Mighty Kingdom Ltd (MKL) - Cash Flow Conversion Efficiency

Latest as of December 2024: -2.649x

Based on the latest financial reports, Mighty Kingdom Ltd (MKL) has a cash flow conversion efficiency ratio of -2.649x as of December 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$-3.27 Million ≈ $-2.31 Million USD) by net assets (AU$1.23 Million ≈ $873.02K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See MKL equity to assets ratio to measure how much of total assets are equity-financed.

Mighty Kingdom Ltd - Cash Flow Conversion Efficiency Trend (2017–2023)

This chart illustrates how Mighty Kingdom Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Mighty Kingdom Ltd cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Mighty Kingdom Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Mighty Kingdom Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
GREAT PORTLAND ESTATES PLC LSE:GPE	0.002x
Xilam Animation PA:XIL	0.207x
Passat Société Anonyme PA:PSAT	0.017x
Energean Oil & Gas PLC LSE:ENOG	0.428x
nTels Co. Ltd KQ:069410	-0.030x
Quince Therapeutics, Inc. NASDAQ:QNCX	-0.487x
Burgundy Diamond Mines Ltd AU:BDM	0.009x
Lion Industries Corporation Bhd KLSE:4235	-0.076x

Annual Cash Flow Conversion Efficiency for Mighty Kingdom Ltd (2017–2023)

The table below shows the annual cash flow conversion efficiency of Mighty Kingdom Ltd from 2017 to 2023. For the full company profile with market capitalisation and key ratios, see MKL company net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2023-12-31	AU$2.93 Million ≈ $2.07 Million	AU$-5.60 Million ≈ $-3.97 Million	-1.913x	+15.45%
2022-12-31	AU$3.25 Million ≈ $2.30 Million	AU$-7.36 Million ≈ $-5.21 Million	-2.262x	+5.93%
2021-12-31	AU$5.29 Million ≈ $3.74 Million	AU$-12.71 Million ≈ $-8.99 Million	-2.405x	-371.54%
2020-12-31	AU$11.90 Million ≈ $8.42 Million	AU$-6.07 Million ≈ $-4.30 Million	-0.510x	-232.23%
2019-12-31	AU$-3.19 Million ≈ $-2.26 Million	AU$-1.23 Million ≈ $-871.32K	0.386x	-87.99%
2018-12-31	AU$-603.11K ≈ $-426.74K	AU$-1.94 Million ≈ $-1.37 Million	3.211x	+11534.70%
2017-12-31	AU$-994.79K ≈ $-703.88K	AU$27.94K ≈ $19.77K	-0.028x	--

About Mighty Kingdom Ltd

AU:MKL Australia Electronic Gaming & Multimedia

Market Cap

$17.13 Million

AU$24.20 Million AUD

Market Cap Rank

#25553 Global

#1112 in Australia

Share Price

AU$0.17

Change (1 day)

+0.00%

52-Week Range

AU$0.17 - AU$0.17

All Time High

AU$2.01