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.

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. Read Mighty Kingdom Ltd (MKL) financial obligations for a breakdown of total debt and financial obligations.

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
CHARBONE HYDROGEN CORP. F:K47	N/A
Taihan Textile KO:001070	-0.044x
Xilam Animation PA:XIL	0.207x
Trivarx Ltd AU:TRI	-0.023x
Semilux International Ltd. Ordinary Shares NASDAQ:SELX	-0.064x
Miwon Chemical KO:134380	0.065x
FELIX Group Holdings Ltd AU:FLX	0.018x
Geratherm Medical AG XETRA:GME	0.021x

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 Mighty Kingdom Ltd market capitalisation.

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

#25501 Global

#1155 in Australia

Share Price

AU$0.17

Change (1 day)

-2.94%

52-Week Range

AU$0.01 - AU$0.17

All Time High

AU$2.01