Equinox Resources (ASX:EQN) FCF Yield % : -6.81 (As of May. 15, 2024)

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What is Equinox 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, Equinox Resources's Trailing 12-Month Free Cash Flow is A$-1.79 Mil, and Market Cap is A$26.31 Mil. Therefore, Equinox Resources's FCF Yield % for today is -6.81%.

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

ASX:EQN' s FCF Yield % Range Over the Past 10 Years
Min: -10.12 Med: 0 Max: 0
Current: -6.81

ASX:EQN's FCF Yield % is ranked worse than
76.7% of 631 companies
in the Steel industry
Industry Median: 2.78 vs ASX:EQN: -6.81

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

Equinox Resources FCF Yield % Historical Data

The historical data trend for Equinox 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.

Equinox Resources FCF Yield % Chart

Equinox Resources Annual Data

Trend

Jun22

Jun23

FCF Yield %

-14.85

-17.06

Equinox Resources Quarterly Data
	Dec21	Jun22	Dec22	Jun23	Dec23
FCF Yield %	-	-	-	-	-

Competitive Comparison of Equinox Resources's FCF Yield %

For the Steel subindustry, Equinox 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.

Equinox Resources's FCF Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Equinox Resources's FCF Yield % distribution charts can be found below:

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

Equinox 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.

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

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	-1.792	/	10.505
	=	-17.06%

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

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	0	*	4	/	10.505
	=	0.00%

Equinox 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.

Equinox Resources FCF Yield % Related Terms

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Equinox Resources (ASX:EQN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Equinox Resources Ltd (ASX:EQN) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

182 St George's Terrace, Level 50, Perth, WA, AUS, 6000

Website

https://www.eqnx.com.au

Equinox Resources Ltd is a mineral exploration appraising and development company. It owns interests in the Hamersley Iron Ore Project is located north of Tom Price in the Pilbara region of Western Australia.

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