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Eureka Lithium (XCNQ:ERKA) FCF Yield % : -49.60 (As of May. 30, 2024)


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What is Eureka Lithium 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, Eureka Lithium's Trailing 12-Month Free Cash Flow is C$-2.57 Mil, and Market Cap is C$5.18 Mil. Therefore, Eureka Lithium's FCF Yield % for today is -49.60%.

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

XCNQ:ERKA' s FCF Yield % Range Over the Past 10 Years
Min: -66.3   Med: 0   Max: 0
Current: -49.6


XCNQ:ERKA's FCF Yield % is ranked worse than
86.64% of 2710 companies
in the Metals & Mining industry
Industry Median: -12.265 vs XCNQ:ERKA: -49.60

Eureka Lithium's FCF Margin % for the quarter that ended in Mar. 2024 was 0.00%.


Eureka Lithium FCF Yield % Historical Data

The historical data trend for Eureka Lithium'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.

Eureka Lithium FCF Yield % Chart

Eureka Lithium Annual Data
Trend Dec21 Dec22 Dec23
FCF Yield %
- -11.81 -24.61

Eureka Lithium Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
FCF Yield % Get a 7-Day Free Trial Premium Member Only -1.07 -13.88 - -31.43 -19.05

Competitive Comparison of Eureka Lithium's FCF Yield %

For the Other Industrial Metals & Mining subindustry, Eureka Lithium'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.


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

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

* The bar in red indicates where Eureka Lithium's FCF Yield % falls into.



Eureka Lithium 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.

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

FCF Yield %=Free Cash Flow / Market Cap
=-6.496 / 26.394846
=-24.61%

Eureka Lithium's annualized FCF Yield % for the quarter that ended in Mar. 2024 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=-0.493 * 4 / 10.35092
=-19.05%

* 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.


Eureka Lithium 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.


Eureka Lithium FCF Yield % Related Terms

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Eureka Lithium (XCNQ:ERKA) Business Description

Traded in Other Exchanges
Address
666 Burrard Street, 2800 Park Place, Vancouver, BC, CAN, V6C 2Z7
Eureka Lithium Corp is a junior mining company engaged in the acquisition, exploration, and development of mineral properties. It has a Lithium project in Nunavik which are Raglan West District, Raglan South District, and New Leaf District.
Executives
Jeffrey Wilson Director, Senior Officer

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