Turmalina Metals Corp Cash Flow Conversion Efficiency
Turmalina Metals Corp cash flow conversion efficiency. Based on the latest financial reports, Turmalina Metals Corp (TBX) has a cash flow conversion efficiency ratio of 0.012x as of December 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$-15.40K ≈ $-11.14K USD) by net assets (CA$-1.26 Million ≈ $-914.48K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Turmalina Metals Corp (2018–2024)
Cash flow conversion efficiency of Turmalina Metals Corp from 2018 to 2024. This chart illustrates how Turmalina Metals Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. View TBX stock price for real-time trading data and today's change.
Turmalina Metals Corp Cash Flow Conversion Ratio Explained
Turmalina Metals Corp cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Turmalina Metals Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Turmalina Metals Corp ranked by their cash flow conversion efficiency. Also see Turmalina Metals Corp stock valuation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Genetic Signatures Ltd
AU:GSS
|
-0.008x |
|
Gti Energy Ltd
AU:GTR
|
-0.033x |
|
Supreme Engineering Limited
NSE:SUPREMEENG
|
-0.011x |
|
Sparc Technologies Ltd
AU:SPN
|
-0.290x |
|
Harta Djaya Karya Tbk Pt
JK:MEJA
|
0.291x |
|
Sekuro Plastik Ambalaj Sanayi AS
IS:SEKUR
|
-0.167x |
|
Nagambie Resources Ltd
AU:NAG
|
-0.036x |
|
Observe Medical Asa
OL:OBSRV
|
-0.829x |
Annual Cash Flow Conversion Efficiency for Turmalina Metals Corp (2018–2024)
The table below shows the annual cash flow conversion efficiency of Turmalina Metals Corp from 2018 to 2024. Review TBX financial flexibility score to assess the company's free cash flow relative to its total liabilities.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$-1.26 Million ≈ $-914.48K |
CA$-1.48 Million ≈ $-1.07 Million |
1.167x | +137.34% |
| 2023-12-31 | CA$1.39 Million ≈ $1.01 Million |
CA$-4.34 Million ≈ $-3.14 Million |
-3.125x | -83.18% |
| 2022-12-31 | CA$1.90 Million ≈ $1.38 Million |
CA$-3.24 Million ≈ $-2.35 Million |
-1.706x | -75.19% |
| 2021-12-31 | CA$5.57 Million ≈ $4.03 Million |
CA$-5.43 Million ≈ $-3.93 Million |
-0.974x | -62.95% |
| 2020-12-31 | CA$10.82 Million ≈ $7.83 Million |
CA$-6.47 Million ≈ $-4.68 Million |
-0.598x | +3.13% |
| 2019-12-31 | CA$5.74 Million ≈ $4.15 Million |
CA$-3.54 Million ≈ $-2.56 Million |
-0.617x | -123.33% |
| 2018-12-31 | CA$-217.02K ≈ $-156.99K |
CA$-574.00K ≈ $-415.22K |
2.645x | -- |
About Turmalina Metals Corp
Turmalina Metals Corp. engages in the acquisition, exploration, and evaluation of mineral resource properties in South America. It primarily explores for gold, copper, and silver deposits. The company's principal property is the San Francisco project located in San Juan Province, Argentina. The company was formerly known as Turmalina Copper Corp. and changed its name to Turmalina Metals Corp. in … Read more