Miramar Resources Ltd Cash Flow Conversion Efficiency

Latest as of June 2025: -0.007x

Miramar Resources Ltd cash flow conversion efficiency. Based on the latest financial reports, Miramar Resources Ltd (M2R) has a cash flow conversion efficiency ratio of -0.007x as of June 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (AU$-69.42K ≈ $-49.12K USD) by net assets (AU$10.41 Million ≈ $7.37 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Cash Flow Conversion Efficiency of Miramar Resources Ltd (2019–2024)

Cash flow conversion efficiency of Miramar Resources Ltd from 2019 to 2024. This chart illustrates how Miramar Resources Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View latest Miramar Resources Ltd stock price today for real-time trading data and today's change.

Miramar Resources Ltd Cash Flow Conversion Ratio Explained

Miramar Resources Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

Miramar Resources Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Miramar Resources Ltd ranked by their cash flow conversion efficiency. Also see Miramar Resources Ltd (M2R) total market value for the company's overall valuation and market capitalisation.

Company Cash Flow Conversion Efficiency
Fonix Mobile plc
LSE:FNX
1.074x
Kontrol Energy Corp
NEO:KNR
-0.005x
Australian Bond Exchange Holdings Ltd
AU:ABE
0.350x
Sri Havisha Hospitality and Infrastructure Limited
NSE:HAVISHA
-0.024x
Edible Garden AG Inc
NASDAQ:EDBL
0.028x
MACDONALD MNS EXPL. A
F:3M7
N/A
Solar Alliance Energy Inc
V:SOLR
0.001x
Haoxi Health Technology Limited Class A Ordinary Shares
NASDAQ:HAO
-0.142x

Annual Cash Flow Conversion Efficiency for Miramar Resources Ltd (2019–2024)

The table below shows the annual cash flow conversion efficiency of Miramar Resources Ltd from 2019 to 2024. Review Miramar Resources Ltd (M2R) financial flexibility to assess the company's free cash flow relative to its total liabilities.

Year Net Assets Operating Cash Flow Cash Flow Conversion Efficiency Change
2024-12-31 AU$10.41 Million
≈ $7.37 Million
AU$-596.51K
≈ $-422.07K
-0.057x +35.59%
2023-12-31 AU$8.96 Million
≈ $6.34 Million
AU$-797.50K
≈ $-564.28K
-0.089x +37.95%
2022-12-31 AU$8.79 Million
≈ $6.22 Million
AU$-1.26 Million
≈ $-891.68K
-0.143x -22.89%
2021-12-31 AU$8.97 Million
≈ $6.35 Million
AU$-1.05 Million
≈ $-740.41K
-0.117x -38.59%
2020-12-31 AU$7.81 Million
≈ $5.53 Million
AU$-657.63K
≈ $-465.31K
-0.084x +69.57%
2019-12-31 AU$299.42K
≈ $211.86K
AU$-82.83K
≈ $-58.61K
-0.277x --

About Miramar Resources Ltd

AU:M2R Australia Other Industrial Metals & Mining
Market Cap
$2.14 Million
AU$3.02 Million AUD
Market Cap Rank
#29945 Global
#1723 in Australia
Share Price
AU$0.00
Change (1 day)
+0.00%
52-Week Range
AU$0.00 - AU$0.01
All Time High
AU$0.42
About

Miramar Resources Limited engages in the exploration and evaluation of mining tenements in Australia. It primarily explores for gold, nickel, copper, cobalt, and platinum group element deposits. The company's flagship project is the Gidji JV Project located within the Eastern Goldfields region near Kalgoorlie in Western Australia. Miramar Resources Limited was incorporated in 2019 and is based in… Read more