GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Comet Lithium Corp (TSXV:CLIC) » Definitions » Price-to-Free-Cash-Flow

Comet Lithium (TSXV:CLIC) Price-to-Free-Cash-Flow : N/A (As of Jun. 09, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Comet Lithium Price-to-Free-Cash-Flow?

As of today (2024-06-09), Comet Lithium's share price is C$0.32. Comet Lithium's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was C$-0.08. Hence, Comet Lithium's Price-to-Free-Cash-Flow Ratio for today is N/A.

The historical rank and industry rank for Comet Lithium's Price-to-Free-Cash-Flow or its related term are showing as below:

TSXV:CLIC's Price-to-Free-Cash-Flow is not ranked *
in the Metals & Mining industry.
Industry Median: 14.85
* Ranked among companies with meaningful Price-to-Free-Cash-Flow only.

Comet Lithium's Free Cash Flow per Share for the three months ended in Dec. 2023 was C$0.01. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was C$-0.08.

During the past 3 years, the average Free Cash Flow per Share Growth Rate was 48.80% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 37.90% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was 21.10% per year.

During the past 11 years, Comet Lithium's highest 3-Year average Free Cash Flow per Share Growth Rate was 48.80% per year. The lowest was -15.20% per year. And the median was 22.60% per year.


Comet Lithium Price-to-Free-Cash-Flow Historical Data

The historical data trend for Comet Lithium's Price-to-Free-Cash-Flow 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.

Comet Lithium Price-to-Free-Cash-Flow Chart

Comet Lithium Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Comet Lithium Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Free-Cash-Flow 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 Premium Member Only - - - - -

Competitive Comparison of Comet Lithium's Price-to-Free-Cash-Flow

For the Other Precious Metals & Mining subindustry, Comet Lithium's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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.


Comet Lithium's Price-to-Free-Cash-Flow Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Comet Lithium's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Comet Lithium's Price-to-Free-Cash-Flow falls into.



Comet Lithium Price-to-Free-Cash-Flow Calculation

Comet Lithium's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=0.32/-0.082
=N/A

Comet Lithium's Share Price of today is C$0.32.
Comet Lithium's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.08.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Comet Lithium  (TSXV:CLIC) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Comet Lithium Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Comet Lithium's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Comet Lithium (TSXV:CLIC) Business Description

Traded in Other Exchanges
Address
147 Avenue Quebec, Rouyn-Noranda, QC, CAN, J9X 6M8
Comet Lithium Corp is an exploration stage company, which is engaged in the business of acquiring, exploring, and developing mining and oil and gas properties. It holds interests in properties at the exploration stage located in Canada. Its projects are Troilus East, Ducran, Veronneau, and Others.
Executives
Vincent Metcalfe Director, Senior Officer

Comet Lithium (TSXV:CLIC) Headlines

No Headlines