Mindax Ltd Cash Flow Conversion Efficiency
Mindax Ltd 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.
Cash Flow Conversion Efficiency of Mindax Ltd (2013–2025)
Cash flow conversion efficiency of Mindax Ltd from 2013 to 2025. This chart illustrates how Mindax Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View current stock price of Mindax Ltd for real-time trading data and today's change.
Mindax Ltd Cash Flow Conversion Ratio Explained
Mindax 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.
Mindax Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Mindax Ltd ranked by their cash flow conversion efficiency. Also see MDX market cap for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Jerash Holdings US Inc
NASDAQ:JRSH
|
-0.060x |
|
Osmanli Menkul Degerler AS
IS:OSMEN
|
-0.129x |
|
DSR Corp
KO:155660
|
-0.010x |
|
TOVIS Co.Ltd
KQ:051360
|
0.035x |
|
Frigoglass S.A.I.C.
AT:FRIGO
|
-0.626x |
|
Organto Foods Incorporated
V:OGO
|
-0.045x |
|
San Neng Group Holdings Co Ltd
TW:6671
|
-0.023x |
|
MODULIGHT OY EO 1
F:78W
|
0.001x |
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. Review MDX free cash flow debt coverage to assess the company's free cash flow relative to its total liabilities.
| 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