Tearlach Resources Ltd (TEA) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Tearlach Resources Ltd (TEA) has a cash flow conversion efficiency ratio of -0.043x as of June 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$-62.33K ≈ $-45.09K USD) by net assets (CA$1.46 Million ≈ $1.05 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 TEA net asset quality index to measure how much of total assets are equity-financed.
Tearlach Resources Ltd - Cash Flow Conversion Efficiency Trend (2017–2023)
This chart illustrates how Tearlach Resources Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check TEA operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
Tearlach Resources Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Tearlach Resources Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Satis Group S.A.
WAR:STS
|
0.000x |
|
BIOCURE TECHNOLOGY INC.
F:1WH
|
-0.005x |
|
Gateley (Holdings) Plc
LSE:GTLY
|
0.129x |
|
Rare Foods Australia Ltd
AU:RFA
|
-0.026x |
|
Queste Communications Ltd
AU:QUE
|
-0.039x |
|
Argo Blockchain PLC ADR
NASDAQ:ARBK
|
-0.930x |
|
Tangiamo Touch Technology AB
ST:TANGI
|
0.021x |
|
The Alumasc Group plc
LSE:ALU
|
0.068x |
Annual Cash Flow Conversion Efficiency for Tearlach Resources Ltd (2017–2023)
The table below shows the annual cash flow conversion efficiency of Tearlach Resources Ltd from 2017 to 2023. For the full company profile with market capitalisation and key ratios, see Tearlach Resources Ltd (TEA) total market value.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-09-30 | CA$3.89 Million ≈ $2.81 Million |
CA$-4.58 Million ≈ $-3.32 Million |
-1.179x | -699.56% |
| 2022-09-30 | CA$-400.60K ≈ $-289.79K |
CA$-78.80K ≈ $-57.00K |
0.197x | -25.45% |
| 2021-09-30 | CA$-247.55K ≈ $-179.07K |
CA$-65.32K ≈ $-47.25K |
0.264x | +118.72% |
| 2020-09-30 | CA$-213.81K ≈ $-154.67K |
CA$-25.79K ≈ $-18.66K |
0.121x | -74.56% |
| 2019-09-30 | CA$-164.04K ≈ $-118.66K |
CA$-77.79K ≈ $-56.27K |
0.474x | +2600.75% |
| 2018-09-30 | CA$-3.95 Million ≈ $-2.86 Million |
CA$-69.31K ≈ $-50.13K |
0.018x | +2081.17% |
| 2017-09-30 | CA$-3.63 Million ≈ $-2.63 Million |
CA$-2.92K ≈ $-2.11K |
0.001x | -- |
About Tearlach Resources Ltd
Tearlach Resources Limited engages in the acquisition, exploration, and development of lithium projects in the Americas. It holds interests in the Savant East project, Wesley Lithium project, Harth Lithium project, Pakwan project, Shelby projects, Fliszar projects, Georgina Stairs project, Rhyolite Peak project, and Long Lake project. The company is headquartered in Vancouver, Canada.