Oceana Lithium (ASX:OCN) FCF Yield % : -134.29 (As of May. 23, 2024)

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What is Oceana 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, Oceana Lithium's Trailing 12-Month Free Cash Flow is A$-4.99 Mil, and Market Cap is A$3.71 Mil. Therefore, Oceana Lithium's FCF Yield % for today is -134.29%.

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

ASX:OCN' s FCF Yield % Range Over the Past 10 Years
Min: -143.87 Med: 0 Max: 0
Current: -134.29

ASX:OCN's FCF Yield % is ranked worse than
97.86% of 2707 companies
in the Metals & Mining industry
Industry Median: -12.26 vs ASX:OCN: -134.29

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

Oceana Lithium FCF Yield % Historical Data

The historical data trend for Oceana 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.

Oceana Lithium FCF Yield % Chart

Oceana Lithium Annual Data

Trend

Dec21

Jun23

FCF Yield %

-11.33

Oceana Lithium Semi-Annual Data
	Dec22	Jun23	Dec23
FCF Yield %	-10.60	-13.60	-65.28

Competitive Comparison of Oceana Lithium's FCF Yield %

For the Other Industrial Metals & Mining subindustry, Oceana 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.

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

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

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

Oceana 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.

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

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	-2.988	/	26.36322
	=	-11.33%

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

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	-3.192	*	2	/	9.77976
	=	-65.28%

Oceana 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.

Oceana Lithium FCF Yield % Related Terms

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Oceana Lithium (ASX:OCN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Oceana Lithium Ltd (ASX:OCN) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Richardson Street, Level 1, West Perth, Perth, WA, AUS, 6005

Website

https://www.oceanalithium.com.au

Oceana Lithium Ltd is a mineral exploration and development company focused on the discovery and delineation of lithium mineral resources in two mining-friendly jurisdictions, the state of Ceara, Brazil, and the Northern Territory, Australia. It holds interest in the Solonopole lithium project in Brazil and the Napperby lithium project in Northern Territory.