Kula Gold FCF yield
What is the FCF yield of Kula Gold?
The FCF yield of Kula Gold Limited is -40.53%
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 Kula Gold
What does Kula Gold do?
Kula Gold Limited identifies and explores for metals in Western Australia. The company primarily explores for gold, lithium, halloysite, nickel, kaolin, and copper deposits, as well as platinum group elements. It holds interests in the Airfield gold project located in Marvel Loch, Western Australia; the Rankin Dome project situated to west and north west of the town of Southern Cross, Western Australia; the Westonia Gold project; the Brunswick Ni-PGE project located in the southwest region of western Australia; and the Lake Rebecca gold project. The company also holds interests in the Crayfish Gold and Boomerang Kaolin prospects. Kula Gold Limited was incorporated in 2007 and is based in Perth, Australia.
Companies with fcf yield similar to Kula Gold
- QC Copper and Gold has FCF yield of -40.81%
- 2360 has FCF yield of -40.71%
- Axis Auto Finance has FCF yield of -40.69%
- Changmao Biochemical Engineering has FCF yield of -40.63%
- Agile Therapeutics Inc has FCF yield of -40.58%
- Midatech Pharma Plc has FCF yield of -40.57%
- Kula Gold has FCF yield of -40.53%
- Warrior Gold has FCF yield of -40.53%
- China Communications Construction has FCF yield of -40.53%
- Cyclerion Therapeutics has FCF yield of -40.51%
- GobiMin has FCF yield of -40.47%
- SIFCO Industries has FCF yield of -40.45%
- MinKap Resources has FCF yield of -40.42%