Alliance Nickel (ASX:AXN) FCF Yield % : -36.71 (As of May. 15, 2024)

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What is Alliance Nickel 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, Alliance Nickel's Trailing 12-Month Free Cash Flow is A$-14.12 Mil, and Market Cap is A$38.47 Mil. Therefore, Alliance Nickel's FCF Yield % for today is -36.71%.

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

ASX:AXN' s FCF Yield % Range Over the Past 10 Years
Min: -36.71 Med: 1.75 Max: 4.61
Current: -36.71

During the past 13 years, the highest FCF Yield % of Alliance Nickel was 4.61%. The lowest was -36.71%. And the median was 1.75%.

ASX:AXN's FCF Yield % is ranked worse than
79.51% of 2709 companies
in the Metals & Mining industry
Industry Median: -12.82 vs ASX:AXN: -36.71

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

Alliance Nickel FCF Yield % Historical Data

The historical data trend for Alliance Nickel'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.

Alliance Nickel FCF Yield % Chart

Alliance Nickel Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

FCF Yield %

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-7.44

-5.62

-5.13

-2.49

-14.23

Alliance Nickel Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
FCF Yield %	Get a 7-Day Free Trial															-3.21	-2.68	-6.10	-23.14	-40.80

Competitive Comparison of Alliance Nickel's FCF Yield %

For the Other Industrial Metals & Mining subindustry, Alliance Nickel'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.

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

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

* The bar in red indicates where Alliance Nickel's FCF Yield % falls into.

Alliance Nickel 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.

Alliance Nickel's FCF Yield % for the fiscal year that ended in Jun. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	-9.539	/	67.031964
	=	-14.23%

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

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	-6.367	*	2	/	31.21112
	=	-40.80%

Alliance Nickel 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.

Alliance Nickel FCF Yield % Related Terms

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Alliance Nickel (ASX:AXN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alliance Nickel Ltd (ASX:AXN) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

GM90:Germany

Address

45 Stirling Highway, Level 1, Suite 1.02, Nedlands, WA, AUS, 6009

Website

https://www.alliancenickel.au

Alliance Nickel Ltd is an exploration and development company with nickel, cobalt and gold interests in Western Australia. Alliance's principal asset is its 100% owned NiWest Nickel Cobalt Project situated adjacent to Glencore's Murrin Murrin Operations. The company has completed a Pre-Feasibility Study which has confirmed the technical and economic viability of a heap leach and direct solvent extraction operation at undeveloped nickel/cobalt deposits in Australia.

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