Mindax Ltd (MDX) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Mindax Ltd (MDX) has a cash flow conversion efficiency ratio of -0.040x as of December 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$-1.14 Million ≈ $-803.21K USD) by net assets (AU$28.25 Million ≈ $19.99 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 Mindax Ltd (MDX) defensive interval to measure how many days the company can operate on defensive assets alone.
Mindax Ltd - Cash Flow Conversion Efficiency Trend (2013–2025)
This chart illustrates how Mindax Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Mindax Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Mindax Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Next Bt Co. Ltd
KQ:065170
|
-0.031x |
|
Sentronic International
TWO:3232
|
0.055x |
|
Laser Photonics Corporation Common Stock
NASDAQ:LASE
|
0.985x |
|
Radiopharm Theranostics Ltd
AU:RAD
|
-0.454x |
|
Freemelt Holding AB
ST:FREEM
|
-0.037x |
|
Kartal Yenilenebilir Enerji Uretim AS
IS:KARYE
|
-0.059x |
|
Manx Financial Group PLC
F:3IM
|
-0.264x |
|
WIZIT Co. Ltd
KQ:036090
|
0.055x |
Annual Cash Flow Conversion Efficiency for Mindax Ltd (2013–2025)
The table below shows the annual cash flow conversion efficiency of Mindax Ltd from 2013 to 2025. For the full company profile with market capitalisation and key ratios, see market cap of Mindax Ltd.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-06-30 | AU$25.25 Million ≈ $17.87 Million |
AU$-1.85 Million ≈ $-1.31 Million |
-0.073x | +1.41% |
| 2024-06-30 | AU$24.60 Million ≈ $17.41 Million |
AU$-1.83 Million ≈ $-1.30 Million |
-0.074x | +1.56% |
| 2023-06-30 | AU$19.05 Million ≈ $13.48 Million |
AU$-1.44 Million ≈ $-1.02 Million |
-0.076x | -45.81% |
| 2022-06-30 | AU$18.62 Million ≈ $13.17 Million |
AU$-965.54K ≈ $-683.18K |
-0.052x | +85.29% |
| 2021-06-30 | AU$3.85 Million ≈ $2.73 Million |
AU$-1.36 Million ≈ $-961.27K |
-0.353x | -71.58% |
| 2020-06-30 | AU$1.13 Million ≈ $801.11K |
AU$-232.61K ≈ $-164.59K |
-0.205x | +55.67% |
| 2019-06-30 | AU$1.16 Million ≈ $821.00K |
AU$-537.76K ≈ $-380.50K |
-0.463x | -68.20% |
| 2018-06-30 | AU$1.14 Million ≈ $809.75K |
AU$-315.33K ≈ $-223.12K |
-0.276x | -3.90% |
| 2017-06-30 | AU$1.04 Million ≈ $736.29K |
AU$-275.97K ≈ $-195.27K |
-0.265x | +29.69% |
| 2016-06-30 | AU$1.13 Million ≈ $798.81K |
AU$-425.83K ≈ $-301.30K |
-0.377x | +77.11% |
| 2015-06-30 | AU$809.41K ≈ $572.71K |
AU$-1.33 Million ≈ $-943.57K |
-1.648x | -699.89% |
| 2014-06-30 | AU$21.73 Million ≈ $15.38 Million |
AU$-4.48 Million ≈ $-3.17 Million |
-0.206x | -189.26% |
| 2013-06-30 | AU$26.66 Million ≈ $18.87 Million |
AU$-1.90 Million ≈ $-1.34 Million |
-0.071x | -- |
About Mindax Ltd
Mindax Limited engages in the exploration and development of mineral properties in Australia. The company operates in two segments, Gold and Iron Ore. Its flagship property is the 65% owned Mt Forrest Iron project, including seven mining leases covering an area of approximately 53 square kilometers situated in the Yilgarn province of Western Australia's Mid-West region. The company was incorporat… Read more