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. Also see Miramar Resources Ltd (M2R) total market value for the company's overall valuation and market capitalisation.

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. See M2R operating cash flow to total debt to evaluate how effectively operating cash flow covers total debt obligations.

Company	Cash Flow Conversion Efficiency
Fenbo Holdings Limited Ordinary Shares NASDAQ:FEBO	-0.054x
Australian Bond Exchange Holdings Ltd AU:ABE	0.350x
Accsys Technologies PLC LSE:AXS	0.058x
Clearside Biomedical Inc NASDAQ:CLSD	0.102x
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. View Miramar Resources Ltd stock price for real-time trading data and today's change.

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

#30029 Global

#1750 in Australia

Share Price

AU$0.00

Change (1 day)

-20.00%

52-Week Range

AU$0.00 - AU$0.01

All Time High

AU$0.42