Midas Minerals Ltd Cash Flow Conversion Efficiency
Midas Minerals Ltd cash flow conversion efficiency. Based on the latest financial reports, Midas Minerals Ltd (MM1) has a cash flow conversion efficiency ratio of -0.189x as of June 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$-1.67 Million ≈ $-1.18 Million USD) by net assets (AU$8.84 Million ≈ $6.25 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 Midas Minerals Ltd (2018–2024)
Cash flow conversion efficiency of Midas Minerals Ltd from 2018 to 2024. This chart illustrates how Midas Minerals Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Midas Minerals Ltd (MM1) stock price for real-time trading data and today's change.
Midas Minerals Ltd Cash Flow Conversion Ratio Explained
Midas Minerals 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.
Midas Minerals Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Midas Minerals Ltd ranked by their cash flow conversion efficiency. Also see MM1 market cap overview for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Zapata Computing Holdings Inc. Common Stock
NASDAQ:ZPTA
|
0.032x |
|
São Carlos Empreendimentos e Participações S.A
SA:SCAR3
|
-0.037x |
|
VYTRUS BIOTECH EO -01
F:V5P
|
N/A |
|
Victoria Investama Tbk
JK:VICO
|
-0.086x |
|
King Chou Marine Technology Co Ltd
TWO:4417
|
0.007x |
|
Even Construtora e Incorporadora S.A
SA:EVEN3
|
0.005x |
|
Woojin
KO:105840
|
0.040x |
|
Fleetwood Ltd
AU:FWD
|
0.361x |
Annual Cash Flow Conversion Efficiency for Midas Minerals Ltd (2018–2024)
The table below shows the annual cash flow conversion efficiency of Midas Minerals Ltd from 2018 to 2024. Review MM1 financial flexibility score to assess the company's free cash flow relative to its total liabilities.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | AU$5.20 Million ≈ $3.68 Million |
AU$-1.31 Million ≈ $-928.35K |
-0.252x | -23.95% |
| 2023-12-31 | AU$6.12 Million ≈ $4.33 Million |
AU$-1.25 Million ≈ $-881.60K |
-0.203x | -84.19% |
| 2022-12-31 | AU$7.34 Million ≈ $5.19 Million |
AU$-810.82K ≈ $-573.71K |
-0.110x | +22.29% |
| 2021-12-31 | AU$8.05 Million ≈ $5.70 Million |
AU$-1.14 Million ≈ $-810.15K |
-0.142x | -650.00% |
| 2020-12-31 | AU$8.67 Million ≈ $6.14 Million |
AU$-164.41K ≈ $-116.33K |
-0.019x | +79.90% |
| 2019-12-31 | AU$2.19 Million ≈ $1.55 Million |
AU$-206.60K ≈ $-146.19K |
-0.094x | -57490.83% |
| 2018-12-31 | AU$3.41 Million ≈ $2.41 Million |
AU$-558.17 ≈ $-394.94 |
0.000x | -- |
About Midas Minerals Ltd
Midas Minerals Limited engages in exploration and evaluation of mineral resources in Western Australia and Canada. It explores for gold, lithium, copper, nickel, platinoids, and base metals as well as platinum group elements. The company was incorporated in 2018 is based in West Perth, Australia.