Mighty Kingdom Ltd Cash Flow Conversion Efficiency

Latest as of December 2024: -2.649x

Mighty Kingdom Ltd cash flow conversion efficiency. 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.

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

Cash flow conversion efficiency of Mighty Kingdom Ltd from 2017 to 2023. This chart illustrates how Mighty Kingdom Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View MKL stock price and chart for real-time trading data and today's change.

Mighty Kingdom Ltd Cash Flow Conversion Ratio Explained

Mighty Kingdom 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.

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. Also see MKL market cap overview for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Accuray Incorporated NASDAQ:ARAY	0.058x
China Times Publishing Co TWO:8923	0.071x
Xilam Animation PA:XIL	0.207x
Passat Société Anonyme PA:PSAT	0.017x
CT AUTOMOTIVE GROUP -005 F:X7X	N/A
Photon Energy N.V. WAR:PEN	0.119x
Cosmos Exploration Ltd AU:C1X	-0.171x
Aksu Enerji ve Ticaret AS IS:AKSUE	0.002x

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. Review Mighty Kingdom Ltd free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.

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

#25442 Global

#1079 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