Miramar Resources Ltd Cash Flow Conversion Efficiency
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
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