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Clarity Metals (XCNQ:CMET) FCF Yield % : -29.21 (As of Jun. 03, 2024)


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What is Clarity Metals FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Clarity Metals's Trailing 12-Month Free Cash Flow is C$-1.06 Mil, and Market Cap is C$3.64 Mil. Therefore, Clarity Metals's FCF Yield % for today is -29.21%.

The historical rank and industry rank for Clarity Metals's FCF Yield % or its related term are showing as below:

XCNQ:CMET' s FCF Yield % Range Over the Past 10 Years
Min: -226.36   Med: 0   Max: 0
Current: -29.21


XCNQ:CMET's FCF Yield % is ranked worse than
74.95% of 2711 companies
in the Metals & Mining industry
Industry Median: -12.12 vs XCNQ:CMET: -29.21

Clarity Metals's FCF Margin % for the quarter that ended in Dec. 2023 was 0.00%.


Clarity Metals FCF Yield % Historical Data

The historical data trend for Clarity Metals's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Clarity Metals FCF Yield % Chart

Clarity Metals Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
FCF Yield %
- -6.44 -68.45 -35.05 -46.21

Clarity Metals Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -108.01 -37.62 -13.46 -5.31 2.26

Competitive Comparison of Clarity Metals's FCF Yield %

For the Gold subindustry, Clarity Metals's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Clarity Metals's FCF Yield % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Clarity Metals's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Clarity Metals's FCF Yield % falls into.



Clarity Metals FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Clarity Metals's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=-1.064 / 2.30239
=-46.21%

Clarity Metals's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=0.013 * 4 / 2.30239
=2.26%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Clarity Metals FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Clarity Metals FCF Yield % Related Terms

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Clarity Metals (XCNQ:CMET) Business Description

Traded in Other Exchanges
Address
355 Burrard Street, Suite 1680, Vancouver, BC, CAN, V6C 2G8
Clarity Metals Corp is a Canadian mineral exploration company. The company focuses on the acquisition, exploration, and development of gold projects in Canada.

Clarity Metals (XCNQ:CMET) Headlines

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