South Pacific Metals Corp. (SPMC) - Cash Flow Conversion Efficiency
Based on the latest financial reports, South Pacific Metals Corp. (SPMC) has a cash flow conversion efficiency ratio of -0.033x as of March 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$-309.00K) by net assets (CA$9.36 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
South Pacific Metals Corp. - Cash Flow Conversion Efficiency Trend (2019–2023)
This chart illustrates how South Pacific Metals Corp.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
South Pacific Metals Corp. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of South Pacific Metals Corp. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
DT&C Co. Ltd
KQ:187220
|
0.044x |
|
Carriesoft Co. Ltd
KQ:317530
|
-0.376x |
|
Carimin Petroleum Bhd
KLSE:5257
|
-0.032x |
|
Marka Yatirim Holding AS
IS:MARKA
|
N/A |
|
Thai Rubber Latex Group Public Company Limited
BK:TRUBB
|
-0.011x |
|
SPARK VC S.A. ZY 10
F:8N2
|
-0.015x |
|
Fidelity European Values
LSE:FEV
|
0.003x |
|
Bayfirst Financial Corp
NASDAQ:BAFN
|
0.540x |
Annual Cash Flow Conversion Efficiency for South Pacific Metals Corp. (2019–2023)
The table below shows the annual cash flow conversion efficiency of South Pacific Metals Corp. from 2019 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-09-30 | CA$8.22 Million | CA$-89.00K | -0.011x | +92.12% |
| 2022-09-30 | CA$6.90 Million | CA$-948.00K | -0.137x | -- |
| 2020-09-30 | CA$2.56 Million | CA$0.00 | 0.000x | -- |
| 2019-09-30 | CA$203.40K | CA$-34.45K | -0.169x | -- |
About South Pacific Metals Corp.
South Pacific Metals Corp., a mineral exploration company, engages in the acquisition and exploration of mineral properties. It explores for copper, gold, and silver deposits. The company's principal projects include the Anga project that covers an area of approximately 461 square kilometers; and the Osena project consists of an area of approximately 738 square kilometers located in the Kainantu … Read more