Tearlach Resources Ltd Cash Flow Conversion Efficiency
Tearlach Resources Ltd 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.
Cash Flow Conversion Efficiency of Tearlach Resources Ltd (2017–2023)
Cash flow conversion efficiency of Tearlach Resources Ltd from 2017 to 2023. This chart illustrates how Tearlach Resources Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View TEA share price today for real-time trading data and today's change.
Tearlach Resources Ltd Cash Flow Conversion Ratio Explained
Tearlach 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.
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. Also see Tearlach Resources Ltd (TEA) total market value for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Identillect Technologies Corp
V:ID
|
0.006x |
|
Marwyn Value Investors Limited
LSE:MVI
|
0.017x |
|
Lifeist Wellness Inc
V:LFST
|
-0.325x |
|
BIOCURE TECHNOLOGY INC.
F:1WH
|
-0.005x |
|
Argo Blockchain PLC ADR
NASDAQ:ARBK
|
-0.930x |
|
Tangiamo Touch Technology AB
ST:TANGI
|
0.021x |
|
Corero Network Security plc
LSE:CNS
|
-0.046x |
|
Rainy Mountain Royalty Corp
V:RMO
|
-0.017x |
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. Review Tearlach Resources Ltd (TEA) FCF generation index 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 |
|---|---|---|---|---|
| 2023-09-30 | 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.