Mako Gold Ltd
Mako Gold Limited engages in the acquisition, exploration, and development of gold tenements in Africa. The company's flagship property is the Napié gold project covering an area of approximately 224 square kilometers located in the north-central Côte d'Ivoire within the Daloa greenstone belt, West Africa. Mako Gold Limited was incorporated in 2015 and is based in Subiaco, Australia.
Mako Gold Ltd (MKG) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: -0.015x
Based on the latest financial reports, Mako Gold Ltd (MKG) has a cash flow conversion efficiency ratio of -0.015x as of June 2024.
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$-539.44K) by net assets (AU$35.52 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Mako Gold Ltd - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Mako Gold Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Mako Gold Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Mako Gold Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Biomotion Sciences Ordinary Shares
NASDAQ:SLXN
|
-0.407x |
|
Catcha Digital Bhd
KLSE:0173
|
0.064x |
|
Vynleads Inc
OTCQB:VYND
|
0.043x |
|
State GAS Ltd
AU:GAS
|
-0.031x |
|
LogProstyle Inc.
NYSE MKT:LGPS
|
-0.392x |
|
JX Luxventure Limited
NASDAQ:JXJT
|
-0.030x |
|
Volcanic Gold Mines Inc
PINK:VLMZF
|
-0.208x |
|
Treasure ASA
OL:TRE
|
0.012x |
Annual Cash Flow Conversion Efficiency for Mako Gold Ltd (2016–2024)
The table below shows the annual cash flow conversion efficiency of Mako Gold Ltd from 2016 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-06-30 | AU$35.52 Million | AU$-1.02 Million | -0.029x | +10.15% |
| 2023-06-30 | AU$32.26 Million | AU$-1.03 Million | -0.032x | +25.56% |
| 2022-06-30 | AU$26.14 Million | AU$-1.12 Million | -0.043x | +19.01% |
| 2021-06-30 | AU$17.78 Million | AU$-938.21K | -0.053x | +45.21% |
| 2020-06-30 | AU$6.58 Million | AU$-633.71K | -0.096x | -7.27% |
| 2019-06-30 | AU$5.81K | AU$-521.67 | -0.090x | -39.10% |
| 2018-06-30 | AU$5.89K | AU$-380.21 | -0.065x | -687.29% |
| 2017-06-30 | AU$6.16 Million | AU$-50.52K | -0.008x | -100.90% |
| 2016-06-30 | AU$-26.34K | AU$-24.10K | 0.915x | -- |