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 balance sheet independence to measure how much of total assets are equity-financed.

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. Explore Miramar Resources Ltd cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

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
Sabio Holdings Inc V:SBIO	-0.163x
Fsport AB ST:FSPORT	0.215x
ZIMI Ltd AU:ZMM	-0.423x
UIL Ltd LSE:UTL	0.057x
Edible Garden AG Inc NASDAQ:EDBL	0.028x
MACDONALD MNS EXPL. A F:3M7	N/A
Solar Alliance Energy Inc V:SOLR	0.001x
Nexity Global SA WAR:NXG	-0.001x

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 how much is Miramar Resources Ltd worth.

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

#29916 Global

#1745 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