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Metalite Resources (XCNQ:METL) FCF Yield % : -82.75 (As of May. 16, 2024)


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What is Metalite Resources 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, Metalite Resources's Trailing 12-Month Free Cash Flow is C$-0.52 Mil, and Market Cap is C$0.63 Mil. Therefore, Metalite Resources's FCF Yield % for today is -82.75%.

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

XCNQ:METL' s FCF Yield % Range Over the Past 10 Years
Min: -494.05   Med: 0   Max: 0
Current: -82.75


XCNQ:METL's FCF Yield % is ranked worse than
94.24% of 2709 companies
in the Metals & Mining industry
Industry Median: -12.75 vs XCNQ:METL: -82.75

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


Metalite Resources FCF Yield % Historical Data

The historical data trend for Metalite Resources'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.

Metalite Resources FCF Yield % Chart

Metalite Resources Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
FCF Yield %
- -2.64 -3.31 -63.76 -103.22

Metalite Resources Quarterly Data
Jun19 Sep19 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 Premium Member Only Premium Member Only -33.20 -19.58 -61.15 -8.81 -0.79

Competitive Comparison of Metalite Resources's FCF Yield %

For the Gold subindustry, Metalite Resources'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.


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

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

* The bar in red indicates where Metalite Resources's FCF Yield % falls into.



Metalite Resources 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.

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

FCF Yield %=Free Cash Flow / Market Cap
=-0.522 / 0.50571
=-103.22%

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

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=-0.001 * 4 / 0.50571
=-0.79%

* 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.


Metalite Resources 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.


Metalite Resources FCF Yield % Related Terms

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Metalite Resources (XCNQ:METL) Business Description

Traded in Other Exchanges
Address
82 Richmond Street East, Toronto, ON, CAN, M5C 1P1
Metalite Resources Inc is in the exploration for mineral resources in New South Wales, Australia.

Metalite Resources (XCNQ:METL) Headlines

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