Miramar Resources Ltd (M2R) - Cash Flow Conversion Efficiency

Latest as of June 2025: -0.007x

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. See Miramar Resources Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.

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

This chart illustrates how Miramar Resources Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.

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.

Company	Cash Flow Conversion Efficiency
Roolife Group Ltd AU:RLG	-0.550x
MEMIONTEC HOLDINGS LTD F:8900	N/A
Card Factory PLC LSE:CARD	0.063x
Calidi Biotherapeutics Inc. NYSE MKT:CLDI	-1.342x
Greenwave Technology Solutions Inc. Common Stock NASDAQ:GWAV	-0.090x
Zotefoams PLC LSE:ZTF	0.169x
Traffic Technologies Ltd AU:TTI	0.256x
CPT Global Ltd AU:CGO	-1.430x

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. For the full company profile with market capitalisation and key ratios, see Miramar Resources Ltd stock valuation.

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

$2.67 Million

AU$3.78 Million AUD

Market Cap Rank

#29613 Global

#1718 in Australia

Share Price

AU$0.00

Change (1 day)

+25.00%

52-Week Range

AU$0.00 - AU$0.01

All Time High

AU$0.42