SIPD	-0.047x
Parkmead Group PLC LSE:PMG	-0.009x
Portmeirion Group LSE:PMGR	0.030x
CERTIVE SOLUTIONS INC. F:5CE	N/A
VEOM Group S.A. PA:ALVG	-0.372x
First Merchants Corporation Depository Shares NASDAQ:FRMEP	0.033x

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. Review cash generation quality of Highbank Resources Ltd. to assess how much free cash flow the company generates relative to operating cash flow.

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

#31299 Global

#1669 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