Lithium Power International FCF yield
What is the FCF yield of Lithium Power International?
The FCF yield of Lithium Power International Limited is -2.41%
What is the definition of FCF yield?
Free cash flow yield (FCF yield) is a financial ratio that compares the free cash flow per share to the market value per share. The ratio is calculated by dividing free cash flow per share by the current share price.
ttm (trailing twelve months)
Free cash flow yield is a good measure of the company’s cash flow in respect to the company’s size. Larger companies tend to have a higher cash flow yield, but it’s not always the case. The higher the free cash flow yield, the more cash the company is generating that can be quickly accessed to satisfy its obligations. The lower the free cash flow yield, the more money investors are putting into the company with little result. The higher the ratio, the more attractive the investment is as it suggests that investors are paying less for each unit of free cash flow.
Free cash flow acts as an indicator of how capable a company is of repaying all of its obligations. It is a solid indicator of how financially stable a company is. It is calculated as:
Free cash flow yield = Free cash flow per share / market price per share
FCF yield of companies in the Materials sector on ASX compared to Lithium Power International
What does Lithium Power International do?
Lithium Power International Limited, a lithium company, engages in the identification, acquisition, development, and exploration of lithium projects in Chile and Australia. The company holds a 51% interest in the Maricunga lithium brine project located in the Atacama Region, Chile; and 100% interest in the Pilgangoora lithium tenement in the Pilbara region of North West Western Australia. It also holds a 100% interest in the Tabba Tabba property located in North West Western Australia; and 100% interest in the Greenbushes project in the South West Western Australia. Lithium Power International Limited was founded in 2015 and is based in Sydney, Australia.
Companies with fcf yield similar to Lithium Power International
- Acceleron Pharma Inc has FCF yield of -2.44%
- ICICI Prudential Life Insurance has FCF yield of -2.44%
- Rockhaven Resources has FCF yield of -2.43%
- Wenye Ltd has FCF yield of -2.43%
- Intergroup has FCF yield of -2.42%
- Thermador e SA has FCF yield of -2.42%
- Lithium Power International has FCF yield of -2.41%
- GuangDong SongYang Recycle Resources CO.,LTD has FCF yield of -2.41%
- Bee Vectoring Technologies International has FCF yield of -2.41%
- Bougainville Copper has FCF yield of -2.40%
- RH has FCF yield of -2.40%
- Angling Direct plc has FCF yield of -2.40%
- Kidztech Ltd has FCF yield of -2.40%